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Ramco Cements Ltd completes WHRS at Jayanthipuram plant

The Ramco Cements Ltd has invested in the waste heat recovery system (WHRS) for power generation in all the three lines of its Jayanthipuram cement plant. The last leg of the preheater was com...
News - 27 April 2022

Transatlantic rates drop after market volatility

By Maria Vasyutenko, associate of Brannvoll ApS The USG Supramax/Ultramax spot freight segment experienced a volatile month. At the beginning of the month, transatlantic routes were paying bett...
News - 27 April 2022

Aditya Birla Group will consider buying Holcim's Indian assets

Kumar Mangalam Birla, chairperson of Aditya Birla, is reportedly looking at ways to make a bid for ACC Ltd and Ambuja Cements that Holcim intends to divest, according to The Economic Times. Ult...
News - 26 April 2022

Oil falls after considerable release of reserves, coal rallies after EU sanctions and propels petcoke to new highs

By Frank O. Brannvoll, Brannvoll ApS, Denmark The markets were still firmly driven by any news from Russia’s war on Ukraine: peace talks will lead to a falling market while new sanctions inc...
News - 25 April 2022

The cement sector can't sit back on reducing CO2 emissions

This week Credit Suisse published a revealing study entitled 'Global Infrastructure and Construction', which looks into the current state of the global cement industry's efforts to reduce carbon e...
News - 22 April 2022

JSW Group in discussions to raise funds to bid for Holcim's Indian operations

Sajjan Jindal-led JSW Group has initiated discussions with private equity (PE) firm Carlyle to join forces and back its bid for Holcim ’s Indian cement operations, said people aware of the mat...
News - 22 April 2022

Pakistan cement dispatches and exports slow in 9MFY22

Pakistan’s cement dispatches have slowed amid rising construction costs, a lower development budget and higher freight costs with 9MFY22 dispatches down six per cent, says Topline Securities.     ...
News - 21 April 2022

Cement prices in India face further rise

Following the price rise of imported coal, petcoke and crude oil due to the Russia-Ukraine war, cement prices in India are expected to increase by 6-13 per cent. In the last six months, coal and...
News - 21 April 2022

Tamil Nadu Cement orders 10MW solar power plant

Tamil Nadu Cement Corp Ltd   will be setting up a 10MW solar power plant at an outlay of INR650m (US$8.52m) for captive use, said Minister for Industries, Thangam Thennarasu. As per the Polic...
News - 21 April 2022

Kanodia Cement completes Amethi grinding plant expansion

Kanodia Cement has set up a new cement grinding unit at its Amethi plant, India. The grinding expansion is already completed and production began in April 2022. All four of the company’s cement ...
News - 20 April 2022