Speculation of sales and acquisitions in India’s cement industry
Jaiprakash Associates is reported to be considering selling another cement plant – this time to Shree Cement, while UltraTech has commented on those Lafarge-Holcim rumours.
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Jaiprakash Associates is reported to be considering selling another cement plant – this time to Shree Cement, while UltraTech has commented on those Lafarge-Holcim rumours.
An excerpt from the Indocement plant tour at the Citeureup plant near Jakarta, which featured in the October issue of World Cement.
The incoming President’s policies on infrastructure development are set to boost cement demand.
In order to ensure methods are ready for use under the Emissions Reduction Fund, the Department of the Environment has commenced development of a number of priority methods across a range of sectors.
The new import terminal in Timaru forms part of the company’s revised strategy to move cement production out of New Zealand and focus on importing and distributing bulk cement.
JSW Cement Ltd is planning to set up a 3 million tpa clinkerisation plant in Gulbarga district, Karnataka, at cost of approximately Rs.2000 – 2500 crore.
The Indian cement manufacturer is reportedly preparing a bid for the assets of Holcim and Lafarge, which are up for sale as a result of the companies’ planned merger.
The International Chamber of Commerce has appointed UltraTech Cement’s Lakshmanan Rajasekar and Schneider Electric’s Gilles Vermot Desroches as new Vice-Chairs of the ICC Commission on Energy and Environment.
A power plant in Kahalgaon, India, is setting up six new bagging machines next month to solve the environmental problems associated with its transportation of flyash to cement plants.
The Prazna initiative involves the promotion of skill enhancement activities in communities surrounding Zuari Cement's production sites.
The Competition Commission of India (CCI) rejected allegations that UltraTech Cement has violated competition norms in the wholesaling of cement.
Reliance Group is investing around Rs.60 000 crore in its cement, coal, power and telecom businesses in Madhya Pradesh.