Competition Commission of India has found, in a preliminary investigation, that six cement companies have formed a cartel.
Dalmia Cement’s acquisition of Kalyanpur Cement Ltd has been approved by India’s National Company Law Tribunal.
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.
Indian cement maker, Sanghi Cement, is to expand its cement production capacity from 4.1 million tpy to 8.1 million tpy.
Ambuja Cement emerges as the only Indian construction materials producer among the top 7 on the Global Dow Jones Sustainability Index (DJSI) ranking.
ABB will provide automation and electrical systems to Emami Cement’s new greenfield cement grinding plant in Orissa, India.
NCB International Seminar on Cement, Concrete, and Building Materials was held on 5 – 8 December at the Manakshaw Centre in New Delhi, India.