Indian cement production continued its positive start to the year in February 2018, recording levels well ahead of the same period in 2017.
India’s Wonder Cement has ordered two move vertical mills from Gebr. Pfeiffer, bringing the company’s total to seven.
India’s largest cement producers appears to be favourite to takeover bankrupt Binani Cement, after upping its bid.
More Indian Subcontinent news
German mill manufacturer, Gebr. Pfeiffer has received its fourth order for a vertical mill from Nepal.
LafargeHolcim set to strengthen its presence in the Indian cement industry by investing CHF 200 million.
Competition Commission of India has found, in a preliminary investigation, that six cement companies have formed a cartel.
Lucky Cement’s costs rose substantially in the second half of 2017, more than offsetting a rise in sales revenues.