Chettinad purchases shares in Anjani Portland
Chettinad Cement Corporation Ltd has purchased approximately 20.58% of shares of Anjani Portland Cement Ltd from shareholders. Chettinad Cement has reportedly acquired 3784.014 ...
India
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Change in the senior management of Holcim
Onne van der Weijde, area manager for India until April 25, 2014, and member of Holcim senior management, leaves Holcim effective 1 June 2014, the company said in a statement. M...
India: cement firms need solutions to gypsum shortage
According to a research report jointly published on 30 April by lobby group Confederation of Indian Industry and consulting firm AT Kerney, India has a scarcity of gypsum resour...
Indian expansion for FLSmidth MAAG Gear
The first assemble and service unit of FLSmidth MAAG Gear in India was inaugurated on 28 April at the Bawal Growth Centre manufacturing unit, Rewari district, Haryana at the Del...
UltraTech Cement could buy Holcim-Lafarge assets
UltraTech Cement Ltd, India’s biggest cement maker, is considering buying the local assets of Holcim Ltd and Lafarge SA, according to a person with direct knowledge of the matter.
Pakistan export volumes and revenues fall
Pakistan export volumes have seen a decline in the first nine months of the current fiscal both in terms of volumes and dollar value. However, latest monthly figures show a sign...
JK Lakshmi explores further avenues of growth
JK Lakshmi Cement, part of the HS Singhania Group, is looking to lift capacity to around 20Mta over the next five years after its latest round of expansion is complete. By end-M...
Orient Cement net profit falls 27%, India
Orient Cement Ltd on Wednesday announced it has reported a decline of 27.06 per cent in its net profits for the fourth quarter ended March 2014. “The net profit of the company s...
Shree first quarter net profit down 19% YoY, India
India-based producer Shree Cement reported a 19 per cent dip in net profit for the January-March quarter despite higher sales. The company, which has over 13Mta of capacity, rep...
Vicat improves cement shipments by more than 12%
Vicat's first quarter turnover increased by 9.2 per cent to €536m, which represents an underlying improvement of 14 per cent.