India’s Competition Commission evaluates Holcim-Lafarge merger
The CCI is reportedly considering a ‘structural remedy’ to the proposed merger, which could require divestments to be made.
The CCI is reportedly considering a ‘structural remedy’ to the proposed merger, which could require divestments to be made.
Around 191 000 visitors and 3100 exhibitors participated in bauma China 2014, which took place on 25 – 28 November 2014 at the Shanghai New International Expo Centre.
Cement output fell 1% in India this October, but was up 8.1% y/y for the April – October period.
Cement plants in three northeast provinces will shut for four months starting 1 December to help reduce overcapacity and air pollution.
Working in conjunction with the Bogor Institute of Agriculture (IPB), Holcim has developed an old quarry into an educational forest.
News updates from the Australian Industry Group, Australian Construction Achievement Awards and the Australian Constructors Association.
Zhang Jing, CNBM International Engineering Co., Ltd, China, explains how the online management of a cement plant can improve efficiency, reduce costs and optimise the production process.
Dalmia Cement has purchased the remaining 26% stake in Bokaro Jaypee Cement Ltd from Steel Authority of India Ltd for approximately Rs.234.56 crore.
In light of increasing domestic demand for cement in Pakistan, Cherat Cement has decided to construct a new 1.3 million tpa production plant.
The new facilities will enable JCB to keep pace with future economic growth and to further strengthen its position as a market leader in the construction equipment industry.
According to local press reports, Sri Lanka's Ministry of Defence is planning to acquire Lanka Cement’s facility at Kankasanthurai.
The Competition Commission of India has ‘formed a prima facie opinion that the combination is likely to have an appreciable adverse effect on competition’ and announced that it will be inviting public comments on the planned LafargeHolcim merger.
According to local press, the Nepal Investment Board, which is led by Prime Minister Sushil Koirala, has approved a proposal by India’s Reliance Group to build a cement plant in the south of the country.
Lafarge Malaysia has recorded a 54% drop in net profit for 3Q14, attributed to lower revenues and higher costs.
India’s Competition Commission has approved Jaiprakash Associates’ proposed sale of its cement grinding unit at Panipat, Haryana, to Shree Cements.