India cement news

Indian cement producer, JK Lakshmi Cement, has announced an increase in production and sales in 4Q16, despite the impact of demonetisation.

Indian Cements released a positive set of results for 4Q16, despite the continuing impacts of demonetisation on Indian economic growth.

The directors of Shree Cement have approved construction of a new cement plant in the Indian state of Karnataka.

UK-based engineering company, Greenbank Group, has opened an office in Kolkata, India.

Indian cement producer, JSW Cement, plans to more that triple its cement production capacity at the Bellary plant in south India.

Indian cement producer, Anjana Portland Cement, has commissioned a coal-fired power plant at one of its cement plants.

JSW Cement is to buy out the company promoters’ 35.62% stake in Shiva Cement and launch an open offer for an additional 32% stake in the company.

Petron Engineering has received a letter of intent from Shree Cement covering civil works at the Orissa grinding project.

Indian cement company, Sagar Cements, has recorded a slight fall in year-on-year cement production in December.

Following demonetisation, Ambuja Cement is predicting limited recovery for cement demand.