Ambuja Cements forms new subsidiary, ARL
India’s Ambuja Cements has incorporated Ambuja Resources (ARL), a new wholly-owned subsidiary for the manufacture of cement and allied products, alternate fuel and power generat...
Indian Sub-Continent
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UltraTech Cement selects AUMUND as project partner
UltraTech Cement Ltd has again selected AUMUND India as its partner for a big project. UltraTech Cement is the leading producer of grey and white cement and ready-mix concrete i...
INSEE Cement appoints new CEO
Sri Lanka’s INSEE Cement has appointed Jan Kunigk as its new chief executive officer, effective from 1 January 2023. Mr Kunigk replaces Nandana Ekanayake, who is retiring from t...
Bangladesh and Saudi Arabian JV cement plant in doubt
State-owned Bangladesh Chemical Industries Corp (BCIC) has threatened to withdraw from a Saudi-Bangladesh joint venture under which a cement factory is to be built in Sylhet's C...
Ambuja Cements forms shipping subsidiary
Ambuja Cements has formed a new, wholly-owned subsidiary called Ambuja Shipping Services Ltd (ASSL). The company has been incorporated by Ambuja Cements for the business of oper...
Lucky Cement chairman passes away
The chairman of Pakistan’s largest cement producer, Lucky Cement Ltd, Muhammed Yunus Tabba, died on 2 January 2023 peacefully, according to a family announcement of the company ...
Mukul Agarwal raises stake in Sanghi Industries
Investor Mukul Agarwal has increased his stake in Sanghi Industries from 1.34 per cent in the September 2022 quarter to 1.97 per cent in the December quarter, reports The Econom...
Attock Cement seeks a supply of minerals
Attock Cement Pakistan Ltd has planned to outsource raw materials for its cement plant at Hub Choki in the Balochistan province from January 2023 to June 2023. The company asked...
Shares in India Cements fall due to CCI investigation
Shares in India Cements fell by almost five per cent to INR208 (US$2.51) on 23 December 2022 after officials from the Competition Commission of India (CCI) visited the company's...
Work begins on Ramco Cement's expansion
Work has reportedly begun on the second production line at Ramco Cement ’s grinding plant in Haridaspur , Jaipur District, Odisha, India. The US$16m expansion project will incre...