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An eventful year for Pakistan cement industry

The year that ended a few days ago was very eventful for the domestic cement sector as it witnessed very high prices, very low prices, cartel, then break-up of cartel, fights between manufacturers...
News - 05 January 2007

Demand for cement to grow by 9.5 per cent in five years, India

It is being anticipated by trade circles that demand for cement in India would grow at a 5-year cumulative annual growth rate of 9.5 per cent, whereas the capacity had increase by 18 per cent in t...
News - 04 January 2007

India’s ACC Dec cement shipments up 3.1 per cent YoY

ACC Ltd., India’s second-biggest cement producer, said on Wednesday its December shipments rose 3.1 per cent to 1.65Mt from 1.60Mta a year ago. The Mumbai-based company, one-third owned by Switze...
News - 03 January 2007

Cemex in talks to buy Deepak Cements

Cemex is reportedly in talks to take over unlisted Deepak Cements & Chemicals, the DNA newspaper reported, citing unnamed sources.     The paper said that Chairman and Managing Director Hemant Pa...
News - 02 January 2007

Cement prices likely to harden on rising demand

Indian cement prices are on the rise due to a tight demand-supply mismatch despite massive investments going into capacity build-up by companies. Prices in Mumbai have risen by Rs5-10 to Rs235-240...
News - 01 January 2007

Jaypee Cement lines up expansion

After the Rs 459-crore acquisition of UP State Cement, Jaypee Cement is now looking at an aggressive expansion through the organic route. The company plans to invest close to Rs3500 crore for sign...
News - 01 January 2007

Cement may shift to rail from road

The Indian Railway system was likely to emerge as the optimum logistics option for the Indian cement industry, a report released recently indicated. As of now, road transport has a substantial sha...
News - 01 January 2007

Govt seeks pre-budget proposals from cement industry

Favouring reduction in the central excise on cement, the Industry Ministry has asked India’s manufacturers to submit their proposals seeking relief in the coming budget.     "If cement production...
News - 22 December 2006

Lafarge begins cement production in Bangladesh

Lafarge Surma Cement Limited (LSCL), has started producing cement at a $270m Bangladesh project to meet demand from the country’s growing construction sector.    The LSCL is a joint entity of L...
News - 21 December 2006

Fate of CCI unit in balance

The closed Adilabad unit of Cement Corporation of India (CCI) may be put on auction block if events are any indication. According to S. Vilas, general secretary of the CCI Employees’ Union here, ...
News - 21 December 2006