Weakening demand has hit the Indian cement sector very lately. It has seen volumes fall one per cent year-on-year (y-o-y) in the fourth quarter. After the...
Sinoma International Engineering (Hong Kong), a part of the Chinese State-run National Materials Group Corporation, has entered the Indian cement equipment industry by acquiring a majority...
The global economic crisis has affected negatively the cement production in the European Union (EU), which closely follows trends in the construction sector. In 2007, total...
Cement major ACC’s Chief Executive (East) Vivek Chawla said that the company aims to regain its lost markets in West Bengal over the next few years...
CRH Cements company is to buy Sree Jayajothi Cements (SJJC) from the diversified Shriram Group for Rs 1,400 crore. CRH is an Irish building materials giant....
As demand for cement is likely to pick up after the monsoon, prices are expected to go up during the fiscal as there are more infrastructure...
Birla Corporation, the flagship company of the MP Birla Group, on July 19 said it is planning to invest about Rs 2,500 crore over the next...
In Chennai, promoters of Chettinad Cement Corporation have increased their stake in the firm by 6.04 per cent to take it to 94.48 per cent. The...
Owing to insufficient demand in the domestic market, cement companies are said to be operating at only 60-70 per cent of their capacity. Speaking at an...
Shree Cement has placed a massive order with Gebr. Pfeiffer SE for five vertical roller mills to grind cement, raw materials and petcoke/coal. The cement company...
