India's CMA welcomes Interim Budget 2024-25
India’s cement producers have applauded the country’s government for its sustained focus on infrastructure development in its latest Interim Budget 2024-25. Under the budget pla...
Jsw Cement
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JSW Cement prepares for IPO
JSW Cement has reached out to domestic and foreign investment banks including SBI Capital, Kotak Mahindra Capital, JM Financial, DAM Capital, Jefferies, Citi and Goldman Sachs f...
Suitors line up for Vadraj Cement
JSW Cement , the Adani Group , and the ArcelorMittal Group are among the entities expressing an interest in acquiring India’s Vadraj Cement , according to Construction World. Va...
UltraTech Cement and Adani Cement alerted to Heidelberg's Indian divestment rumour
UltraTech Cement ( Aditya Birla Group ), and the country’s second-largest cement producer, Adani Cement, may join the race along with Parth Jindal-led JSW Cement to acquire Heid...
JSW Cement begins EV pilot project
India-based JSW Cement has acquired five electric trucks from the Murugappa Group as part of a pilot project to transition to the use of EV trucks. According to JSW Cement, the ...
JSW Cement reveals IPO plans to fund expansion
JSW Cement is planning to launch an initial public offering (IPO) in 2024 to raise INR40,000m (US$483.8m) to fund its ongoing expansion plans, reports Live Mint. “In 2024, we ar...
JSW Cement announces key milestones
JSW Cement has announced a number of milestones that underscore the company’s commitment to innovation, sustainability and expansion. Shiva Cement , a subsidiary of JSW Cement, ...
India's CMA appoints new president
India’s Cement Manufacturers’ Association (CMA) has appointed Neeraj Akhoury, managing director at Shree Cement Ltd , as its new president, and Parth Jindal, managing director o...
Shiva Cement inaugurates Sundergarh mill
India-based Shiva Cement , part of JSW Cement , has inaugurated its new cement plant in Sundergarh, Odisha. The new plant has an overall capacity of 1.05Mta as well as an additi...
Sustainability-linked loans gain momentum in the cement industry
This week JSW Cement announced that it was signing a new loan agreement that would be sustainability-linked to raise US$50m in debt capital to help achieve its 50Mta production ...