FLSmidth to supply greenfield plant for Orient Cement
FLSmidth has received an order worth in excess of around US$35.7m from Orient Cement Ltd for the supply of main equipment for a greenfield cement plant to be located in the stat...
India
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India: HeidelbergCement gets shareholders nod to raise up to INR20bn
HeidelbergCement said its shareholders have accorded approval for raising funds up to INR20bn (US$340m) through borrowings. The shareholders had approved the proposal at its ann...
SC refuses to interfere with COMPAT order against Indian cement firms
The Supreme Court declined to interfere with the order of the competition tribunal directing 10 cement firms to deposit 10 per cent of the penalty of INR63bn (US$1.08bn) imposed...
Squeeze tightens on Indian cement
Muted volume growth and continuing cost pressures have put a further squeeze on the earnings of Indian cement companies with a disappointing 15 per cent YoY fall in EBITDA/t in ...
India Cements to restructure non-core assets
India Cements has said it will restructure its non-core assets, enabling the company to focus on core areas of its business and increase profitability.
UltraTech to take tribunal plea to Supreme Court on Monday
India’s Supreme Court will hear UltraTech Cement's plea challenging an order issued by the Competition Appellate’s Tribunal (COMPACT) on 17 May 2013 instructing the cement compa...
HeidelbergCement India increases prices
HeidelbergCement India Ltd (HCL) has increased cement prices by INR2-3 per 50kg bag, its chief executive officer and managing director, Ashish Guha told local media. Mr Guha sai...
FLSmidth wins new order from Orient Cement, India
FLSmidth has received an order from Indian cement manufacturer Orient Cement Ltd to supply the main equipment for a 6000tpd greenfield cement plant to be located in the state of...
Indian producers eye price increase
With Indian consumption showing some signs of improvement local producers are looking to raise prices ahead of the impending monsoon season.
Pakistan monthly dispatches fall on transportation issues
Pakistan saw a rise in total dispatches for the first 11 months of the current fiscal but May 2013 sales declined by one per cent largely due to transport issues.