Kerala Cement Dealers Association to shut indefinitely
Cement dealers, under the Kerala Cement Dealers Association, will down close down indefinitely from 15 November in the state, The Hindu reports. Association State committee offi...
India
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CRH announces termination of negotiations in India
CRH plc announced that it has terminated negotiations with Indian cement producer Jaypee Cement Corporation (Jaypee) regarding the possible purchase by CRH of an equity stake in...
Nalanda Capital cuts stake in Shree Cement, India
Nalanda Capital has sold around half of its holding (3.25%) in Shree Cement.
Indian producers seen posting higher 2QFY13 figures
Indian cement manufacturing companies are expected to put up a robust performance this quarter owing to higher dispatches and lower raw material costs. The Economic Times of Ind...
Ambuja Cements September sales and output climb, India
Indian producer Ambuja Cements said sales rose 4.73 per cent to 1.55Mt in September from 1.48Mt in the same month a year ago, the company said in a statement. The company report...
Andhra Pradesh hit by declining prices and demand, India
Cement producers operating in the Indian state of Andhra Pradesh continue to suffer due to lower prices and demand in the region, the Economic Times of India reports. Cement pri...
ACC September cement production up 9%, India
ACC Ltd, part of the Holcim Group, reported that its production in September rose by nine per cent to 1.82Mt from 1.67Mt in the same month of 2011. Dispatches reached 1.80Mt, co...
Pakistan cement export volumes fall 20.8% YoY
During the first two months during FY12-13, Pakistan exported 1.154Mt of cement and earned US$91.356m compared to 1.457Mt at US$75.891m in corresponding period last year. This s...
BAI of India seeks government intervention for land acquisition process
The Builders Association of India (BAI) plans to seek government intervention to address pertinent issues such as land acquisition, environmental clearances and reforming the ex...
Dalmia Bharat to buy Adhunik Cement for INR5.60bn
Dalmia Bharat Enterprises Ltd said Friday it has signed an agreement to acquire Adhunik Group's cement unit for about INR5.60bn (US$106.3m).