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New orders for Polysius

Cementos del Norte, Honduras, awards turnkey order to Polysius With the aim of raising production capacity by 3300tpd of cement clinker. Cementos del Norte S.A. contracted Polysius to upgrade thei...
News - 23 February 2007

India cement consumption to cross 150Mt this fiscal

With the capacity utilisation crossing the 100% mark for the first time in January 2007 and two more peak months of February and March left in the current fiscal, cement consumption this fiscal is ...
News - 22 February 2007

India Cements mull merger with Visaka Cement

India Cements Ltd  said Thursday its board will meet on Wednesday, Feb. 28, to consider a proposal to merge with an associate firm, Visaka Cement Industry Ltd. Mid-sized India Cements didn’t disc...
News - 22 February 2007

India’s building boom fuels coal rush

Soaring demand for cement to feed India’s construction boom is forcing the country’s cement makers to import much more coal, driving up prices in South Africa as cheaper alternatives dry up.    C...
News - 19 February 2007

BVCL plans 6000t cement facility, India

Assam-based Barak Valley Cements (BVCL) plans to set up a 6000tpd cement manufacturing facility in either Orissa or Jharkand. The Rs 52-crore company has applied for lease of limestone mines to bo...
News - 15 February 2007

Indian cement companies have had a good run in Q3

Cement makers continued their good run in the third quarter. The year-on-year net profits of companies rose 219% and net sales were up 47%. The combined net profit of the top 20 companies rose to ...
News - 12 February 2007

New order for ABB

ABB India has been awarded a Rs 311 crore order to provide power, automation products and systems to Ultratech Cement, part of Aditya Birla Group, for its cement capacity expansion.     Under the...
News - 12 February 2007

Import duty cuts achieve little: prices hold steady

When the Union government reduced the import duty on cement from 12.5% to nil in the third week of January, the aim was to reign in the “runaway” cement prices. The expectation was that such a mov...
News - 12 February 2007

Hungry for tonnage

Since the start of the year, and given that the market has not felt any ignificant downward pressure, both owners and charterers have been hungry for tonnage. On the charterers front we have seen ...
News - 12 February 2007

Claudius Peters opens new outpost in India

Langley Holdings Claudius Peters division has a recently announced the opening of its new outpost in India. Located in Mumbai, the new office will offer clients Claudius Peters expertise in the fi...
News - 09 February 2007