India

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Ten bidders chase LafargeHolcim Indian assets

Ten bidders chase LafargeHolcim Indian assets

The sale of LafargeHolcim's Indian operations has attracted considerable interest, with the company having received bids from 10 groups interested in buying the assets. Accordin...

India: Cement stocks rise as demand recovers

India: Cement stocks rise as demand recovers

Indian cement manufacturers are set to continue the strong performance which has seen their stocks outperform the BSE Sensex by a factor of ten over the past month. In this peri...

India: ACC Ltd to raise capacity to over 33Mta

India: ACC Ltd to raise capacity to over 33Mta

ACC Ltd will spend about INR6000 (US$89.9m) in 2016-17 to complete its cement capacity expansion plans. ACC is building two cement units at Jamul and Sindri with a combined capa...

Chinese to build  plant in Chhattisgarh

Chinese to build plant in Chhattisgarh

Jinyuan Cement Co Ltd, a subsidiary of Hong Kong Jinyuan International Development Ltd, is proposing a new cement plant in Chhattisgarh, India.

The BRICs come under pressure

The BRICs come under pressure

While the cement world has been concentrating on the slowdown in China and the large-scale mergers in India's cement sector, there has been little notice to the plight of other ...