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Price fall, higher input costs, southern India

The combined impact of a fall in price and a rise in input costs has adversely affected South India-based cement companies, even as the industry’s prospect at the national level is rated good.  Th...
News - 17 November 2004

Lafarge to start Mejia plant by 2006

Lafarge will start commercial production at its proposed 1Mta cement plant at Mejia in Bankura by 2006. The construction work for the plant will start from 2005. "Lafarge will come up with its cem...
News - 16 November 2004

Lafarge keen on more Indian acquisitions

Lafarge India Ltd is weighing the options of setting up greenfield units or taking over existing units in the country for growth.   The Indian subsidiary, which has presence in the eastern part of ...
News - 12 November 2004

Aditya Birla Group launches UltraTech in Hyderabad

Launching UltraTech Cement, the new name of L&T Cement, in Hyderabad on Wednesday, OP Puranmalka, executive president and chief marketing officer of UltraTech Cement Limited, Aditya Birla Group, s...
News - 12 November 2004

India Cement Output up 20% in north

Major cement companies in northern India have increased production by about 20% from mid-October to meet growing demand from the construction sector, an industry executive said Thursday.   "There ...
News - 12 November 2004

Lafarge says its Indian brand push is costliest

Lafarge spends more on brand promotion as a proportion of sales in India than any other country in the world, the company’s chairman, Bertrand Collomb, told Business Standard today.  "The marketin...
News - 11 November 2004

Activity levels remain quite firm

With the grain side no longer providing the same number of opportunities, the Panamax market has been a bit weaker this week despite being helped by a still strong mineral activity also sustained ...
News - 10 November 2004

Birla group to set up concrete plants

The Aditya Birla group is planning to set up 30 ready-mix-concrete (RMC) cement plants in several locations across the country in the next two years and one of it would be in Kolkata.  However, th...
News - 09 November 2004

Lafarge plugs in to captive power sector

Lafarge India (LIPL), a subsidiary of the Lafarge group of France, will be amongst the first foreign investors in the captive power sector in India. The company which grabbed headlines by taking o...
News - 08 November 2004

Mexico Cemex mulls expansion in Russia, China, India

Mexican Cementos Mexicanos SA (Cemex), the world’s third largest cement maker, plans to start operations in Russia, China or India, after the purchase of the British building materials producer RM...
News - 05 November 2004