Cement News tagged under: Penna Cements
Adani Cements to increase marine transport21 June 2024, Published under Cement NewsFollowing its recent acquisition of Penna Cement Industries , India-based Adani Cements plans to increase the use of sea transport in its logistics mix. Currently, Adani uses sea transport for less than two per cent of its cargo, but this is expected to increase to 10 per cent by 2027-28. Penny Cement has five bulk terminals at Kolkata, Gopalpur, Karakul, Kochi and Colombo, and these will be particularly useful in serving the peninsular India region, according to Adani Cements CFO, Vin... |
India: CCI closes case against 11 cement companies24 November 2014, Published under Cement NewsThe Competition Commission of India (CCI) has closed a case of alleged cartelisation among cement companies for lack of evidence. An anonymous reference had alleged that the cement producers had increased prices by INR75/bag (US$1.21) within the period of a month, according to HN Mint news service. The companies were named as Penna Cements, India Cements, Ramco Cements, Bharathi Cements, Dalmia (Bharat) Cements, Bhavya Cements, Zuari Cements, Ultratech Cements, Jaypee Cements, KCP Cements... |
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