The India Cements acquires Springway Mining Pvt Ltd
The India Cements Ltd has completed its acquisition of Springway Mining Pvt Ltd (SMPL). With effect from 27 June 2022, SMPL has become a wholly-owned subsdiary of The India Ceme...
Indian Subcontinent
978 posts · Page 79 of 98
Indian event highlights role of calcined clay cement
The best way forward is to adopt transformative technologies that help decarbonise the cement industry, according to a number of stakeholders who gathered for the 24th "trialogu...
Gujarat Sidhee Cement temporarily stops kiln
India-based Gujarat Sidhee Cement Ltd said it has stopped the kiln at its Sidheegram plant for 15-20 days. The stop has been attributed to the plant’s high clinker inventory. Ce...
Kesoram to boost cement capacity to 15Mta
Kesoram Industries Ltd, part of the B K Birla Group, announced that its plans to increase its cement production capacity to 15Mta from 11Mta. The expansion plan will take 3-4 ye...
India on the recovery path Premium
India’s cement industry made a strong comeback in 2021 as the economy started showing a visible post-COVID-19 recovery. The sector posted steep YoY growth of 21 per cent – a lev...
Pakistan cement market to contract by 10%
Based on cement dispatches over the first 11 months, Pakistan’s cement market is expected to contract by 10 per cent in FY22 (ending 30 June), compared to FY21, according to a r...
GDP recovery fuelling Indian cement demand
Cement demand in India is expected to rise by mid-to-high single digits in the medium term, according to Fitch Ratings. This follows an estimated mid-teen rebound in FY22, compa...
DG Khan set for US exports
Pakistan-based DG Khan Cement Co will be exporting 50,000t of cement to the USA for the first time. “A ship, Tomini Felicity, is presently loading cement at KPT in 1.5t jumbo ba...
Adani Group in discussions to raise US$4.5bn
Following its acquisition of Holcim’s business in India, the Adani Group is in discussions with more than a dozen foreign banks in a bid to raise US$4.5bn. According to The Econ...
Ramco Cements announces capex and price rise
Ramco Cements has announced capex of INR12-13bn (US$154-167m) to expand its production capacity over the next two years. At its Kurnool plant, trial production of clinker is now...