Change in LafargeHolcim leadership in India
LafargeHolcim announced yesterday that Martin Kriegner, currently Area Manager Central Europe, will be appointed Head of India, effective 1 March 2016. He will report to Eric Ol...
India
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JK Cement resumes production at Karnataka unit, India
JK Cement has resumed production at its 3Mta facility in Baglakot, Karnataka, after operations were temporarily halted when the roof of a clinker silo caved in. "Production of c...
LafargeHolcim receives revised divestment order from India
LafargeHolcim has received a revised order from the Competition Commission of India (CCI) to divest its interest in Lafarge India, including three cement plants and two grinding...
LafargeHolcim considering revised divestment plan in India
LafargeHolcim confirmed today that it is considering a divestment of its interest in Lafarge India with a cement capacity of around 11Mta. The divestment would require the appro...
India: Shree Cements reports 10% rise in quarterly net profit
Shree Cements reported a 10 per cent rise in standalone net profit at INR10.286bn (US$0.151m) for the quarter ended 31 December 2015 compared to a profit of INR9.368bn a year ea...
Uptick in Indian demand expected from next fiscal
Cement demand in India is likely to see an uptick in the next financial year starting 1 April on expected pick-up in construction and housing activity as well as improvement in ...
India: Birla Corp reportedly front-runner for Reliance assets
Birla Corp Ltd is set to buy the cement assets of Reliance Infrastructure Ltd with the deal set to be sealed within the next few days, according to local media reports. “It will...
JK Cement halts production from Bagalkot unit, India
JK Cement Works, in Bagalkot in Karnataka, has stopped production due to the damage caused by the roof of the clinker silo suddenly caving in, the company told the exchanges yes...
Efforts to revive CCI unit underway, India
The state government of Hyderabad on Monday appointed a consultancy firm to prepare a draft DPR (Detailed Project Report) in an effort to revive the Cement Corporation of India'...
Jaiprakash reportedly receives four bids for cement business
Jaypee group-promoted Jaiprakash Associates has received four bids for the 20Mta of cement capacity that it has put up for sale to reduce its debt burden. A report in the Busine...