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Lafarge eyes buyouts to increase capacity

Lafarge India will consider acquisitions to enhance its manufacturing capacity following an increase in demand for cement. The company at present has a manufacturing capacity of 5Mt of ...
News - 25 June 2004

Lafarge eyes buyouts to increase capacity , India

Cement major Lafarge India will explore acquisitions to enhance its manufacturing capacity in view of the growing demand for cement. At present Lafarge’s cement manufacturing capacity stands a...
News - 24 June 2004

CCI in talks to set up cement plant

The Steel Authority of India (SAIL) is in talks with Cement Corporation of India (CCI) to set up a 1Mta cement plant near its Bokaro steel plant.  The cement plant will be a 50:50 joint venture be...
News - 22 June 2004

Cement firms top capacity use

A number of cement companies are utilising 100% capacity. Kesoram Industries tops the list, having raised its capacity utilisation from 108% in 2001 to 137% in 2004.  Mangalam Cement is close by, w...
News - 22 June 2004

Start summer scale-down

With spring coming to an end and the summer to commence, business is starting to scale down to summer levels as could be expected. All bulk rates continued to be under pressure and slipping gradua...
News - 22 June 2004

CCI set to sign MoU for cement plant

Bokaro steel plant and the Cement Corporation of India (CCI) are all set to sign MoU paving way for a cement plant in Bokaro. Already two high level meetings have taken place. Further talks to fin...
News - 21 June 2004

Tax exemptions and ailing cement units on acquisition radar

AILING cement companies are in vogue. In a bid to take advantage of the tax shelter accorded to loss-making units, bigger manufacturers are increasingly eyeing them as prime takeover targets. ...
News - 21 June 2004

Cement production highs in Gujarat

Gujarat state India recorded the highest cement production in the last financial year from its eight integrated works, including Grasim Industries Ltd, Gujarat Ambuja Cements Ltd and Larsen & Toub...
News - 18 June 2004

Cimpor plans Indian acquisition?

In what could signal another step forward in the consolidation of the Indian cement sector, Cimpor has appointed merchant bankers HSBC Securities and KPMG to identify acquisition targets within In...
News - 17 June 2004

Qatar’s construction industry, scrambling to meet Asian Games deadlines

In April work on government-driven projects linked to the 15th Asian Games was forced to a halt for the second time in six months owing to a scarcity of cement in the local market. Although games ...
News - 16 June 2004