India: Shree's Aurangabad plant begins commercial operations
Shree Cement has commissioned 2Mta grinding capacity at Aurangabad in Bihar and informed the Bombay Stock Exchange (BSE) on 10 July that the plant was now in commercial operatio...
Shree Cement
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Shree commissions Bihar grinding plant, India
Shree Cement has commissioned a 2Mta grinding unit at Aurangabad in Bihar as part of its plan to gain a foothold in the east of the country.
Shree granted extension for Karnataka project implementation
Shree Cement has been granted an extension by the state government of Karnataka for the construction of a 3Mta cement plant in the village of Kodla-Benakanalli.
Shree plans 3Mta Odisha grinding plant, India
Shree Cement plans to establish a 3Mta cement grinding mill in Dhenkanal district, Odisha state. The Rajasthan-based company wants to use fly-ash generated from the nearby power...
Shree first quarter net profit down 19% YoY, India
India-based producer Shree Cement reported a 19 per cent dip in net profit for the January-March quarter despite higher sales. The company, which has over 13Mta of capacity, rep...
Shree on course with capacity drive, India
Shree Cement is on course with its expansion drive to raise cement capacity to 20Mta by 2015 with two new projects currently under implementation.
India: Dalmia Cement plunders executives from Shree
Mahendra Singhi has joined the Dalmia group has its new managing director from rival Shree Cement where he had spent 19 years, with his last position being executive director.
Shree Cement places major order with Gebr Pfeiffer
Kolkata-based Shree Cement has awarded Gebr Pfeiffer (Germany) and its subsidiary Gebr Pfeiffer (India) Pvt Ltd a contract for five vertical roller mills. Shree Cement is curren...
Shree Cement sees jump in third-quarter net profit, India
India-based producer Shree Cement reported a 267 per cent rise in net profit to INR2174.4m (US$40.4m) for the third quarter of FY12-13 compared to INR591.9m in the same period o...
BoA-Merrill upgrades India's cement stocks to 'buy'
Bank of America-Merrill Lynch upgrades its rating across cement stocks to 'buy' from 'neutral' or 'underperform', saying capacity will lag demand, while valuations are below pre...