India: Mangalam Cement production increase
Following a trial run at the plant in August 2016, Mangalam Cement’s new 0.75Mta grinding unit in Aligarh, Uttar Pradesh, has commenced operations. The expansion project that in...
India
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India: Nirma raises US$598m to finance Lafarge acquisition
Nirma Group, which in July won the race to buy Lafarge India for a reported US$1.4bn, has raised INR40bn (US$598m) from a bond sale to finance the purchase, the Economic Times r...
India: Ramco increases sales by 15% in 1Q16-17
Ramco Cements Ltd has stated that it sold 2.076Mt of cement in domestic and export markets during the first quarter ending on 30 June 2016 compared to 1.813Mt in corresponding q...
India: cement industry demand raises coal imports
The demand for coal with a high calorific value, primarily from the cement sector, combined with the doubling of clean environment cess has resulted in a shift in coal imports i...
India: Shree Cement orders three kiln lines from KHD
Shree Cement has awarded KHD three more kiln lines to install, each with a capacity of 6000tpd, the first being a second line at Shree’s Raipur plant. This new line will be buil...
India: Sagar Cements sales down 13.7% for 1HFY16-17
Sagar Cements has released its sales and production figures for the period to August 2016, reports Accord Fintech.
India: Malabar Cement MD arrested over concessions to dealers
Malabar Cement managing director K Padmakumar has been arrested in a corruption case.
India: Assam cement companies bring down prices
Following an initial reluctance, cement companies in Assam, India, have started to lower cement prices, according to reports in The Telegraph.
Competition Commission of India imposes US$944m fine for cartelisation
The Competition Commission of India (CCI) has levied a fine of INR63.2bn (US$944m) on 10 cement companies whom it accuses of conspiring to fix prices in contravention of competi...
India: My Home Industries set for 10Mta capcity
With its 1.5Mta Tuticorin plant, Tamil Nadu, expected to be commissioned in January 2017, My Home Industries is set to see its production capacity increase to 10Mta.