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SCG upbeat on investment outlook; Thai fundamentals remain attractive

Siam Cement Group (SCG), the country’s largest industrial conglomerate, believes Thailand’s economic fundamentals remain attractive enough for foreign direct investment (FDI) next year despite a m...
News - 19 December 2006

Holcim to up capacity in India

Holcim is scaling up its Indian cement capacity by another 6Mt.   The global major’s two arms – Gujarat Ambuja Cements (GACL) and ACC – will execute the expansion plans which will put the group co...
News - 18 December 2006

ACC capacity augmentation

ACC Ltd will spend INR14.80bn (US$331m) on expanding the capacity of its New Wadi plant in western India by about 3Mta, the company said in a statement. The Mumbai-based firm, one-third owned by H...
News - 15 December 2006

Govt rules out any ban on cement export

The Government of India today ruled out any proposal to impose a ban on cement exports despite rising input costs putting pressure on cement prices.     There is no proposal under consideration a...
News - 13 December 2006

Merrill ups emerging market infrastructure spending forecast

Infrastructure spending in emerging markets could exceed $1 trillion in the next three years, up from its previous estimate of $705 billion, on higher spending forecasts for China and the emergenc...
News - 12 December 2006

Cement prices inching upwards in Andhra, India

With the month of December usually showing the marked increase in consumption levels in a year, retail cement prices are slowly moving upwards in anticipation of higher demand levels in Andhra ...
News - 11 December 2006

India’s JK Cement to invests in new plant

JK Cement Ltd said on Friday it would invest INR9.5bn in the first phase of a cement plant it is setting up in Karnataka state. The plant will have a capacity of 3.5Mta once the split-grinding uni...
News - 08 December 2006

Holcim eyes raising stake in Gujarat Ambuja

Holcim is looking to raise its stake in India’s Gujarat Ambuja Cements Ltd, the Business Standard newspaper said on Thursday, quoting a Holcim official. Holcim, which recently raised its holding ...
News - 07 December 2006

Sanghi to increase capacity

Sanghi Industries to increase capacity. Sanghi Industries, a cement producer based in Andhra Pradesh state, has announced plans to increase its capacity from 3.3Mt to 10Mta. The company will exp...
News - 07 December 2006

India has no plans to end cement duty, ban exports

India has no plans to scrap import duties on cement or ban exports as prices have stabilised after a strong rally earlier this year, a junior industry minister said on Wednesday. "There is no pro...
News - 07 December 2006