Cement News tagged under: capacity utilisation

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India: hopes of Budget boost

19 May 2015, Published under Cement News

After registering a robust advance of 10 per cent during the April-September 2014 quarter, Indian cement demand is expected to have slowed to just five per cent over the final six months of FY15. With full-year demand likely to have fallen short of expectations, a sustained high growth trajectory is now forecast in FY16. On the corporate front, M&A activity is hitting the headlines as Lafarge and Holcim receive country clearance for their proposed merger, while UltraTech Cement increases cap...

HeidelbergCement

06 January 2015, Published under Cement News

HeidelbergCement’s subsidiary Ghacem in Ghana is seeing its cement production fall significantly because of interruptions to the electricity supply, as the country’s monopoly supplier introduces 48h power cuts for industrial users every six days. HeidelbergCement has agreed the sale of most of its building products business in North America and in Great Britain to the US institutional investor Lone Star Funds for US$1400m, subject to regulatory approval. The deal covers 107 manufacturing ...