Timken expands presence in India with acquisition
The Timken Co.’s majority-owned Indian subsidiary, Timken India, is to acquire ABC Bearings, a Mumbai-based maker or bearings and slewing rings.
The Timken Co.’s majority-owned Indian subsidiary, Timken India, is to acquire ABC Bearings, a Mumbai-based maker or bearings and slewing rings.
Ambuja Cement has received approval from the state government of Odisha, India, to set up a new cement grinding plant in Jharsuguda.
LafargeHolcim’s Indian subsidiary, Ambuja Cement, has secured additional limestone resources in the Indian state of Maharashtra.
Ramco Cements will install an FCB TSV classifier from French engineering group, Fives, at the R R Nagar plant expansion in Tamil Nadu, India.
UltraTech has completed the purchase of Jaiprakash Associates’ cement assets in a deal worth US$2.5 billion.
Sales at Dalmia Cement grew 20% in FY2017, despite a backdrop of weakened cement sales overall in India.
Despite a slowdown from average growth of 13% between 2010 and 2016, cement demand in Sri Lanka will continue to be robust on infrastructure and residential construction activity.
Bangladesh’s cement demand will increase by 9% per year to 2021, as high population growth and increasing urbanisation drives investment in infrastructure and real estate.
Orient Cement, a subsidiary of CK Birla Group, is two acquire to cement businesses from Jaypee Group.
Dalmia Cement Ltd. provided 17 000 t of cement for the construction of the Dhola-Sadiya bridge.
FLSmidth will supply Power Cement with a complete cement production line, marking its second major order from Pakistan this year.
UltraTech has added additional slag cement production capacity at its Patliputra cement plant in east Indian to meet rising demand.
Sri Lankan cement maker, Tokyo Cement, has officially opened its second biomass power plant at Trincomalee.
Pakistan International Bulk Terminal has begun cargo handling operations, unloading 41 000 t of coal.
Cemex has reported a consolidated net sales increase of 6% for 1Q17.