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Tata Steel to acquire 40 per cent stake in Thai Millenium SteelTata Steel said it has signed an agreement with Thailand’s Cementhai Holding Company, a Siam Cement Group company, for acquiring its 40 per cent stake in Millennium Steel. The company will pur...News - 16 December 2005 |
Indian industry launches enviro programsThe World Resources Institute (WRI) and the CII Sohrabji Godrej Green Business Centre (CII – Godrej GBC) have announced a new national initiative to advance climate-friendly, sustainable enterpris...News - 15 December 2005 |
ACC buys Tarmac IndiaAssociated Cement Companies Ltd. (ACC) said on Wednesday it had acquired 98.84 percent of Tarmac India Pvt Ltd. for 124 million rupees ($2.7m). Tarmac India is a subsidiary of Tarmac UK, an Anglo A...News - 14 December 2005 |
Case for Indian Competition CommissionThe government’s belated concern over cartelisation in cement is welcome. It should fast-track the Competition Commission, currently awaiting fresh legislation. Cartelisation among cement majors is...News - 13 December 2005 |
Fly ash should be treated as a resource"If people can be convinced that use of fly ash can reduce the time for making the concrete, provide more solidity and reduce costs, the day is not far off when India would be able to utilise all ...News - 13 December 2005 |
JK Cement promoter to offload large stakeYadhupati Singhania, owner and Managing Director of JK Cement Ltd, will be off-loading 26 per cent of his stake for raising around Rs 250-300 crore, (around US$65m) early next year. JK Cement, whi...News - 13 December 2005 |
JK Cement plans expansionJK Cement, India is embarking on an expansion plan for which it is planning an initial public offering (IPO) to raise Rs 300 crore in January 2006. "Plans are afoot to increase the production capa...News - 12 December 2005 |
CSE to release environmental scorecardThe Centre for Science and Environment(CSE) in India is preparing an environmental scorecard of the cement industry which poses many ecological challenges. The scorecard for the heavy weight indust...News - 12 December 2005 |
Pakistan could permit Indian importsIndia’s cement industry, which exported over 10Mt of cement and clinker last year, might witness a surge in demand with neighbouring Pakistan expected to allow import of the commodity from here in...News - 09 December 2005 |
Stronger signs in Panamax sectorDifficult to see where the market is going with mixed signals still the order of the day, unusual times, particularly in the heart of the winter period when things are usually a bit more obvious. ...News - 08 December 2005 |