UltraTech has commissioned a new greenfield plant at Madhya Pradesh, India in a record time of 365 days.
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.
UltraTech has made a new bid for bankrupt Binanai Cement, aiming to disrupt a creditor-approved offer from Dalmia Bharat.
Vicat Group is to expand its capacity in India, investing in the expansion of its Kalaburagi plant, as well as a new grinding plant in Vizianagaram.
India’s construction industry is set for a decade of robust growth on the back of government infrastructure spending and increased private investment.
A significant fall in earnings from its Egyptian business saw French building materials firm, Vicat, report lower year-on-year EBITDA, despite a solid rise in revenues.
A consortium led by Dalmia Bharat, one of the largest cement producers in India, appears to have won the bidding for bankrupt Binani Cement.