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Adani to enter India cement sector 03 March 2009 Adani Enterprises laid out its entry into the Indian cement sector through a planned 5 mtpa cement and clinker unit in Kutch for an estimated investment of Rs 1800 crore. [$] (CW Group) Adani is currently building a 4.600 MW power project in Mundra... Type: Article Category: Plant Expansions ACC sees robust demand, to go ahead with new plants 03 March 2009 India's ACC reported that cement demand increased in the semi-urban and rural areas of India. ACC also said that it is planning on advancing with capacity expansion plans despite fears of a weakening demand. (CW Group) ACC currently produces 22,4... Type: Article Category: Markets & Competition India production up 9,53% in February 02 March 2009 February cement production in India increased 9,53% to 29,24 million tons with dispatches rising 10,08% to 29,19 million tons versus February 2008. (CW Group) ACC February cement production rose 3% to 1,74 million tons versus 1,69 million tons in... Type: Article Category: Volume & Pricing Larsen & Toubro bags Rs557 crore plant orders in Q4 26 February 2009 as KCP which will be building of a 4.000 tpd greenfield cement plant in Krishna district of Andhra Pradesh, and from Lafarge India for the expansion of a grinding unit at the Jojobera cement plant at Jamshedpur of Jharkhand, reported RTTNews. The... Type: Article Category: Financial India demand rose 8% in Jan 26 February 2009 Indian cement consumption rose 8,0% year-on-year in January 2009, below analyst estimates, on weaker demand in the Southern and Western regions of the country. (CW Group) A week-long truckers strike further halted cement dispatches during the month.... Type: Article Category: Volume & Pricing India demand rose 8% in Jan 26 February 2009 Indian cement consumption rose 8,0% year-on-year in January 2009, below analyst estimates, on weaker demand in the Southern and Western regions of the country. (CW Group) A week-long truckers strike further halted cement dispatches during the month.... Type: Article Category: Shipping & logistics India cement prices to fall on lower excise tax 24 February 2009 India's government reduced excise duty down from 10% to 8% across all industry sectors. The move is expected to lower bulk cement prices by Rs2 to Rs4 per 50 kg. {reg} As part of a stimulus package announced in December, the Indian government cut... Type: Article Category: Volume & Pricing Mysore to boost share capital 24 February 2009 Mysore Cements in India is seeking shareholder-approval to raise the share capital of the company to Rs 336 crore. (CW Group) Mysore Cements needs to increase its authorized share capital in order to issue new shares to its shareholders of Indorama... Type: Article Category: Financial India: Price per bag drops INR3 over last 10 mo's 22 February 2009 PTI reported that the average price of cement in India has fallen to INR 234 per 50-kilo bag in January 2009, down from INR 237 per bag in April 2008. (CW Group) Ashwani Kumar, India's minister of State for Commerce and Industry, said that on average... Type: Article Category: Volume & Pricing Calcom JV digs in with NE India project 22 February 2009 On Saturday, Union Minister for Development of North Eastern Region of India, Mani Shankar Aiyar, laid the foundation stone of a Rs 1500-crore cement operation to be built by Calcom Cement India in a joint venture with the State Government. (CW Group)... Type: Article Category: Plant Expansions Toshali Cement expansion pending approval 18 February 2009 The Rs140 crore expansion of the Toshali Cement plant in Ampavali, India, is said to "remain uncertain". The state is still considering the companyÔÇÖs request for renewal of the rights to mine limestone. (CW Group) Toshali submitted a proposal to... Type: Article Category: Plant Expansions Azerbaijan to build region's largest cement plant 17 February 2009 consulting services on the project in which 10 cement consultants participated. The tender was won by Holtec Consulting of India, which serves as a technical consultant of Norm for project development and the vendor selection process. The Qizildas... Type: Article Category: Plant Expansions Azerbaijan to build region's largest cement plant 17 February 2009 consulting services on the project in which 10 cement consultants participated. The tender was won by Holtec Consulting of India, which serves as a technical consultant of Norm for project development and the vendor selection process. The Qizildas... Type: Article Category: Markets & trade Mysore Cements board ratifies merger 16 February 2009 Mysore Cements of India announced that the Scheme of Amalgamation of Indorama Cement and HeidelbergCement India into Mysore Cements was officially ratified by the company board on Monday. (CW Group) The transaction was was sanctioned by the Bombay High... Type: Article Category: Markets & Competition Fitch reiterates Ambuja Cement rating 11 February 2009 Fitch Ratings affirmed the long-term credit rating of 'AAA(ind)' with a "Stable Outlook" for India's Ambuja Cement on Wednesday. (CW Group) The ratings company also affirmed Ambuja's Long-term debt of INR1,000m at 'AAA(ind)' and Short-term/commercial... Type: Article Category: Financial Khrew Cement plant to be commissioned in March 09 February 2009 The Rs. 87.5 crore Khrew Cement plant in Kashmir, India, currently under construction, has so far seen Rs. 79 crore invested. It is expected to be commissioned in March 2009. [$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to... Type: Article Category: Plant Expansions Himachal gov't making land acquisition to kick-start project 08 February 2009 is advancing with plans for a land acquisition to clear land for a new cement plant near Sundernagar in Mandi district of India. (CW Group) Notification towards land acquisition for setting up the cement plant has been issued, says Onkar Sharma, Deputy... Type: Article Category: Plant Expansions Lanka Cement sees interest from four investors 08 February 2009 alliance with the Kankesanthurai (KKS) Cement Factory, a subsidiary of Lanka Cement (LC) of Sri Lanka. (CW Group) "Ramco India, the Birla Group India, Shanghi Cement India and Cement Italia have expressed interest for a strategic deal with KKS plant," a... Type: Article Category: Mergers & Acquisitions India demand to rise with government programs 07 February 2009 The Indian government's large infrastructure building plans and fundamentally strong housing demand are boosting the demand for cement in India. The total demand is projected to cross 200 million tons by 2010-11. (CW Group) According to RNCOS new... Type: Article Category: Markets & Competition India's ACC sees slowing demand, lower '08 profit 05 February 2009 India's top cement maker ACC on announced a 23% drop in net profit in 2008 on Thursday. The company said a weaker economy is lowering demand and high energy prices hurt demand. ACC also expects demand to slow during 2009. (CW Group) ACC said that it is... 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