UltraTech Cement
UltraTech Cement has reported a seven per cent increase in domestic cement sales in the quarter ending 31 December 2015. Cement sales for the period stood at 11.26Mt, which, des...
India
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Sagar reportedly in talks to buy Jaypee's Andhra Cements
Sagar Cements is in advanced talks to acquire Andhra Cements from the Jaypee Group, the Economic Times (ET) of India has learnt from two sources. JSW Cement is another potential...
KKR to swap stake in Dalmia Cement with listed parent
Private equity firm KKR is swapping its stake in Dalmia Cement for a piece of its public listed parent, according to a stock market disclosure on Friday. "Dalmia Bharat Ltd (DBL...
14th NCB International Seminar
The 14th NCB International Seminar on Cement and Building Materials in New Delhi, India, held on 1-4 December 2015, saw a gathering of more than 1000 delegates and plenty of avi...
First vessel arrives at Zuari terminal, India
The first vessel carrying a consignment of 7,612t of cement arrived at Zuari Cement’s new bagging terminal at Cochin Port, Kerala, on Tuesday. Cochin Port Trust Chairman Paul An...
Kenya: UltraTech in the race to buy stake in ARM?
UltraTech Cement is said to be eyeing a controlling stake in ARM Cement of Kenya, a Nairobi-based newspaper reported. According to the report, the Indian cement producer UltraTe...
India: government to relax mining lease transfer rules
The government of India plans to enact a law that will allow companies that received mining licences without having gone through the auction process to transfer these leases, lo...
Emami places order for third Gebr Pfeiffer cement mill
Emami Cement Ltd has placed an order for a Gebr Pfeiffer grinding plant which will be installed in Odisha state, India. The contract includes an MVR 6000 C-6 with an installed d...
India: consolidation and market growth on the rise?
Corporate consolidation in the Indian cement industry has been hitting the headlines recently, with local press reporting on potential deals in the pipeline. Meanwhile, with con...
Lafarge may need to divest of more Indian assets due to mining regulations
Lafarge India has submitted a revised proposal to the Competition Commission of India (CCI) to sell its entire 11Mta of assets in India, Business Standard reports, citing an inv...