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France-based REEL has agreed to acquire handling and lifting systems specialist M?ller (also known as FLSmidth Hamburg GmbH) from Denmark-based FLSmidth for an undisclosed amount. The...
UltraTech Cement has laid out a three-year capacity expansion plan. The company, which is upbeat on the sector?? demand prospects, will increase the clinker capacity by...
Dealers say there has been a sharp uptick in non-trade prices especially in the north as improving institutional demand for large infrastructure projects. A bunch of...
Cemex plans to launch its net-zero CO2 Vertua concrete product worldwide following its release in Europe. It said that customers in several European countries are using...
As the tide remains favourable for cement manufacturers, rising demand and realisations are prompting companies to expand capacities and diversify into new geographies. Star Cement, having...
The first two quarters were clear washout for the cement business. However green shoots were seen from third quarter onwards. The initial pickup in numbers happened...
HeildelbergCement subsidiary G?ra?d?e Group has signed a 10-year corporate Power Purchase Agreement (PPA) with BayRa to buy electricity from the forthcoming Witnica solar power plant. The...
The strong margins in the first half of the financial year (H1 FY21) limit the risks to Indian cement companies’ financial profiles, despite lower volumes due...
The Builders??Association of India (BAI) has written to Prime Minister Narendra Modi to constitute a regulatory authority for the cement sector on the lines of telecom...
Kenya-based National Cement has begun selling its Simba brand cement on the Rwandan market. The company is aiming to compete against importers from further afield with...
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