Cement company ACC has stated that India’s cement demand is likely to grow at a rate of 10 per cent in 2012, but subdued capacity utilisation...
The Union government has said that cement manufactures, which have been slapped a penalty of over Rs 6,700 crore for price cartelisation, will have to comply...
Indian cement majors, including ACC, Shree Cement and Ultratech, have signed a co-operation pact to support low-carbon investments in India.The pact was signed in Geneva with...
Irish building materials group CRH Plc said it was in talks to pick up an equity stake in Jaiprakash Associates’ (JAIA.NS) cement operations in Gujarat.Jaiprakash’s cement...
Deutsche Bank on August 8 said that cement stocks are in for a potential re-rating. The investment bank cited the pickup in merger and acquisitions (M&A)...
The cement and clinker production of UltraTech Cement rose five per cent to 9.94 million tonne (mn t) in the quarter ending June 2012.Production of white...
Analysts expect that the cement business for major players in the country is expected to be profitable in the first quarter of this financial year, backed...
Kenya’s Bamburi Cement posted a 12.86 percent fall in pretax profit for the first half of this year to 3.7 billion shillings ($43.89 million), hurt by...
For the current fiscal, Madras Cements has lined up investments to the tune of Rs 300 crore. Of the sum, Rs 225 crore will be utilised...
The cement industry is crucial for the development of housing and infrastructure in a country. The per capita consumption of cement is a barometer of country’s...
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