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Indian Cement industry to face continued oversupply?With more than 6 million tonnes of capacity addition in the pipeline in the next three years, the Indian cement industry could continue to remain under the surplus condition. As per the estimates,...News - 16 May 2005 |
New 1Mta clinker grinding plant at Dadri IndiaGrasim Industries Ltd, a member of the Aditya Birla Group, India awarded Humboldt Wedag India Ltd and its holding company, KHD Humboldt Wedag GmbH, Germany the contract for engineering and supp...News - 16 May 2005 |
Rajasthan may slip up on cement outputThe largest cement producing state in India, Rajasthan, where no substantial capacity additions have occurred in the past five years, will soon be required to enhance production capacity in the sta...News - 13 May 2005 |
Sebi gives Holcim okay for Ambuja Eastern open offerAfter a four-month delay, Holcim on Wednesday received the go-ahead from Sebi to make its open offer to minority shareholders of Ambuja Cement Eastern (ACEL), who have a five per cent shareholding...News - 12 May 2005 |
Holcim directors join ACC boardTwo senior directors of Swiss cement giant Holcim have joined the ACC board, India’s second largest cement maker, on Friday following the acquisition of 34.7 per cent stake in ACC by Holcim. Marku...News - 09 May 2005 |
ACC profits up 89 per centACC has posted a rise of 88.96 per cent in net profit at Rs 378.39 crore for the year ended March 31, 2005 compared with Rs 200.24 crore last year. Total income (net of excise) rose 16.45 per cent ...News - 09 May 2005 |
India’s ACC to boost capacity to 20.6MtAssociated Cement Companies Ltd. (ACC) , India’s No. 2 cement maker, said on Friday its capacity would grow to 20.6Mtaq from 16.5Mta after modernisation and consolidation. The company will merge t...News - 09 May 2005 |
Indian leading April shipments upAditya Birla group, India’s top cement producing group, said on Tuesday April cement shipments rose 9.8 per cent from a year ago to 2.48Mt. The Birla group comprises of flagship Grasim Industries ...News - 04 May 2005 |
Holcim wants higher ACC stakeHolcim Ltd., the world’s second-biggest cement maker, wants to lift its stake in ACC to about 50% after failing to gain control of India’s biggest maker of the building material in a bid that ended...News - 03 May 2005 |
Thailand: India-based NIIT in IT alliance with cement maker HolcimNew Delhi-based NIIT Technologies has announced that it is scaling up its information-technology alliance with global cement-maker Holcim Group, The Nation reports. Holcim has decided to conso...News - 28 April 2005 |