Cement major to set up third unit in West Bengal
Ambuja Cement, the Indian subsidiary of Holcim, has expressed an interest in setting up a third unit in Bengal, according to a report in the Times of India. The company already ...
India
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Northern India: rising demand to support prices
A slower rate of new capacity additions coupled with strong demand in north India will improve the business environment enabling higher prices for cement companies such as Shree...
New appointments at Loesche India
Mr PC Abraham has been appointed Managing Director of Loesche India Pvt Ltd as of 1 October 2012. Mr Abraham joined Loesche India Pvt Ltd on 1 March 1995 and has been working as...
Lafarge looking to sell stake in Indian operations?
Private equity funds are in talks to buy a minority stake in Lafarge India as the cement company taps new ways to fund its expansion, the Economic Times of India reports. Carlyl...
Vicat Sagar joint venture plant begins production, India
The first line at the greenfield Vicat Sagar plant, a joint venture between France-based Vicat and Sagar Cements, has started production. Located in the north of Karnataka, the ...
KHD wins new order for 9000tpd ACC plant, India
KHD Humboldt Wedag International AG subsidiaries, Humboldt Wedag India, Pvt Ltd and Humboldt Wedag GmbH received an order from Holcim Group company ACC Ltd, India, for a new 900...
India cement sector to see recovery in FY13-14
India's cement industry is expected to see a sharp recovery in cement prices in FY13-14 with an improving supply and demand scenario, as well as government measures to fast-trac...
ACC awards contract for Jamul Cement plant construction, India
McNally Bharat Engineering has been awarded a contract by ACC Ltd for the construction and installation of a cement plant in the central Indian state of Chhattisgarh. "The compa...
BoA-Merrill upgrades India's cement stocks to 'buy'
Bank of America-Merrill Lynch upgrades its rating across cement stocks to 'buy' from 'neutral' or 'underperform', saying capacity will lag demand, while valuations are below pre...
Holcim Services (South Asia) signs fleet management deal, India
Holcim Services (South Asia) Ltd, a unit of the Holcim Group, will deploy the Trimble® trako Fleet Management and Visual Cargo solutions in their outbound logistics fleet that t...