Jaiprakash Associates to sell stake in Bhilai Jaypee cement
Jaiprakash Associates has decided to sell its entire 74 per cent stake in Bhilai Jaypee Cement to Orient Cement for INR14,500m (US$226.6m), while raising another up to INR20,000...
India
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Monthly advance in Pakistan export revenues
Pakistan's cement export revenue during July 2017 increased by 25.02 per cent compared to the previous month but declined by 0.94 per cent on YoY basis, according to data releas...
Proposed ban of petcoke import not to apply to cement industry
India’s Environmental Pollution Control Authority (EPCA) is determined to get a ban on petcoke import, although the ban would not apply to the cement industry, according to Suni...
Prism Cement appoints Manish Bhatia as CFO
India-based Prism Cement has appointed Manish Bhatia as chief financial officer following the resignation of Pramod Akhramka. Mr Bhatia has more than 20 years of experience in t...
Petron receives new order from Ramco
Petron Engineering Construction Ltd has received work order for civil and mechanical works from India-based Ramco Cements Ltd for its Line-II grinding unit project at Kolghat in...
Birla Corp to seek board approval for Mukutban plant
Birla Corp is due to put its proposal plans for a greenfield plant at Mukutban near Yavatmal district, India, before its board of directors for approval.
Ramco Cements to increase grinding capacity
India-based Ramco Cements has embarked on an investment project to increase its grinding capacity in West Bengal and set up a new facility in Odisha.
Chettinad Cement receives clearance for Odisha grinding plant
Chettinad Cement Corp has received approval from the Odisha’s State Level Single Window Clearance Authority (SLSWCA) to establish a grinding plant. The project will have a capac...
Birla Corp considers Maharashtra plant investment
Birla Corp is planning a 4Mta cement plant in Mukutban, in the state of Maharashtra, Chairman Harsh V Lodha told reporters on the sidelines of company’s Annual General Meeting.
India Cement’s net profit slips as demonetisation and GST hit
The latent effect of India’s demonetisation, a halt in cement sales ahead of the newly-introduced Goods and Services Tax (GST) roll-out and a severe shortage of river sand in Ta...