Lafarge raises EUR200m to accelerate its development in India
Lafarge SA signed an agreement to raise €200m through capital increase subscribed by Baring Private Equity Asia, and representing a 14 per cent minority stake in its Indian subs...
India
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Sanghi Industries' 3Q benefits from extended sales reach
Sanghi Industries Ltd has posted a 234 per cent jump in net profit as the Gujarat-based producer increases its geographical sales spread and implements a number of cost-saving m...
Pakistan 10-month dispatches rise 4.09%
Pakistan cement dispatches rose by 4.09 per cent in the first 10 months of the current fiscal, the latest data from the All Pakistan Cement Manufacturers Association (APCMA) shows.
Mangalam Cement to begin upgrade of Kiln Line 1, India
Mangalam Cement has halted operations of its Kiln Line 1 to upgrade its clinker manufacturing capacity, the company has informed the Bombay Stock Exchange. The cement producer s...
Himachal Pradesh gives Reliance Cement green light for new cement works
The Himachal Pradesh government has given Reliance Cement the green light to set up a new cement plant in the north Indian state. It has also served notices to four cement plant...
Lanco Industries withdraw proposal for Andhra Pradesh plant, India
Lanco Industries has withdrawn its proposal to establish a 0.3Mta mini cement plant in Andhra Pradesh, India.
Tax write back boosts ACC and Ambuja Cements 1Q, India
Holcim's Indian cement interests, ACC and Ambuja Cements, managed to post an improved first-quarter performance YoY despite a decline in sales, largely due to
Pakistan nine-month exports volumes slip
Pakistan exported 6.22Mt of cement in the first nine months of FY12-13 earning US$421.12m, compared to 6.245Mt at US$342.95m in the same period of last year.
UltraTech in talks with JP Associates for Gujarat assets, India
UltraTech Cement is reportedly closing in on a deal to acquire the cement assets of Jaiprakash Associates in the state of Gujarat, India, according to local press reports. "The ...
Tamil Nadu Cement Corp to upgrade Ariyalur plant, India
The Tamil Nadu Cement Corp is planning to expand its Ariyalur cement plant in the state of Tamil Nadu, as well undertaking a number of environmental and energy improvement measu...