Largest concrete takeover
The construction equipment industry, dominated by the US, has a new challenger from the Chinese markets in the form of Sany. Sany Heavy Industry Co., the construction-equipment maker run by China's richest man, employing 70,000 people worldwide w... Read more...

Sany clinches largest German deal with Putzmeister
German concrete pump maker Putzmeister Holding will go into the hands of Chinese firm Sany Heavy Industry as the latter will buy 100 percent stake in the former in partnership with the fellow national private equity company CITIC PE Advisors. Read more...

Rupesh Kumar Agarwal of R.K.Enterprises
Rupesh Kumar Agarwal of R.K.Enterprises has been in the cement business since the last 20 years. The company deals in Ambuja, Lafarge, Ultratech, ACC and Jaypee. The company’s area of operations are only within the Ramgarh district of Jharkhand. Read more...

Axim to be acquired by Sika
The global concrete admixtures and cement grinding aids businesses of Italcementi Group, which are marketed under the brand Axim, are set to be purchased by Sika. Read more...

Cement prices reduced by Himachal Pradesh
Cement prices have been reduced in the Indian state of Himachal Pradesh. This report comes in the wake of cement companies agreeing to reduce prices following government directions for the last few months. Read more...

Siam Cement likely to stage comeback in the US market
Positive signs of an economic revival in the US have prompted Siam Cement Group (Thailand) for staging its comeback in the country. Read more...

Indian cement cos eye exports to S. Asia
ACC, market leader in the Indian cement sector, plans to step up exports to cash in on the record depreciation in the rupee and tide over damp demand in the local market. Some other cement majors, Read more...

HP warns cement companies
The Himachal Pradesh government warned the cement companies that it would remove incentives offered to them if they refuse to reduce prices. Read more...

Cement project contracts signed by FLSmidth
Brazilian cement manufacturer Cimpor Cimentos do Brasil Ltda has awarded a contract to FLSmidth for two cement projects worth USD 132 million. Read more...

Dalmia Cement to set up 2 plants in Karnataka
Dalmia Cement is set to start work soon on its proposed cement plants in Karnataka. T Venkatesan, who recently took over as Deputy Managing Director, Dalmia Cement (Bharat), said the company’s expansion plans, Read more...

Coal's New Year challenge
Indian Cement Review wishes a very happy and prosperous 2012 to all its readers and subscribers. Good wishes are needed to navigate the tumultuous times ahead in this year. Read more...

Two cement units to be set up by Bharathi Cement
Two cement units are to be set by at Gulbarga, Karnataka by Bharathi Cement, a wholly owned domestic unit of French cement company Vicat Group. The investment for the Karnataka units is pegged at Rs 1,400 crores. Read more...

Ambuja Cement’s sales grow by 5% MoM: Karvy
Ambuja Cement’s sales in December 2011 rose by five per cent month over month (MoM) and six per cent year over year (YoY) to 1.93 million mt. Read more...

Approval granted to Holcim for Port Land
The Overseas Investment Office, New Zealand’s foreign investment regulator, has granted approval to Holcim Ltd for leasing port land near a proposed cement plant. Read more...

Concrete batching plant of Jayem Manufacturing a salient feature
The salient features of the concrete batching plant manufactured by UP based Jayem Manufacturing are a separate drive motor through gearbox for mixer and skip hopper. Read more...

Events ( January 2012)
ICI Concrete Panorama & Deminar 2012: National level Seminar, Deminar cum Exhibition on "Innovative Concretes and Affordable Housing" showcausing latest innovations in cements, concretes, precast products, Read more...

Cement prices in Pakistan continue to be upward
A 38 to 39 percent YOY rise in net retention prices was seen in cement prices in Pakistan in FY2012, as per a report by Pakistan Today. The industry can seek solace in the fact that there was an approximate 8 to 9 percent QoQ rise in the second quart... Read more...

Rise seen in Yanbu Cement prices
The share price of Saudi Arabia based Yanbu Cement saw the largest rise on the Saudi Tadawul Index during the last week of December. Read more...

UBM announces launch of Concrete Show India 2012
A unique platform for bringing buyers and sellers within the concrete industry on a single stage UBM is delighted to announce the launch of the Concrete Show India 2012 taking place from 23-25 February 2012 at the Bandra Kurla Complex in Mumbai, Indi... Read more...

ACC net profit rises on firm cement price
The consolidated net profit of ACC rose a whopping 84.6 percent y-o-y during the third quarter of CY11 as it enjoyed a strong price realisations, especially in the southern and western regions during the September 2011 quarter. Read more...