Cement News tagged under: india
Thermax wins new captive power plant order in Africa08 December 2014, Published under Cement NewsThermax Ltd has won a repeat order from a leading African industrial major to build and commission a captive power plant for one of the conglomerate’s cement plants. The scope of the project includes system design, manufacture, supply and supervision of erection and commissioning of the plant. “We are excited about the business opportunities emerging in Africa. Our two-year project management experience in the continent should really help in seamlessly executing these projects,” said Ther... |
Shiva April-Nov dispatches up 31% YoY02 December 2014, Published under Cement NewsShiva Cement's dispatches of cement and clinker from April-November 2014 were up by 31 per cent compared to the comparative period of the year before. Dispatches over the April-October 2014 period were up by 18.4 per cent compared to April- October 2013. Shiva Cement’s plants are located in located at Kalunga and Sundargarh in Orissa. |
Dalmia Cement acquires full control of Bokaro Jaypee Cement01 December 2014, Published under Cement NewsDalmia Cement (Bharat) Ltd has acquired full control of Bokaro Jaypee Cement Ltd (BoJCL), following the purchase of the 26 per cent stake in the company it did not already own. BOJCL was initially set up in 2008 up as a 74:26 per cent joint venture between Jaiprakash Associates Ltd (JAL) and the Steel Authority of India’s (SAIL). In June this year, JAL sold its entire majority shareholding in BoJCL to Dalmia Cement. Shri Rangam Securities & Holdings Ltd, a subsidiary of Dalmia, has now pu... |
India: Dalmia Bharat interest in LafargeHolcim units28 November 2014, Published under Cement NewsDelhi-based Dalmia Bharat is reported to be in talks to bid for one or more European cement assets put on sale by Holcim and Lafarge as part of its global cement merger deal. Dalmia Bharat is the second Indian company after Kumar Mangalam Birla's UltraTech to join the race for buying Holcim and Lafarge units due for disposal. Holcim and Lafarge have decided to sell around 40 cement assets across the world which could be worth over US$10bn. BNP Paribas, Credit Suisse, HSBC and Morgan Stanle... |
India: cement production up in India in September27 November 2014, Published under Cement NewsIndia Coal Market Watch (ICMW) reports that cement production in India (except ACC and Ambuja) increased to 21.7Mt in September 2014, about 5.44 per cent up on the 20.58Mt recorded in August 2014. During the first six months of the current FY14-15, total cement production stood at 135.51Mt as compared to 123.57Mt produced during the corresponding period of the previous fiscal. Total cement production during 2013-14 stood at 255.63Mt compared to 248.23Mt during the previous year. Cement man... |
India: LafargeHolcim merger could harm competition25 November 2014, Published under Cement NewsThe merger between Holcim (Switzerland) and Lafarge (France) is likely to hurt competition in the country, says the Indian Competition Commission (CCI), according to reports in the Indian media. The CCI stated that it ''formed a prima facie opinion that the combination is likely to have an appreciable adverse effect on competition.'' The regulator has now directed both companies to publish details of the merger to the knowledge of the public and rival companies that may be affected or... |
India: CCI closes cement case25 November 2014, Published under Cement NewsThe Competition Commission of India (CCI) has closed a case of alleged cartelisation among cement companies due to a lack of evidence. An anonymous reference before the CCI had alleged that 11 cement companies increased prices by INR75/bag (US$1.21/bag) within a month. In its order, the CCI noted that the reference states that the price increased from INR230-250 to INR300-330/bag after the general elections in Andhra Pradesh. The order didn't specify the exact period over which the price... |
India: Shree wins approval for new Aurangabad plant25 November 2014, Published under Cement NewsIndia's Bihar state cabinet sanctioned its approval on 21 November 2014 for the construction of a INR3370m (US$54.5m) cement plant in the Aurangabad district of Bihar, planned by Shree Cement. The proposed works will have a production capacity of 2Mta and include a 12MW biomass-based captive power plant. |
India: Amul Cement to build mini cement plant25 November 2014, Published under Cement NewsAmul Cement is constructing a vertical shaft kiln in Patapar village, Junagadh, Gujarat, India. The mini plant will cost INR30m (US$484,587) and will have a capacity of 37,500tpa of cement and concrete products. Machinery will be procured locally. The project is waiting for environmental clearance. Civil work is nearing completion and the project is scheduled for completion in 2Q15. |
Nepal: Reliance plant gets go-ahead24 November 2014, Published under Cement NewsIndia’s Reliance Group, headed by Anil Ambani, has received clearance to build a cement plant in Nepal. The INR24.8bn (US$401.1m) cement works is expected to be constructed in central or eastern Terai. Reliance currently operates 5.8Mta of installed capacity but plans to lift it to 15Mta in the next three years. In India the company is also building a further 5Mta greenfield plant in Maharashtra and is awaiting environmental clearance for its INR2.5bn works in Kutch, Gujarat. In addition, A... |