India: Cargotec enters partnership with Citec
Cargotec and Citec are forming a partnership in India, where Cargotec transfers its local engineering centre and its 110 employees in Pune to Citec. "This is a significant step ...
India
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New ACC chief executive officer appointed
ACC Ltd, part of the Holcim group, said on Wednesday that it had appointed Harish Badami as the chief executive officer (CEO) and managing director (MD) of the company. In a sta...
UltraTech in talks to buy further Jaiprakash assets
UltraTech Cement is reportedly in talks to buy further cement assets from Jaiprakash Associates, two sources with knowledge of the matter have told local press. The talks are ce...
Shree plans 3Mta Odisha grinding plant, India
Shree Cement plans to establish a 3Mta cement grinding mill in Dhenkanal district, Odisha state. The Rajasthan-based company wants to use fly-ash generated from the nearby power...
HeidelbergCement India announces appointment of chief operating officer
HeidelbergCement India Ltd has informed Bombay Stock Exchange that Jamshed Naval Cooper, director (Sales & Marketing) of HeidelbergCement India Limited (HCIL) has taken over the...
India: Himachal Pradesh cabinet withdraws Jaiprakash MoU
The state cabinet of Himachal Pradesh (HP) has cancelled the Memorandum of Understanding for a 2Mta cement plant planned by Jaiprakash Associate Ltd's (JAL) for failure to launc...
Mangalam starts production at Rajasthan unit, India
Mangalam Cement, part of the BK Birla Group, has started commercial production at its new cement mill in Adityanagar Morak, District Kota, Rajasthan. The 1.25Mta mill has comple...
India Cements post fourth-quarter loss
India Cements has swung to a loss in the final quarter of the current fiscal compared to a profit last year on weak demand and overcapacity in southern markets.
India Cements to merge with subsidiary
India Cements is planning to merge with its subsidiary Trinetra Cement to consolidate its operations. N Srinivasan, vice chairman and managing director of India Cements, said th...
Orient inks project finance for greenfield plant
Khaitan & Co has advised Orient Cement on loan facilities worth US$200m from a syndicate of lenders led by State Bank of India.