Cement News tagged under: Lanco Industries
Lanco Industries withdraw proposal for Andhra Pradesh plant, India07 May 2013, Published under Cement NewsLanco Industries has withdrawn its proposal to establish a 0.3Mta mini cement plant in Andhra Pradesh, India. The decision was made after the company reviewed the current market situation in the southeastern state. In a filing to the Bombay Stock Exchange, Lanco Industries stated: "Considering the present market scenario of cement in Andhra Pradesh, the proposal for setting up of mini cement plant of 3,00,000tpa, with rotary kiln, with an estimated capital outlay of INR125 crore, has been... |
India: Lanco Industries to set up mini cement plant16 November 2012, Published under Cement NewsLanco Industries Ltd's borad of directors have approved a project to erect a 300,000tpa mini cement plant with a rotary kiln at an estimated cost of US$22.7m (INR125Crore) in place of existing vertical shaft kiln. The decision was made at a company meeting held on 10 November 2012. The Lanco Industries Ltd stock was trading at INR27.25, up by INR0.70 or 2.64%. |
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