Dalmia Bharat starts commercial production at Lanka plant
India based Dalmia Bharat Ltd announced in a regulatory filing that Dalmia Cement (North East) Ltd has commenced commercial production at its newly expanded 2.4Mta grinding unit...
Capex
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Dalmia lays out US$120m capex plans
Dalmia Bharat is set to invest around INR10bn (US$120m) in capital expenditure in the quarter ending March 2025, bringing its total spend for the current fiscal year to INR30bn ...
Votorantim Cimentos reports net revenue of BRL7bn in the 2Q24
Votorantim Cimentos ended the 2Q24 with a higher net revenue from increased volumes, supported by geographic and product diversification. The company recorded global net revenue...
India Cements announces capex plans
India Cements plans to spend around INR7000m (US$84m) on capex over the next two years, primarily to improve operational efficiency, according to BusinessLine Online. Among its ...
Holcim to invest US$55m in Tabasco mill
Holcim Mexico plans to invest US$55m in the construction of a new grinding mill at its plant in Macuspana , Tabasco, Mexico. The new mill will increase cement capacity at the fa...
Birla Corp announces expansions in FY25-26
Birla Corp , the flagship company of MP Birla Group , is planning to increase cement production to 25Mta by the end of financial year 2025-26. The existing capacity of Birla Cor...
Fitch downgrades West China Cement
Fitch Ratings has downgraded West China Cement Ltd ’s (WCC) long-term issuer default rating (IDR) and its senior unsecured debt rating from BB to BB- due to the cement producer'...
Adani Cements will not require external loans for capex expansion
Adani Cements is looking to rely on operating cash flows and internal accruals to fund its INR460,000m (US$5.5bn) expansion capex over the next five years, without the need for ...
Adani Group investment to soar
The Adani Group will invest over INR600,000m (US$7.4m) in a number of sectors in Madhya Predesh that would create thousands of jobs. This would reshape the economy of several di...
Lucky Cement becomes the largest cement producer in Pakistan
Lucky Cement Ltd informed Pakistan Stock Exchange (PSX) on 22 December that construction and installation work concerning the brownfield expansion of the additional line of 3.15...