India prepares for the upturn Premium
After a strong first quarter, India’s cement demand experienced a setback in April and May. However, monsoon preparations helped the market recover in the following month and th...
Ambuja Cement
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India: reason for optimism? Premium
The first quarter of 2016 provided some basis for optimism for India’s cement producers as the sector reported double-digit expansion. However, in the months ahead, the monsoon ...
LafargeHolcim India head joins Executive Committee
LafargeHolcim made the decision to induct Head of LafargeHolcim India, Martin Kreigner, into the Executive Committee of the group, giving him additional responsibilities in sout...
LafargeHolcim
LafargeHolcim has agreed to sell Lafarge India to the Indian conglomerate Nirma Ltd for around US$1400m. It will be Nirma’s first investment in the cement sector and comes in sp...
LafargeHolcim
LafargeHolcim aims to sell its operations in Sri Lanka, which consists of one integrated works, a grinding centre and a bagging plant. Its cement production in 2015 amounted to ...
India: Ambuja Cement to expand Rupnagar grinding plant
Ambuja Cement has announced that it plans to upgrade the capacity of its grinding plant in Rupnagar in Punjab by 0.9Mta, taking its output to 3.4Mta.
Ambuja Cement adds 0.9Mta to Sankrail grinding unit
India’s Ambuja Cement has added 0.9Mta of capacity to its Sankrail grinding unit near Kolkata. The INR3.38bn (US$50.2m) project was commissioned on 24 May 2016. As a result of t...
Ambuja Cements reports 4.4% profit fall
India’s Ambuja Cements has reported a 4.4 per cent fall in net profit, which reached INR3.038bn (US$45.6m) in 1Q16. In the first quarter of 2015, net profit reached INR3.177bn. ...
Ambuja Cement prepares for 6-7% growth in 5 years
India’s second-largest cement producer, Ambuja Cement, expects cement demand to grow by 6-7 per cent in the next five years as the Indian government ramps up infrastructure inve...
Ambuja cement is banned in Jammu and Kashmir
The sale of Ambuja cement has been banned in Jammu and Kashmir by the government after an investigation discovered the sale of underweight bags and irrational prices, said a sta...