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Dalmia Cement (Bharat) Ltd will expand Belagavi cement plant

Dalmia Cement (Bharat) Ltd  is expanding its existing manufacturing plant at  Belagavi  in north Karnataka by investing INR3000m (US$38.3m). The company expects the investment to create up to 700...
News - 12 May 2022

JSW Group to submit bid for Holcim India

JSW Group has revealed plans to submit a US$7bn bid for a controlling stake in Holcim’s India assets. Holcim currently holds a 63.1 per cent share in Ambuja Cements and a 4.48 per cent share...
News - 11 May 2022

Dalmia Bharat Ltd records rising sales volumes of 22.2Mt in FY22

Dalmia Bharat Ltd reported its FY22, for the period ending 31 March 2022, with sales volumes reaching 22.2Mt compared to 20.7Mt in FY21. The company’s EBITDA totalled INR112,860m (US$1461m) in t...
News - 11 May 2022

India champions blended cements

India's production of ordinary Portland cement (OPC) continues to fall as the manufacture of blended cements, such as Portland pozzolana cement (PPC), Portland slag cement (PSC) and composite ceme...
News - 06 May 2022

Vicat sees 12% rise in consolidated sales in the 1Q22

Vicat has posted a 12.4 per cent uptick at constant scope and exchange rates in 1Q22 consolidated sales to EUR789m when compared with the equivalent year-ago period. The reported YoY change was ...
News - 05 May 2022

Tamilnadu Cements to build new grinding unit

Tamilnadu Cements has revealed plans to build a new grinding plant at Alangulam, in Tenkasi district, Tamil Nadu, India. The new unit, which will cost US$5.23m, will serve the nearby Arasu ce...
News - 04 May 2022

Dalmia Bharat joins the Holcim India race

Dalmia Bharat Ltd is reportedly planning to bid for Holcim’s India businesses. According to sources close to Dalmia, the company is in talks with banks to secure financing for the bid which woul...
News - 03 May 2022

JK Lakshmi partners with TARA for carbon neutrality

JK Lakshmi Cement i s to tie up with the Society for Technology and Action for Rural Advancement (TARA), India, with the signing of a long-term memorandum of understanding (MoU) to introduce the ...
News - 03 May 2022

UltraTechCement Ltd reports consolidated sales of INR155bn in 4QFY21-22

UltraTech Cement Ltd has announced its financial results for the 4QFY21-22 and year ended 31   March 2022. The company reported consolidated net sales of INR155,570m (US$2035m) in the 4QF...
News - 02 May 2022

JSW Group joins the race for Holcim in India

The race for the acquisition of a controlling stake in Holcim Group’s cement businesses in India is intensifying, with JSW Group lining up an array of private equity firms and lenders to fund the ...
News - 02 May 2022