Search Results

Low demand high supply bring cement prices down

It’s apparently uncertain times ahead for the Indian cement industry with significant oversupply and lower-than-expected demand looming large.  Adding to the woes, says an analyst, are the general...
News - 17 March 2004

No takers in sight for Cemcorp

The Indian government’s renewed attempts to privatise the ailing Cement Corporation of India (CCI) has come to naught with no bids being received for the company’s nine cement plants. Only two cem...
News - 16 March 2004

Indian construction sector strike?

Three real estate developer associations have called for a nation-wide strike on March 15 this year, in protest against the recent hike in cement and steel prices; they have also demanded that the...
News - 15 March 2004

Cement and flyash products

Indian cement companies are trying to woo builders to use flyash-based products, which are considered to be more eco-friendly. The companies of the likes of Grasim, ACC, and L&T, are holding host ...
News - 12 March 2004

ACC sales growth

Associated Cement Companies Ltd (ACC) India’s second largest cement maker, expects revenue to grow 11 per cent in the current financial year, due to strong demand. "Our revenue growth would be in ...
News - 10 March 2004

Gujarat asks cement firms to cut prices

To keep the feel-good factor going, Gujarat government has asked cement manufacturers in the state to reduce price of the commodity by Rs10 a bag.  In other parts of the country also, manufacturers...
News - 10 March 2004

Cement projects planned

India: possible number of small cement projects mooted for Idia’s north east region, particularly in Manipur as the seventy per cent of the cement used in the region has been procured from other st...
News - 05 March 2004

Dalmia Cement to set new plant

Dalmia Cements Bharat is to set up a brownfield cement manufacturing unit at Dalmiapuram, Tamil Nadu, at an approximated cost of Rs365 crore (US$80m). This is part of the company’s expansion proje...
News - 04 March 2004

Towards the doldrums ?

Contrary to last week when all dry bulk markets were on their way up, rates have experienced a rather severe correction especially since the middle of the week. With a lack of activity in the Atla...
News - 02 March 2004

Larsen & Toubro says Feb shipments up

Larsen & Toubro Ltd, India’s No 2 cement maker, said on Monday total shipments of cement and clinker in February rose 6.6 per cent from a year earlier to 1.35Mt.  Cement shipments, including export...
News - 02 March 2004