ACC plans CAPEX spending on positive outlook
Indian cement maker is planning capital spending of INR6 billion (US$92.5 million) in the new financial year, expecting a return to growth in cement demand.
Indian cement maker is planning capital spending of INR6 billion (US$92.5 million) in the new financial year, expecting a return to growth in cement demand.
Gharibwal Cement has been awarded a licence to quarry limestone and shale clay to feed a new cement plant in Khyber-Pakhkunkhwa.
Cemex has published its first Integrated Report, covering 2016.
Metso and CDE Asia will partner to provide a comprehensive solution for the manufactured sand market in India.
The government of Khyber Pakhtunkhwa, Pakistan, has awarded 14 licences to set up cement plants in the province.
Petron Engineering has received a letter of intent from Shree Cement for civil work at its Gulbarga cement plant in Karnataka.
Emami Cement, part of the diversified Emami Group, has commissioned a cement grinding plant in West Bengal as part of its plants to become a major player in the Indian cement market.
Redecam Group and Isgec Heavy Engineering have entered into a new joint venture in India.
The Indian government has confirmed that it is planning to sell off non-operational units of Cement Corporation of India in first part of its divestment plan.
Pakistani cement maker, Lucky Cement, has inaugurated a waste heat recovery plant at its Pezu cement plant.
JSW Cements – a part of Indian industrial conglomerate, JSW Group – has brought ACC’s stake in Shiva Cement.
Flying Cement is to double capacity at its existing cement plant in Pakistan.
JayPee Group subsidiary, Jaiprakesh Associations, has received regulatory approval for the sale of its cement unit to UltraTech Cement.
Aimil Ltd. has been appointed as PANalytical’s representative in India.
The Indian construction sector will remain steady in the next financial year with a “slow but steady’ improvement in revenue and earnings.