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Aceh rebuilding to start March 26, Indonesia

The Indonesian government will officially kick off rehabilitation and reconstruction programs in tsunami-ravaged northwestern Aceh province on March 26, the Jakarta Post reports.  The reconstructi...
News - 14 March 2005

New VAT rates could stimulate market

Much of India may be losing sleep over a rise in sales tax to 12.5 per cent from 8 per cent once value added tax comes into effect next month.  But South-based cement majors such as India Cements,...
News - 10 March 2005

Cement output to be raised

The Pakistani cement industry is poised to enhance the production to 35Mt in next three years from existing around 17Mt. It will be producing the surplus cement beyond the local consumption demand...
News - 09 March 2005

Somani bags Iraq export order

Somani Cement Company (SCCL) has bagged a Rs32 crore order from a Iraq-based multi-national company.   The Vadodara-based company will export over 50,000t of cement and around 45,000t of clinkers ...
News - 09 March 2005

Retail cement prices set to rise in the north

Retail cement prices in north India are set to increase by Rs10 per 50 kg bag on account of a spike in demand in the region. The prices are currently around Rs 165 for a 50 kg bag.   "After low pi...
News - 09 March 2005

The downs and ups of freighting costs

Despite the rather unanimous fall in rates recorded this week, which is in line with what had been anticipated, the last 24 hours of the week have given some signals of an upward trend. Everyone...
News - 09 March 2005

Holcim defers open offers as regulators delay approval

Holcim’s twin open offers for 37 per cent in Associated Cement Companies (ACC) and 5.9 per cent in Ambuja Cement Eastern, which were slated to open on March 9, have been deferred with the Securiti...
News - 08 March 2005

India’s Shree Cement sees 34 per cent jump

India’s Shree Cement Ltd expects to post a 34 per cent jump in operating profit for the year ending March 31, 2005, a senior company official said on Monday.   Cement demand in India is booming as ...
News - 08 March 2005

OCL India to set up integrated steel plant

The Orissa-based OCL India Ltd, producer of the Konark brand cement, is setting up its first integrated steel plant of 0.25Mt per annum capacity.   The company singed a memorandum of understandin...
News - 07 March 2005

Brazil: Votorantim enters India

After acquiring assets in Canada and the US, Votorantim Cimentos is penetrating in India through the take over of a plant with a capacity of 3.5Mta of cement for US$80m. Votorantim has kept und...
News - 04 March 2005