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Scientists from Russia and India will try to create fuel from vegetable raw material 07 January 2015 Russia and India will produce fuel from plant matter (CW Group) Russian and Indian scientists will prepare the project for the processing facility, which allows to work with vegetable raw material for fuel and a number of chemical compounds used in... Type: Article Category: Europe & Central Asia India rolls out Amma Cement scheme in Trichy 06 January 2015 Sale of the Amma Cement to be expanded (CW Group) IndiaÔÇÖs Tamil Nadu government rolled out the subsidized Amma Cement scheme in Trichy, reports The Times of India. The sale of the Amma Cement will be expanded to all the 470 godowns of the Tamil Nadu... Type: Article Category: Markets & Competition IndiaÔÇÖs Mangalam Cement to see growth in volumes 06 January 2015 Cement demand is expected to increase in India (CW Group) According to Arihant capital markets, IndiaÔÇÖs Mangalam Cement has a price potential of Rs 429 based on EV/ton of $75, reports Money Control. Mangalam Cement, a BK Birla group company, has an... Type: Article Category: Markets & Competition Cement plant in India to halt operations 06 January 2015 (CW Group) The management of the government cement factory Arasu Cement at Alangulam in Virudhunagar district, Tamil Nadu in India plans to close the production unit, reports The Times of India. The plantÔÇÖs management issued a circular asking its... Type: Article Category: Plant Expansions Cement price hike throws out of gear construction industry in south India 06 January 2015 Many government infrastructure projects slowed {reg}The construction industry in south India has been thrown out of gear by an abnormal 40 percent hike in cement prices, reports The Times of India. While cement prices were standing at INR 245 per 50 kg... Type: Article Category: Volume & Pricing IndiaÔÇÖs Kutch region to have new cement plants 05 January 2015 Investments in the region include large and small sized projects in cement (CW Group) IndiaÔÇÖs Kutch region is expected to attract investments worth Rs 40,000 crore in next 2-3 years, led by both large and small sized projects in the areas of cement,... Type: Article Category: Plant Expansions India launches cement scheme 05 January 2015 Government rolls out subsidized 'Amma cement' (CW Group) IndiaÔÇÖs Tamil Nadu government rolled out the ÔÇÿAmma CementÔÇÖ, where it will sell the key construction component at a subsidized rate, reports The Times of India. According to the scheme, the... Type: Article Category: Markets & Competition Mid-cap cement companies in India poised for strong earnings growth 04 January 2015 Companies to benefit from the improving outlook (CW Group) Mid-cap cement companies in India have more room for upsides, despite the rally seen in CY14, reports Money Control. Led by an improvement in cement demand, cement companies are poised for... Type: Article Category: Markets & Competition IndiaÔÇÖs cement industry expected to recover in 2015 04 January 2015 Cement manufacturers struggled with weak demand in 2014 (CW Group) Cement manufacturers in India expect the market to improve in 2015, reports Live Mint. In 2014, companies struggled with weak demand, as well as excess capacity and falling prices. At... Type: Article Category: Markets & Competition IndiaÔÇÖs Shiva Cement boosts cement and clinker dispatches 04 January 2015 Dispatches grew in April-November (CW Group) IndiaÔÇÖs Shiva Cement has achieved a 31 percent increase in cement and clinker dispatches in April-November 2014 compared to the similar period in 2013, reports Equity Bulls. The companyÔÇÖs shares last... Type: Article Category: Markets & Competition IndiaÔÇÖs Mangalam Cement completes expansion 03 January 2015 Company expanded grinding unit at Morak (CW Group) IndiaÔÇÖs Mangalam Cement completed its expansion of the grinding unit at Morak (Rajasthan) at a capex of INR 500 crore, reports The Hindu Business Line. The 1.25 million tons per year expansion takes... Type: Article Category: Plant Expansions IndiaÔÇÖs infrastructure output growth rate improved in November 02 January 2015 Boost driven by cement production expansion (CW Group) India posted a 6.7 percent gain in annual infrastructure output in November, achieving a five-month high, reports Reuters. The infrastructure output growth improved from the 6.3 percent rate posted... Type: Article Category: Markets & Competition IndiaÔÇÖs JSW Cement moves to increase production by over four-fold 30 December 2014 Company plans to boost production by 2025 (CW Group) With the scope of increasing production by over four-fold, IndiaÔÇÖs JSW Cement is adopting a step-by-step approach, reports The Hindu. The cement manufacturer aims to boost production to 25 million... Type: Article Category: Plant Expansions Stocks of cement companies in India gained sharply 30 December 2014 Demand expected to recover in 2015 (CW Group) Over the past year, stocks of cement companies in India have gained sharply on hopes of a demand recovery, reports Live Mint. They are currently trading at premium valuation, leaving little room for... Type: Article Category: Markets & Competition Funds for IndiaÔÇÖs Mawmluh Cherra Cements salary dues released 29 December 2014 MCCL failed to pay salary to employees since July (CW Group) Part of the pending salary for the employees of IndiaÔÇÖs government-owned Mawmluh Cherra Cements has been released, reports Business Standard. "The government has released about Rs 2.5 crore... Type: Article Category: People Cost competitiveness is the main advantage of IndiaÔÇÖs Orient Cement 29 December 2014 Company posted high increase in sales, EBITDA and net profit (CW Group) IndiaÔÇÖs south-based CK Birla Group cement company enjoys the main advantage of cost competitiveness, with Orient Cement's per ton cement production cost is around 13 percent... Type: Article Category: Markets & Competition India launches campaign to save paper 28 December 2014 Officials asked to write notes on both sides to save paper (CW Group) Labour Department of the Delhi government has asked all its officials, including all deputy commissioners, to write notes on both sides of paper and type in single space, reports... Type: Article Category: India India Cements board approves proposal to raise funds 28 December 2014 500 crore through qualified institutional placements or foreign currency convertible bonds has been approved by the board of India Cements, reports The Financial Express. The move aims to help meet capital expenditure needs. ÔÇ£The Board has approved... Type: Article Category: Financial India Cements to see slight improvement in 2014 28 December 2014 Indian cement industry faced cost pressure (CW Group) N Srinivasan, vice chairman of India Cements, was cautiously optimistic of 2015 after witnessing a difficult year, reports Business Standard. Last year, the companyÔÇÖs operating profit was low due... Type: Article Category: Markets & Competition IndiaÔÇÖs Malabar Cements plans major revamp 26 December 2014 Bulk cement handling unit to be set up at Willingdon Island in Kochi (CW Group) IndiaÔÇÖs Malabar Cements Ltd (MCL) plans a major revamp as the government has accorded sanction to set up a Rs 160 crore bulk cement handling unit at Willingdon Island in... 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