Grasim appoints managing director, India
The Aditya Birla Group of India on Tuesday appointed KK Maheshwari as managing director of Grasim Industries as the company prepares to grow its businesses in India and overseas...
India
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Shriram EPC to buy 68% stake in Jayajothi Cement, India
Shriram EPC confirmed it would buy a 68 per cent stake in Sree Jayajothi Cements Ltd, along with its group companies, reports the Business Standard of India. The acquisition wil...
Ambuja production rises 11.28%, India
Ambuja Cements reported an 11.28 per cent rise in production in February 2012 to 1.99Mt from 1.79Mt in February 2011. Meanwhile, dispatches reached 2Mt compared with 1.77Mt the ...
Mangalam Cement grinding plant project order, India
For its new cement grinding plant, Mangalam Cement Ltd. selected a grinding system from ThyssenKrupp Polysius. The new grinding plant is to be installed in Aligarh near New Delh...
Cochin port invites tenders for new bagging plant, India
The Cochin Port Trust (CPT), India, has invited tenders for the establishment of a cement bagging plant, the Times of India reports. The port will lease six acres of land for a ...
Jaiprakash to hive off cement company, India
Jaiprakash Associates will hive off its cement plants and other units of the company to wholly-owned subsidiary, Jaypee Cement Corporation, the Economic Times of India reports. ...
Pakistan cement exports forecast to grow
Pakistan cement exports in the first seven months (July 2011-January 2012) of the current fiscal year fell in terms of quantity but gained in price by US$4.33/t, data by the Pak...
Jefferies starts India cement coverage
Jefferies has initiated coverage on the Indian cement industry with a buy rating on ACC, Grasim Industries, India Cements, UltraTech Cement, and hold rating on Ambuja Cements. "...
Indian cement importers meet Pakistan exporters
An Indian trade delegation of over 120 business people, government officials and members of Federation of Indian Chambers of Commerce and Industry (FICCI) including cement impor...
India January cement dispatches up 9.4%
Indian cement dispatches during January 2012 increased by 9.4 per cent – the third straight month of high growth due to a low base effect (January 2011: +1.1 per cent). Dispatch...