Cement News tagged under: Ambuja Cement
Ambuja Cements wins safety awards27 September 2012, Published under Cement NewsAmbuja Cements has won two national awards for safety at its Rabriyawas plant in Rajasthan. The company bagged the first prize for its good performance in industrial safety and was runner-up in the category, ‘Accident Free Year.’ This is for the second consecutive year that the plant has won the National Safety Awards, according to The Hindu Business Line. The awards have been instituted by the Union Ministry of Labour and Employment in 1965. Ajay Kapur, CEO, Ambuja Cements, said safe... |
Credit Suisse maintains negative outlook for large Indian cement companies06 June 2012, Published under Cement NewsCredit Suisse maintains negative outlook for large-cap cement stocks, due to expensive valuations and low growth prospects, the Economic Times of India reports. Cement prices in May declined by 2-6 per cent across regions in India, which is an unseasonal trend, Credit Suisse said. ??Demand was also cited to be weak, which is however, contrary to the double digit volume growth posted by Ultratech Cement and Ambuja Cement in May. Any adverse ruling by monopoly regulator on cartelisation c... |
India: caught in a down-cycle06 December 2011, Published under Cement NewsThese are important times for the Indian cement sector as the country’s cement producers see cement sales dip and energy costs squeeze margins. New capacity projects are being delayed as the oversupply situation becomes more apparent and under the current circumstances the industry may have to wait longer than anticipated for a much needed upturn. An overview of key developments in the Indian cement sector ahead of the NCB’s 12th International Seminar on Cement and Building Materia... |