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Morgan Stanley invests in ACCMorgan Stanley has bought a stake in Indian cement producer ACC Ltd. According to Mint, Morgan Stanley Asia (Singapore) has purchased 941,557 ACC shares at INR2290 each, marking an investment of...News - 05 September 2022 |
Adani Enterprises replaces Shree Cement in Nifty50 on NSEAdani Enterprises is to be included in the headline index Nifty50 on the National Stock Exchange of India (NSE) from 30 September 2022, replacing Shree Cement . According to The Economic Tim...News - 02 September 2022 |
UltraTech commissions 1.3Mta Dalla expansionUltraTech Cement Ltd announced the commissioning of the 1.3Mta expansion to its Dalla Cement Works in Uttar Pradesh, India. As a result, the plant’s cement capacity is now 1.8Mta and the company...News - 31 August 2022 |
Grasim Industries announces US$392m capexIndia’s Grasim Industries, part of the Aditya Birla Group , is planning capex of INR31,170m (US$391.9m) in its existing lines of business this fiscal year, primarily for the creation of new capac...News - 30 August 2022 |
Freight rates stagnant, but minor upturn expectedBy Maria Vasyutenko, associate of Brannvoll ApS The USG Supramax/Ultramax spot freight market started the month in a positive mode, showing recovery with rates firming up amid a shortened list ...News - 29 August 2022 |
RCC Cements Ltd appoints company secretary and compliance officerIndia’s RCC Cements Ltd has appointed Shimpy Goyal as company secretary and compliance officer, effective from 25 August 2022. Ms Goyal succeeds Ms Bhawna Arora who resigned from the position on ...News - 29 August 2022 |
Increasing scope 3 emission reduction investmentsThis week, Hanson UK reported on its investment in electric vehicles (EV). The need for more clean energy transport in the cement sector is expected to rise substantially as companies look to meet...News - 26 August 2022 |
Adani orders Gebr Pfeiffer mill and classifierAdani , Gujarat, will supply the market in western India with high-quality cement from a Pfeiffer MVR mill through its subsidiary Adani Cement Industries Ltd. A grinding plant for 165tph of fly a...News - 25 August 2022 |
WCA focus on MENA region decarbonisationThe World Cement Association (WCA) has held its first CEO-exclusive, pre-conference webinar, in which participants concluded that cement producers in the Middle East and North Africa (MENA) can ha...News - 23 August 2022 |
Gujarat Sidhee Cement reports revenue fallGujarat Sidhee Cement Ltd (GSCL) has recorded total income of INR1.89bn (US$23.69m) in the quarter ended 30 June 2022, compared to INR2.04bn in the quarter ended 31 March 2022. Net profit over t...News - 22 August 2022 |