UltraTech commissions clinker and grinding projects, India
India’s leading cement producer, UltraTech Cement, has commissioned two new cement facilities as part of its ongoing expansion drive. The company has informed the Bombay Stock E...
India
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Loesche awarded new contract for ACC project
Loesche, in a consortium with KHD, has been awarded a contract for its vertical roller mill technology to be employed at ACC’s Jamul plant in India. Loecshe will supply its mill...
COMPAT reserves order on cement firms appeal, India
India’s Competition Appellate Tribunal (COMPAT) has reserved its order over a batch of appeals filed by cement producers contesting the INR63.07bn (US$1.1bn) penalty imposed by ...
Clinker import tax hike threatens small, medium-sized producers in Assam, India
Medium and small-sized cement producers in Assam have criticized a proposal by the state government to raise the import tax of clinker by four per cent.
HSBC Global increases stake in India Cements
HSBC Global Investment Funds has purchased 384,345 shares of India Cements Ltd for an undisclosed sumy, the cement producer said in a notice to the stock exchanges. Following th...
Operations resume at Awarpur plant, India
Operations have resumed at UltraTech’s Awarpur cement plant in the state of Maharashtra following a temporary closure due to strike action. The 3.6Mta has been shut since 14 Mar...
COMPAT hearing set to resume, India
The Competition Appellate Tribunal (COMPAT) hearing is to resume today over petitions filed by cement companies over the INR63.07bn (US$1.1bn) penalty imposed by the Competition...
Credit Suisse expects improved Indian pricing environment
The Indian cement sector could see an uptick in cement prices in the first quarter of fiscal 2014 with the biggest improvements expected to be in the north, a report on the sect...
Vizag Cement inaugurates slag grinding plant, India
The Vizag Cement Works has officially inaugurated its slag grinding unit at the Visakhapatnam Special Economic Zone, a major industrial centre in the state of Andhra Pradesh, In...
Credit Suisse sees Indian cement sector expanding
Credit Suisse says margins in India's cement sector should expand over the next two years on the back of price increases and improvement in demand, among other factors. Reuters ...