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India’s Ambuja Cements May sales up 2.7% on year

India’s Ambuja Cements Ltd  said its cement sales for the month of May grew 2.7% on-year to 1.53Mt. The company’s cement sales for January-May rose 1.8% to 7.32Mt, it said in a statement.
News - 05 June 2007

India Aditya Birla May cement sales 2.71Mt

India’s Aditya Birla Group said Saturday that cement sales in May rose 4.75 per cent on the year to 2.71Mt.     Cement production for the month grew 3.7% on year to 2.705Mt, it said in a statemen...
News - 04 June 2007

JK Cement to increase capacity three-fold

India’s JK Cement is planning to invest around Rs 2,500 crore to increase its capacity three-fold to 15Mt in five years. This will be in addition to the Rs 1,100 crore which the company is spendin...
News - 04 June 2007

Birla Corp FY07 net up 160%, India

Birla Corporation, the M P Birla group flagship, has registered a net profit of Rs 326.23 crore for the year ended March 31, 2007, an increase of 159.40 per cent. The company achieved its highest ...
News - 31 May 2007

Govt, manufacturers responsible for cement price rise: BAI

The Builders’ Association of India (BAI) has blamed the union commerce ministry and domestic cement manufacturers for the jump in skyrocketing of cement prices, which have gone up to Rs 240-250 pe...
News - 30 May 2007

Pakistan manufacturers want to export through Wagah border

Pakistani cement manufacturers have demanded the opening of a land route for export the product to India in 2007-08. According to The Nation, the manufacturers want to export cement through the W...
News - 30 May 2007

Lafarge CEO prioritises investment in growth countries and in innovation

Lafarge chief executive Bruno Lafont said the group’s strategic priorities going forward are to invest in cement activities in developing countries and to develop its capacity for innovation, nota...
News - 29 May 2007

India Binani Cement ends lower Vs IPO price

Shares of India’s  Binani Cement Ltd. (532849.BY) Monday closed 8.5% below their initial public offer price, on fears that the freeze on cement prices and excess supply will squeeze the company’s ...
News - 29 May 2007

Zuari Cement to tap new markets, India

Zuari Cement, a wholly owned subsidiary of the Italcementi Group, plans to enter Maharashtra, Orissa and West Bengal after its capacity expansion in 2008.     The company has two units located in...
News - 29 May 2007

Holcim, Birla in race for market leadership

Aditya Birla Group and Holcim are rapidly increasing capacity in a bid to become the largest player in India’s cement industry.     The country is moving towards overcapacity in three years and t...
News - 25 May 2007