Adani Group to refinance Ambuja Cements and ACC bridging loans
The Adani Group is reported to be in talks with several foreign banks to refinance US$3.5bn of bridging loans taken for the acquisition of Ambuja Cements Ltd and ACC Ltd this ye...
Indian Sub-Continent
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Fauji Cement opens 8.8MW solar power plant
In its quest to obtain self-sufficiency in power generation, and with the objective of using clean and green energy, Fauji Cement has held an inauguration ceremony at its Wah ce...
Attock Cement's new line to start at end of FY23
The management of Attock Cement Pakistan Ltd (ACPL) has announced that its new 4000tpd (1.2Mta) line will come online by the end of FY22-23. Top managed disclosed this at an ana...
Ambuja Cements and ACC lead the way on water positivity
Ambuja Cements and ACC are leading the way in water positivity, according to a report in Business Standard. Over the last 20 years both companies have put initiatives in place t...
Bestway Cement's post expansion capacity will stand at 15.2Mta
The top management of Bestway Cement Ltd organised a corporate briefing earlier this month to discuss the company's 1QFY22-23 results and outlook. The company's CFO, Muhammad Am...
Bestway Cement receives Pioneer Award
Pakistan’s Bestway Cement has been awarded the ‘Carbon Neutralisation Pioneer Award’ by LONGi Green Energy Technology Co Ltd, the largest solar panel manufacturer in the world, ...
UltraTech Cement to take excess RDF waste
The Manali Municipal Council (MC) has sent letters to the Kullu MC along with the Bhuntar and Banjar Nagar Panchayats, asking them not to send garbage to the waste treatment pla...
Aramit Cement Ltd posts loss in 1QFY23
Aramit Cement Ltd of Bangladesh has announced its financial results for three months (July 2022 to September 2022) on 14 November 2022. It posted a net loss of BDT89.5m (US$0.87...
Birla White wall care plant starts operations in Nathdwara
UltraTech Cement has commenced the third Birla White wall care putty plant at Nathdwara, Rajasthan, India with a capacity of 4Mta at a total cost of INR1870m (US$22.8m). The exi...
India’s cement market evolution and path to net zero Premium
With the Indian cement market changing rapidly, demand is not only soaring, but the applications for which it is used are changing. Findings from a study by Mission Possible Par...