Adani Cement acquires Sanghi Industries in west coast expansion
Adani Cement Ltd has secured a 54.51 per cent stake in Sanghi Industries and will look to harness operational synergies from this acquisition, according to the company. The prim...
Indian Sub-Continent
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Decline in Pakistan cement dispatches blamed on axle load regime
Pakistan’s cement industry registered a contraction of 2.12 per cent in dispatches during November 2023, with total cement shipments coming in at 3.924Mt versus 4.009Mt in Novem...
UltraTech Cement to acquire Kesoram Industries Ltd's demerged cement business
Kesoram Industries Ltd has decided to demerge its cement business and has approached UltraTech Cement Ltd in relation to the same. The Board of Directors of UltraTech, after con...
Burnpur Cement Ltd acquisition increases UltraTech Cement's capacity
UltraTech Cement has acquired a 0.54Mta cement grinding assets of Burnpur Cement Ltd, located at Patratu in Jharkhand, India, at a consideration of INR169,790m. This investment ...
Pakistan cement transportation to become costlier
Pakistan has started implementing an axle load regime on transporting cement, all kinds of raw materials and other commodities to meet the World Bank yardstick and improve its r...
Political agitation in Bangladesh cripples supply chain inclusive cement
For the last four weeks, consecutive political agitation in Bangladesh has negatively impacted the country's economy. The supply chain has been severely affected, including tran...
DG Khan Cement is exploring Mexico to export cement from Pakistan
According to AKD Research, DG Khan Cement Co Ltd (DGKCC) held its corporate briefing on 24 November to apprise investors of its FY22-23 financial results and the company’s futur...
Thatta Cement Co to install another 2.2MW of solar power by year-end
According to a report of AHL Research, the management of Thatta Cement Co Ltd (THCCL) held a corporate briefing session on 24 November to discuss the FY22-23 financial result an...
Fecto Cement Ltd is in discussion to install solar plant
According to AHL Research, Fecto Cement Ltd (FECTC) management held a corporate briefing session on 24 November to discuss the FY22-23 and 1QFY23-24 financial results and future...
Pioneer Cement still to decide on greenfield or brownfield expansion
Pioneer Cement has yet to select a green or brown option for expansion in the Punjab. Topline Securities hosted a corporate briefing session (CBS) for Pioneer Cement Co Ltd (PIO...