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LIC to tender its stake in Holcim open offer for ACC

The Life Insurance Corporation (LIC) of India, the largest institutional shareholder in the Associated Cement Companies (ACC) Ltd has decided to tender a five per cent stake in the open offer of H...
News - 07 April 2005

Afghan cement factory renovation

A cement factory based in Dubai, the International Star Cement Factory, has announced that it will spend US$25m on the renovations of an old cement factory in Ghor district in northern Baghlan pro...
News - 06 April 2005

Holcim woos ACC investors

Holcim, has taken an aggressive approach to push through its open offer to the shareholders of the Associated Cements Ltd (ACC). DSP Merrill Lynch, merchant banker to the offer, has appointed agen...
News - 06 April 2005

JK Cement plans plant in Karnataka

JK Cement, India, plans to set up a one million tonne grey cement plant in Karnataka. The company is currently assessing limestone deposits in Bagalkot district in north Karnataka. “Once the limes...
News - 05 April 2005

India’s cement shipments rise

Associated Cement Companies Ltd, India’s second-largest cement producer, shipped 1.57Mt of cement in March, up six per cent from 1.48Mt in the same month last year, it said on Monday.    Meanwhile ...
News - 05 April 2005

India Aditya Birla FY 05 Cement Sales

The Aditya Birla group, which controls Grasim Industries Ltd and UltraTech Cement Co, said its cement sales for the fiscal year ended March 2005, rose 5.44 per cent to 26.26Mt. The group said Grasi...
News - 05 April 2005

Aditya Birla FY 05 cement sales

India’s Aditya Birla group, which controls Grasim Industries Ltd and UltraTech Cement Co  Saturday said its cement sales for the fiscal year ended March 2005, rose 5.44 per cent to 26.26Mt.  The gr...
News - 04 April 2005

Indian capacity utilisation increases

Most cement plants in India have witnessed high levels of capacity utilisation, with over 66 pwer cent of the plants operating at more than 75 per cent capacity between April 2004 and February 200...
News - 04 April 2005

India Cements, possible settlement deal

India Cements, which is on a comeback trail by trimming losses and improving price realisation, has finalised a fresh loan at low cost with an all-India institution even as the company has struck ...
News - 01 April 2005

East India leads in regional cement consumption

Eastern India leads the growth in regional cement consumption for the period April 2004 to February 2005, registering a 15.6 per cent year-on-year (Y-o-Y) increase to 18.1Mt. Delhi also clocked a ...
News - 29 March 2005