Indian Subcontinent

LafargeHolcim’s two subsidiaries in India will not pursue a merger at this time, although it remains the long-term objective.

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.

Shree Cement Co. commissions new cement grinding uni, Bangur Cement, in Rajasthan.

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.

The consolidation of LafargeHolcims businesses in Bangladesh has been completed.

Dalmia Cement’s acquisition of Kalyanpur Cement Ltd has been approved by India’s National Company Law Tribunal.

The board of directors of J.K. Cement has approved a 4.2 million tpy brownfield expansion project.

Earnings were up 18% at Indian cement producer, UltraTech Cement, boosted by the acquisition of a number of cement plants from Jaypee Group last year.

JSW Cement will invest INR4 billion to expand production capacity at its Salboni plant in Bengal, India, to 3.6 million tpy.

Shree Cement is to spend up to US$305.24 million acquiring a majority stake in the UAE’s Union Cement Co.

A buyer is being sought for a majority stake in Tunisian cement producer, Carthage Cement.

The acquisition of a minority stake in Pakistani cement maker, Power Cement, by three Danish companies, including FLSmidth, has been approved by the country’s competition regulator.

Attock Cement has started operations on a new 4000 tpd cement production line in Baluchistan, Pakistan.