Cement News tagged under: CMA

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CMA receives award for reducing single-use plastic campaign

21 November 2019, Published under Cement News

The Cement Manufacturers Association (CMA) atteneded at an event organised by the Department of Drinking Water and Sanitation, Government of India, on 19 November 2019, in New Delhi where an award was presented to Mahendra Singhi, President, CMA and Aparna Dutt Sharma, Secretary General, CMA, by the Ministry of Jal Shakti. In his Independence Day speech on 15 August 2019, the Prime Minister spoke of the need to reduce single use plastic in the country. Subsequently, the Ministry of Jal Sh...

CMA commits to waste management

01 October 2019, Published under Cement News

India's Cement Manufacturers Association (CMA) has expressed its commitment towards disposal of wastes and plastics and use of alternative fuels and raw materials. Addressing the 'CONSERVE 2019' conference on alternative fuel and raw materials in the cement industry, CMA President, Mahendra Singhi, said: "The Indian cement industry has been able to use almost 75Mt of waste as a replacement of raw materials and fuels." Industry veterans present at the conference said that the cement manufac...

CMA hold meeting with Singareni Collieries Co Ltd

15 August 2019, Published under Cement News

India's Cement Manufacturers Association (CMA) has held a constructive interaction with Singareni Collieries Co Ltd (SCCL). The meeting organised by the CMA with the senior officials of SCCL in Hyderabad saw a commitment on both sides to work towards improving offtake of coal by the cement industry. CMA felt extremely reassured by the positive response received from Dr J Allwyn, executive director (Coal Movement), SCCL and N V Rajasekhar Rao, deputy general manager (Marketing), SCCL. The s...

CMA agrees wage pact with unions

30 January 2019, Published under Cement News

Members of the Cement Manufacturers' Association (CMA) of India and the federation of major trade unions have signed a Memorandum of Understanding (MoU) for a wage pact that could raise gross pay, dearness allowance and service weightage. Some 21 cement companies in India accounting for 60 per cent of the cement capacity authorised the CMA to negotiate with the trade unions on their behalf. The current MoU from 1 April 2018 -31 March 2022 allows INR5000/month (US$70.22) gross pay of cement ...

Indian cement industry commits to a low-carbon future

14 January 2019, Published under Cement News

A summit for the Indian cement industry, “Concreatech 2018 – Sustain to Gain”, was held at the ITC Maurya, New Delhi, on 29 November 2018. Organised by the Cement Manufacturers’ Association (CMA), industry leaders and over 400 delegates met to discuss the cement sector’s role in national development and commitment to low-carbon industrial development. Shri Hardeep Singh Puri, Minister of State of Housing and Urban Affairs, delivers the conference’s keynote address The Indian cem...

Breedon to find remedies with CMA to conclude Tarmac quarry deals

26 April 2018, Published under Cement News

Breedon Group Plc's proposed phase 1 acquisition of certain assets from Tarmac, in exchange for a number of ready-mixed concrete plants and a cash payment, as announced on 13 December 2017 has been reviewed by the Competition and Markets Authority (CMA). The CMA has cleared Breedon's acquisition of four quarries from Tarmac but has concluded that there is a realistic prospect of a substantial lessening of competition in three local areas in England and Wales in relation to the supply of r...

CMA launches Breedon and Tarmac asset swap enquiry

01 March 2018, Published under Cement News

The Competition & Markets Authority (CMA) has launched Phase 1 of a merger inquiry into the anticipated acquisition by Tarmac of certain assets of Breedon Group. The initial period of the CMA’s merger inquiry began on 28 February, with the deadline for a decision on whether to refer the merger for a Phase 2 investigation currently scheduled for 26 April 2018. In a statement issued on 1 February, the CMA explained that it was "considering whether it is or may be the case that this transact...

India: CMA seeks fairer taxes for cement

10 July 2014, Published under Cement News

The Indian Cement Manufacturers Association (CMA) has requested in its pre-budget memorandum 2014-15 that cement be stipulated as 'Declared Goods', so that it is put on an equal footing with other core sector goods like coal and steel in terms of taxation. At present, while the cement industry in India is one of the country's basic and core infrastructure industries, cement is subject to higher rates of taxation. The CMA intends to rationalise and reduce the excise duty on cement from its...

EAPCC in spat with CMA over Lafarge appointment

31 December 2013, Published under Cement News

East African Portland Cement Company (EAPCC) has gone to court, seeking to lift the suspension of its annual general meeting resolutions by the Capital Markets Authority (CMA), according to a report in Kenya’s Business Daily. The company argues that the CMA lacks the mandate to suspend the resolutions since AGMs are overseen by the Registrar of Companies. CMA suspended the resolutions by shareholders two weeks ago following a protest from the government, which is the majority shareholder. ...