Mega construction projects boost Bangladesh's cement demand
The long-awaited Padma Bridge is nearing its completion after the final span of the 'dream bridge' was installed almost six years after the construction work began in Bangladesh...
Indian Sub-Continent
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Lanwa Sanstha Cement plant to open in June 2021
Lanwa Sanstha Cement Corp (Pvt) Ltd, a sister company of Ceylon Steel Co Ltd, is scheduled to be commissioned in June 2021. The plant will be situated in Mirijjawila Export Proc...
CCI starts investigation into Ambuja and ACC
The Competition Commission of India (CCI) has initiated an investigation against ACC and Ambuja Cements and other cement companies in the country regarding alleged anti-competit...
Punjab government approves five cement plants
The Punjab Chief Minister Sardar Usman Buzdar has approved setting up five new cement plants by the private sector in Punjab province, Pakistan, at an estimated investment of PK...
Pakistan shows healthy dispatches in November 2020
Pakistan's cement industry dispatched 4.508Mt domestically and overseas in November 2020, recording a growth of 4.2 per cent on a YoY basis, according to the All Pakistan Cement...
Cement export revenue falls during 5MFY20-21 in Bangladesh
Bangladesh's cement industry has earned export revenue of US$2.82m in the five-month period of July-November 2020 (5MFY20-21), compared to US$4.08m in the year-ago period, a fal...
UltraTech Cement announces 12.8Mta capacity expansion
UltraTech Cement’s (Aditya Birla Group Cement) Board of Directors have approved an increase of cement capacity by 12.8Mta with a mix of brownfield and greenfield expansions. The...
Birla Corp to raise INR1.5bn through NCDs
India’s Birla Corp is set to raise around INR1.5bn (US$20.3m) through secured unlisted redeemable non-convertible debentures (NCDs). As such, the company has approved the allotm...
Southern India sees boost in cement prices
Cement prices in southern India have advanced around 18 per cent YoY to INR393/bag (US$5.3) in the 3QFY20-21, according to Motilal Oswal. On a QoQ basis, prices are flat as hike...
LafargeHolcim to invest CHF100m in Indian WHR projects
LafargeHolcim has announced a CHF100m (US$111.84m) investment in India for waste heat recovery systems. The investment will be completed across six sites over the next two years...