India

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Wonder Cement plans capacity expansion, India

Wonder Cement plans capacity expansion, India

Wonder Cement Ltd plans to increase capacity to 10Mta in the next five years from the present 3.25Mta. "We have 3.25Mta cement manufacturing capacity at our Bhatkotri village un...

Lafarge to buy out Baring stake in Indian unit

Lafarge to buy out Baring stake in Indian unit

As part of the implementation in India of its planned merger with Holcim - and subject to its completion - Lafarge has signed an agreement to acquire the 14 per cent stake held ...

Dalmia Cement increases exports to Sri Lanka

Dalmia Cement increases exports to Sri Lanka

Dalmia Cement is increasing its exports to Sri Lanka through channel partner Smart Dragon Lanka Pvt Ltd, the company said in a statement. Dalmia Cement (Bharat) Ltd currently su...

Zuari Cement plans to increase Indian presence

Zuari Cement plans to increase Indian presence

Zuari Cement, part of the Italcementi Group, is looking to increase its presence in India ahead of an anticipated increase in domestic consumption. The company has plans to add ...

Sagar Cement rail line on track for July opening

Sagar Cement rail line on track for July opening

India's Sagar Cement announced will commission its INR1200m (US$18.7m), 7km private railway line next month. This line will connect Sagar’s plant, near Matampally, in Nalgonda, ...

BMM seeks to raise US$33m from IFC

BMM seeks to raise US$33m from IFC

BMM Cements Ltd (BCL) is planning to raise US$33m (around INR2bn) from the International Finance Corporation (IFC) to fund its turnaround, Business Standard of India reports. Cu...