India cement news
JSW Cement to increase capacity at Bellary plant
Indian cement producer, JSW Cement, plans to more that triple its cement production capacity at the Bellary plant in south India.
Anjana Portland Cement commissions power plant
Indian cement producer, Anjana Portland Cement, has commissioned a coal-fired power plant at one of its cement plants.
JSW makes takeover bid for Shiva Cement
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 receives LOI from Shree
Petron Engineering has received a letter of intent from Shree Cement covering civil works at the Orissa grinding project.
Sagar Cements production falls in December
Indian cement company, Sagar Cements, has recorded a slight fall in year-on-year cement production in December.
Ambuja Cement predicts limited recovery for cement demand
Following demonetisation, Ambuja Cement is predicting limited recovery for cement demand.
India cement production growth forecast downgraded
Ind-Ra has reduced its forecast for Indian cement production growth on the back of the country’s demonetisation programme. Higher fuel costs will further squeeze margins.
Ambuja Cement launches Go Cashless campaign
In December Ambuja Cement launched its pan-India ‘Go Cashless’ campaign.
Dalmia Bharat outpaces its peers
Dalmia Bharat has gained 94% in one year.
Prism Cement September quarter loss narrows
Prism Cement’s September quarter net loss stands at 212.7 million rupees.