Aditya Birla Group will consider buying Holcim's Indian assets
Kumar Mangalam Birla, chairperson of Aditya Birla, is reportedly looking at ways to make a bid for ACC Ltd and Ambuja Cements that Holcim intends to divest, according to The Eco...
Indian Sub-Continent
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JSW Group in discussions to raise funds to bid for Holcim's Indian operations
Sajjan Jindal-led JSW Group has initiated discussions with private equity (PE) firm Carlyle to join forces and back its bid for Holcim ’s Indian cement operations, said people a...
Pakistan cement dispatches and exports slow in 9MFY22
Pakistan’s cement dispatches have slowed amid rising construction costs, a lower development budget and higher freight costs with 9MFY22 dispatches down six per cent, says Topli...
Tamil Nadu Cement orders 10MW solar power plant
Tamil Nadu Cement Corp Ltd will be setting up a 10MW solar power plant at an outlay of INR650m (US$8.52m) for captive use, said Minister for Industries, Thangam Thennarasu. As p...
Kanodia Cement completes Amethi grinding plant expansion
Kanodia Cement has set up a new cement grinding unit at its Amethi plant, India. The grinding expansion is already completed and production began in April 2022. All four of the ...
Holcim reported to be looking for potential buyers of ACC Ltd
Bloomberg has reported on Holcim proposing to dispose of Ambuja Cements Ltd. Holcim owns ACC Ltd and Ambuja Cements in India. With approximately 64Mta of cement capacity it is s...
Power Cement's Kiln Line III to resume operations by the end of April 2022
Power Cement Ltd informed Pakistan Stock Exchange (PSX) on 11 April 2022, that a component of the new Line III of the company’s plant at Nooriabad Industrial Area, Kalo Kohar Di...
ACC Ltd receives first fly ash consignment from Vedanta Aluminium
Vedanta Aluminium has supplied its first rake consignment of 4000t of fly ash from Jharsuguda unit to one of the plants of ACC Ltd for the production of low-carbon cement. In ce...
A review of listed cement companies in Pakistan
The total market capitalisation of the top 15 cement companies in Pakistan stood at US$2.738bn as of 28 March 2022. They represent a market share of 97.4 per cent in the total s...
Reon Energy to install 34MW solar power project for Lucky Cement
Lucky Cement and Reon Energy have announced a 34MW captive solar power project with a 5.589MWh Reflex energy storage. The project, set to be installed at Lucky Cement's Pezu pla...