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Minister asks cement cos to bring down prices by Monday, India

India’s Commerce & Industry Minister Kamal Nath Friday asked cement companies to come up with a proposal to reduce prices by Monday. "Government cannot and will not remain a silent spectator to th...
News - 12 May 2006

Holcim first quarter net sales up 70 per cent

Holcim has reported a successful start to the new year with investments in India and China create new growth potential. The Swiss major reported higher sales volumes across all segments for 1Q06. ...
News - 11 May 2006

Government asks cement firms to justify price hike, India

India’s government has asked a body representing cement manufacturers to explain a recent spike in prices and suggest ways they could be moderated, an official said on Wednesday.     Commerce and...
News - 11 May 2006

Guidelines on cement import freight subsidy, Pakistan

The State Bank of Pakistan (SBP) has issued guidelines to the banks for disbursement of freight subsidy for import of cement. The issuance of guidelines is inline with the cabinet in order to red...
News - 11 May 2006

Kamal to invest Rs 1,000 cr, India

Kamal Cement & Infrastructure Ltd has proposed setting up a 2Mt (in two phases of 1Mt each) cement plant in the Satna district with an investment of Rs 1,000 crore.     The company will join hand...
News - 11 May 2006

Analysts look for higher earnings from Holcim

Holcim could report higher first-quarter profits after the purchase of its third-largest competitor in India and an increased stake in a Chinese partner. Net income may have risen by 32 per cent t...
News - 10 May 2006

April cement shipments up (and down), India

Indian companies shipped 13Mt of cement in April, up 10.2 per cent from a year ago, an industry body said on Wednesday.  Production in April was 12.4 percent higher at 13.2Mt from a year ago, the ...
News - 10 May 2006

Foreign players seen in race for Andhra cement

Andhra Pradesh-based Rain Commodities is said to be looking at either partially divesting its stake in its cement business to a strategic partner or entirely selling off the 1.5Mt cement unit, acc...
News - 10 May 2006

Lafarge to invest in Chhattisgarh cement plant, India

Lafarge India Pvt Ltd, a subsidiary of the Lafarge Group, plans to invest Rs.7bn ($156m) to raise the cement production capacity of its Chhattisgarh unit from 1.5Mta to 3.5Mta. ‘Lafarge is keen t...
News - 08 May 2006

Shree Cement to set up new plant, India

Shree Cement is planning to set up another 1.5Mta cement plant (Unit-V) at the Pali district in Rajasthan, India.    The company already operates a 1.5Mta cement plant Unit III) at the above site...
News - 08 May 2006