India: Dalmia Bharat Group to expand Odisha plant
Dalmia Bharat Group has announced an investment of INR20bn (US$2.9m) to expand the capacity of its cement plant in Odisha. Group company Dalmia Cement Bharat Ltd has 74.6 stakes...
India
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India: Lafarge Surma mine to expand production
Bangladeshi cement manufacturer Lafarge Surma Cement (LafargeHolcim Group) has received environmental clearance from the Indian government for its mining company to more than do...
India Cements receives stay on CCI fine
India Cements received a stay order following its appeal of the decision made by the Competition Commission of India (CCI) to impose a INR1.87m fine on it for unfair pricing pra...
India: marking time Premium
While the monsoon has been kind to India this summer and is likely to help a recovery in cement demand next year, India’s cement producers are still marking time as they wait fo...
Pakistan: exports to Afghanistan decline
Cement exports to Afghanistan declined 23.4 per cent YoY in October 2016, falling from 0.252Mt to 0.193Mt. Meanwhile, exports to India registered a 27 per cent YoY growth from 0...
India: Jaypee Cement requests coal re-allocation
Jaypee Cement has requested that the central government allocate the two captive coal blocks won in auction to other firms in need of fuel. Jaypee Cement wished to surrender the...
India: 32 manufacturers to sell at INR230/bag
Telangana State Housing Corp has signed a MoU with 32 cement manufacturers this week. As per the MoU, the companies will supply cement at a price of INR230/bag (US$3.35/bag) for...
Birla 2Q16 net profit more than doubles
Birla Corporation have reported a net profit of INR584m (US$8.49m) for the quarter ended 30 September 2016 compared to INR232m for the same period last year.
India: COMPAT stays UltraTech’s CCI penalty
The Competition Appellate Tribunal (COMPAT) has granted a stay on an order passed by the Competition Commmission of India (CCI) against UltraTech Cement on deposit of 10 per cen...
India Cements profit up 62%
For the quarter ended 30 September 2016, India Cements Ltd (ICL) reported a 62 per cent increase in standalone net profit to INR624m (US$9.17m) compared to 38.5 in the same peri...