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ACC Apr-Feb cement production up

India: Associated Cement Companies cumulative cement production for the months April, 2003-February 2004 was at 13.877Mt, against 12.520Mt in the corresponding period last year, an increase of 10....
News - 02 March 2004

IFCD buys cement from black market

Sidetracking the practice of procuring its required quantity of cement from the Cement Corporation of India, the state irrigation and flood control department, IFCD has purchased 5000 cement bags f...
News - 01 March 2004

Indian cement demand to grow 7-8 per cent in medium-term

The Indian cement industry, which has been witnessing a surplus position for a long time, is likely to see a decline in the extent of the surplus in the immediate to medium-term. This will be more...
News - 23 February 2004

April-Jan Cement Demand In South India

Large-scale spending by the Karnataka government on various projects has ensured that cement consumption in south India did not decline but grew at a reasonable rate during the period April-Januar...
News - 20 February 2004

High coal prices hurting

The high landed cost of coal into India is hurting the cement companies dearly. From US$35 per tonne early last year, the cost of imported coal has jumped to US$55 per tonne on account of increase ...
News - 20 February 2004

Indian cement growth

India’s cement output rose 6.69 per cent to 10.2Mt in the month of January this year, compared with an output of 9.56Mt in the corresponding period of the previous year, according to the latest re...
News - 19 February 2004

Italcementi’s Ciments Francais says ’moment to invest’ in China is approaching.

Italcementi SpA unit Ciments Francais said it is stilltargeting emerging markets, with particular attention being paid to China where the company may soon start investing. Speaking at a press c...
News - 18 February 2004

Cement-makers want Indian firm

The BK Birla group is close to finalising a deal to sell its 1.5Mt cement company in India, Mangalam Cement Ltd. The group is at an advanced stage of negotiations with four buyers ­ Lafarge an...
News - 17 February 2004

ACC To Raise $100m For Expansion

ACC, India’s second largest cement maker, is likely to raise US$100m to fund a modernisation and expansion plan, reports the Financial Express. The report, which quoted an unnamed company exec...
News - 17 February 2004

Thai firm looks at Mangalam cement plant in India

Ailing Indian firm Mangalam Cement Ltd says a Bangkok-based merchant bank has visited its plant last week, boosting its shares by 10 per cent on talk of a looming buyout in a sector ripe for conso...
News - 16 February 2004