UltraTech quarterly revenue rises 15% YoY
India's largest cement producer, UltraTech Cement, reported a 15 per cent YoY increase in net sales for the quarter ended 31 December 2014 to INR54.9bn.
India
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India: production begins at JK Lakshmi's Durg plant
JK Lakshmi Cement has started production of its 2.7Mta cement works in Durg, Chattisgarh state, central India. The greenfield works, which will manufacture various types of ceme...
Lafarge to buy back Baring stake in Indian unit
Lafarge India is reportedly buying back the 14.03 per cent stake it sold to global private equity investor Baring Private Equity Asia in 2013. Through its wholly-owned subsidiar...
Sanghi Industries invests in energy, port development
Sanghi Industries is to invest in a 15MW waste heat recovery (WHR) system at its cement plant in Kutch, Gujarat, as part of the company’s drive to enhance efficiency and reduce ...
CCI decision on Lafarge and Holcim merger due ‘within a month’
The Competition Commission of India (CCI) will soon decide on the proposed merger between Lafarge and Holcim, the Economic Times (India) cited CCI chairman, Ashok Chawla, as say...
India: JSW Group eyes capacity expansion
The JSW Group plans to expand its cement production capacity to 30Mta over the next decade from the current 5Mta as it seeks to become a bigger player on the Indian cement marke...
India: UltraTech outlines upcoming greenfield expansion
Following its planned takeover of two cement plants owned by the Jaypee group, UltraTech has outlined its next phase of greenfield expansion. India’s largest cement producer is ...
Stronger markets in 2015?
What does 2015 have in store for the cement sector? After three relatively poor years in terms of global construction expansion, Morgan Stanley (UK) predicts a tentative recover...
Dalmia Bharat Group recognised for CSR achievements
Dalmia Bharat Group has been awarded the CII-ITC Sustainability Award 2014 for 'Significant Achievement in Corporate Social Responsibility (CSR)’, beating 20 other companies to ...
JSW sets its sights on southern expansion
JSW Cement has set its sights on expanding production capacity with several grinding projects under study in the south of India.