Cement News tagged under: Vicat Group
Bharathi Cement releases robotically-produced cement18 July 2018, Published under Cement News'Bharathi Ultra Fast' is a new multi-purpose cement produced by Bharathi Cement company (Vicat group) in India. The premium quality cement has just been launched and it promoted 'greener' costruction by being produced with robotic technology. Bharathi Ultra Fast has been developed for engineers and masons for all concrete applications with several advantages over OPC53 cement. It features a high setting time, higher first-day strength, higher 28-day strength, unmatched durability and bett... |
Vicat announces plans for upcoming Indian projects12 March 2018, Published under Cement NewsVicat Group will invest INR5.1bn (US$78.4m) to set up a 1.75Mta greenfield grinding unit in Vizianagaram, Andhra Pradesh, India. The group’s subsidiary Kalburgi Cements Pvt Ltd has signed a memorandum of understanding with the Andhra Pradesh Economic Development Board (APEDB), an agency dedicated to attracting investments into the state. Vicat plans to invest approximately INR17.35bn in India over the next three years. Alongside financing the grinding unit, the money will also be used to ... |
A greener and more vibrant French cement industry09 February 2018, Published under Cement NewsThis week ICR reported that LafargeHolcim will spend several million euros on its Val d'Azergues cement plant in France. It is the latest action in an ongoing drive by French cement producers to build a more environmentally-friendly industry. Modernisation spree for Lafarge Holcim The modernisation of its plants in France will be a key focus of LafargeHolcim's European investment drive. Last May the company announced that it plans to spend EUR300m on modernising its French facilities. T... |
Bharathi Cement wins Asia's 2015-16 most promising brand award07 April 2016, Published under Cement NewsBharathi Cement Corporation Pvt Ltd, a Hyderabad-based cement producer and member of the Vicat-France Group, has been adjudged as the “Asia’s most promising brand Award for 2015-16” by World Consulting and Research Corporation, reports Business Wire India. Bharathi Cement was chosen from the survey conducted by ibrands 360. For the award, nearly 100 top brands were selected out of a shortlist of 400 from different areas of business across Asia. Ashish Padhi, counsellor (science, education... |
Vicat to take full control of Indian joint venture16 July 2014, Published under Cement NewsVicat is to take 100 per cent control of Vicat Sagar Cements after agreeing to buy out Sagar Cements from the joint venture company. An agreement has been reached whereby Sagar Cements will sell its entire 47 per cent stake in the collaboration for INR66.68 per share (US$1.1). The company said it would use a part of the money to purchase some capital equipment for its Matampally plant, while the remaining amount would help fund organic and inorganic growth in south India. Vicat Sagar ... |
Senegal cement battle looms24 March 2014, Published under Cement NewsAliko Dangote, Nigeria's powerful industrial conglomerate owner, is facing a battle to get his Senegalese cement plant up and running due to legal action and stiff competition. Vicat and its Sococim subsidiary in Senegal are ready to protect market share in west Africa by taking on Aliko Dangote. Dangote's Senegalese plant, one of the largest in Africa, is scheduled to start operation "within 90 days", Aramine Mbacke, the CEO of Dangote Senegal, told Financial Afrik magazine earlier th... |
India: Vicat keen to buy Shriram cement unit27 June 2013, Published under Cement NewsFrench cement maker Vicat has emerged as a surprise frontrunner to acquire a cement unit of southern conglomerate Shriram Group. Vicat is expected to buy controlling shares in Sree Jayajothi Cements Ltd, which is a part of Shriram Ventures, the holding entity of the group's non-financial services businesses, valued at about US$250m. The US$3bn French MNC surged into the fray after Shriram's deal-making with private equity giant Blackstone collapsed two months ago. Blackstone was close to a... |
Vicat launches Bharathi brand in south Maharashtra market, India07 March 2013, Published under Cement NewsThe Vicat Group has launched its Bharathi cement brand in the south Maharashtra market, which is being supplied from its new plant at Gulbarga, Karnataka. The plant, which has a nominal capacity of 2.8Mta of cement was launched towards the the end of last year, and is a joint venture between Vicat of France and Sagar Cements of India. The main target markets for the Vicat-Sagar plant are various districts in the south such as Kolhapur, Raigarh, Ratnagiri, Sangli, Sindhudurgh, Satara and ... |
Sagar-Vicat venture to begin operations in October, India02 August 2012, Published under Cement NewsThe joint-venture cement plant between Sagar Cements of India and Vicat Group of France will begin operations in October. “The clinkerisation is expected to be completed by September end,’’ Mr Srikanth Reddy, Executive Director, Sagar Cements, told Business Line. The plant is being constructed in Gulbarga district in the Indian state of Karnataka. Phase 1 of the project has a production capacity of 2.5Mta and total capacity, including Phase 2, would be 5.5Mta by 2014, Mr Reddy added. |