India: infrastructure boost to reduce supply-demand gap
A significant increase in infrastructure investment under India’s new government is expected to raise cement demand and reduce the current oversupply in the country’s cement mar...
India
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UltraTech Cement given go-ahead for two new plants
UltraTech Cement Ltd’s (Aditya Birla Group) proposal to set up two greenfield cement plants with an installed capacity of 9.5Mta has been cleared by Andhra Pradesh government.
Pakistan: Lucky plans 660MW power project
Directors of Lucky Cement have asked shareholders permission to set up of a 660MW coal-based power project in Karachi through the Lucky Holdings Limited (LHL) subsidiary, accord...
JSW Cement to solely make Portland Slag cement
JSW Cement Ltd intends to manufacture only Portland slag cement (PSC) in India. The company has a cement production capacity of 6Mta. JSW has fixed the price of PSC between INR2...
Pakistan sees strong increase in August export growth
Pakistan recorded an acceleration in exports during August 2014 against the previous month and were also higher on an annual comparative basis.
JSW to make switch to Portland Slag Cement, India
JSW Cement Ltd will be completely switching over to the production of Portland Slag Cement (PSC), its CEO, Anil Kumar Pillai, has revealed. Speaking to local reporters, Pillai s...
Sagar gets Board nod for BMM acquisition
The board of Sagar Cements has given approval in-principle for the acquisition of a 100 per cent equity stake in BMM Cements Ltd as the company seeks to expand its presence in s...
India Cements to demerge Super Kings division
India Cements said Tuesday it would demerge the Chennai Super Kings (CSK) division into a wholly-owned subsidiary. "Our company presently owns Chennai Super Kings (CSK) - BCCI-I...
JSW seeks to expand southern Indian presence
JSW Cement, a subsidiary of the JSW Group, is mulling the construction of a 4.3Mta cement plant in the Gulbarga district of Karnataka, reports Business Line (India). The project...
Senior appointments at Star Ferro and Cement Ltd
Star Ferro and Cement Ltd has appointed Sanjay Kumar Gupta as chief executive officer, effective 20 September 2014. Dilip Kumar Agarwal has been appointed chief financial office...