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Macquire Research on Indian prospects

Rakesh Arora of Macquire Research Equities, India says that cement supply will not come in for the next two-three years, which may result in cement prices going further up. Based on profitability,...
News - 19 April 2006

ACC prepares for expansion

Associated Cement Companies (ACC) India, plans to invest about Rs400 crore to expand capacity at its facility in Lakheri in Rajasthan by 1Mta. The company also plans to set up a 25mW coal-based ca...
News - 18 April 2006

Actis to invest in Dalmia Cement

Actis, a leading private equity investor in emerging markets, announced its intention to invest US$25m in Dalmia Cement (Bharat) Ltd (DCB), a manufacturer of cement in South India. In addition to ...
News - 13 April 2006

Cement shortage hits many southern areas

Fuelled mainly by the construction boom, cement consumption in the south of India grew at a higher rate than the all-India figure in 2005-06 compared to the previous year. Consequently, in some ma...
News - 13 April 2006

Lafarge to look at more opportunities in India

After a gap of almost five years, Lafarge India, a subsidiary of the Paris-based Lafarge Group, is once again on the prowl. The company has started talking to a few Indian cement players for possi...
News - 12 April 2006

The road ahead for Gujarat Ambuja

After Holcim acquired a 14.8 per cent stake in cement major Gujarat Ambuja Cements Ltd (GACL) in January this year from the promoters, the Sekhsaria family, the suspense surrounding the India stra...
News - 10 April 2006

Prospects for OCL India’s cement look sound

OCL India appears well placed to benefit from the favourable industry dynamics in the cement sector. It has a presence in the eastern market where price have been firming up and are expected to st...
News - 10 April 2006

Lafarge announces new CDM projects

Lafarge reports that its Clean Development Mechanism (CDM) project which substitutes alternative, biomass energy sources for fossil fuels in two of its cement plants in Malaysia, has been validate...
News - 10 April 2006

All quiet on the western front

World crude steel production topped 1.1bn tonnes for the full year 2005 and according to the first 2006 results this figure, despite a limited slow down, could reach 1.2bn tonnes by the end of the...
News - 10 April 2006

Cement sector to show 10 per cent gain

The Indian cement industry is upbeat about its results this fiscal following its financial performance in the first three quarters ended December 31, 2005. Industry sales rose 9%, while net profit...
News - 07 April 2006