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IndiaÔÇÖs Jaiprakash Cement signs an agreement with Shree Cement 07 January 2016 The company plans to sell its stake in Jaypee Bhilai plant to Shree Cement (CW Group) India-based Jaiprakash Cement has signed an agreement with Shree Cement to divest its stake in the 2.1 million tons Bhillai Jaypee Cement, reports The Times of India.... Type: Article Category: Mergers & Acquisitions UltraTech Cement, Dalmia Bharat, Shree Cement approached to take over cement business in India 28 December 2015 Jaypee Group's plans to sale cement business gather momentum (CW Group) UltraTech Cement, Dalmia Bharat and Shree Cement are among prospects approached to take over the Jaypee Group's cement business, reports The Economic Times. Jaypee Group's 20... Type: Article Category: Mergers & Acquisitions IndiaÔÇÖs Shree Cement to acquire JaypeeÔÇÖs cement assets 04 December 2015 The company is planning to up its market share in Madhya Pradesh (CW Group) India-based Shree Cement is planning to acquire Jaypee CementÔÇÖs plantsÔÇöBhilai Jaypee CementÔÇöin Bhillai, Madhya Pradesh, India, report The Economic Times. The former has... Type: Article Category: Markets & Competition IndiaÔÇÖs Shree Digvijay Cement names CEO & Whole-time Director 01 November 2015 KK Rajeev Nambiar takes over position from Chain Singh Jasol (CW Group) IndiaÔÇÖs Shree Digvijay Cement Company appointed KK Rajeev Nambiar, current CEO, as Whole-time Director to be designated as CEO & Whole-time Director of the company, reports Live... Type: Article Category: People Indian cement sector sees upsurge in cement prices 23 September 2015 by INR 40- INR 60 a bag in Rajasthan and Punjab amongst other regions. Many large Indian cement companies, including Shree Cement, JK Lakshmi Cement and JK Cement,m will benefit owing to regional concentration in north, even as pan-India players such as... Type: Article Category: Volume & Pricing India: Shree Cement boosts cement volumes 06 August 2015 Shree Cement posted better-than-expected realizations in Q2 (CW Group) Indian cement maker Shree Cement posted better-than-expected realizations in the cement segment for the June quarter, reports Business Standard. Shree CementÔÇÖs operating profit of... Type: Article Category: Financial Shree Ajit Pulp & Paper achieves full production 04 August 2015 Shree Ajit Pulp & Paper produces kraft paper (CW Group) IndiaÔÇÖs Shree Ajit Pulp & Paper achieved 100 percent of its monthly installed capacity of production during the month of July, 2015, reports Live Mint. Shree Ajit Pulp & Paper produced 7,494... Type: Article Category: India India: Cement sector remains under pressure 09 July 2015 put at seven per cent. At least a growth equivalent to the GDP is needed,ÔÇØ said H M Bangur, chairman & managing director, Shree Cement. June is expected to be much better in terms of growth rates, as Bangur expects growth of 4-5 percent since demand... Type: Article Category: Markets & Competition Tough year for north Indian cement market in FY16 21 June 2015 North India has an installed capacity of 87 million tons as of the end of FY15 with Rajasthan accounting for 54 percent. Shree Cement is the market leader, followed by UltraTech, Jaypee and Ambuja. Other relatively large producers are Binani Cement, JK... Type: Article Category: Markets & Competition IndiaÔÇÖs Shree Cement commissions clinker manufacturing unit 01 June 2015 near Raipur in Chhattisgarh. The cement mill section of the same plant had already been commissioned in February 2014. Shree cement is the leading cement manufacturer in North India, having begun operations in 1978. The company has operations in Beawar,... Type: Article Category: Volume & Pricing Shree Cement completes acquisition of grinding unit in India 30 April 2015 Shree Cement boosts production capacity (CW Group) Shree Cement acquired a cement grinding unit of Jaiprakash Associates situated at Panipat, the acquisition being consummated on April 27, 2015 for an aggregate consideration of Rs 358.22 crore, reports... Type: Article Category: Mergers & Acquisitions Sale of cement grinding unit in India concluded 28 April 2015 (CW Group) IndiaÔÇÖs Jaiprakash Associates has concluded the sales of its cement grinding unit at Panipat in Haryana to Shree Cement at a consideration of Rs 358.22 crore, reports Live Mint. The grinding unit sold to Shree Cement has a production... Type: Article Category: Mergers & Acquisitions Large cement companies in India could opt to expand inorganically 01 April 2015 and a realization of Rs 300 per 50 kg bag. Large-sized cement companies such as Ultratech Cement, ACC, Ambuja Cement and Shree Cement could opt to expand inorganically since it will save more than six years of gestation period for them. Copyright CW... Type: Article Category: Markets & Competition Cement companies in India are on the lookout for acquisitions 19 March 2015 which is IndiaÔÇÖs largest cement firm with a capacity of 60 million tons per year, also continues to be on the lookout. Shree Cement will look to add further capacity based on their prospective limestone mining leases, while Heidelberg would like to... Type: Article Category: Mergers & Acquisitions Indian cement companies could benefit if Holcim-Lafarge merger crumbles 17 March 2015 last year with Lafarge and wanted a re-negotiation came as a relief for Indian cement companies such as┬á UltraTech and Shree Cement that would have faced competition from the merged Holcim-Lafarge, reports Business Standard. If the merger were to be... Type: Article Category: Mergers & Acquisitions Stocks of Indian cement manufacturers fall 26 February 2015 been hiked by 2.7 percent on transport of cement. ACC stock fell 1.04 percent, UltraTech CementÔÇÖs shed 1.61 percent, while Shree Cement was down 1.69 percent. furthermore, Ambuja Cements dropped 0.49 percent. Copyright CW Group. All rights reserved.... Type: Article Category: Markets & Competition Stocks of cement companies in India rose 25 February 2015 Standard. ACC posted a 1.33 percent increase, Ambuja Cements was up 1.2 percent and UltraTech Cement rose 1.33 percent. Shree Cement dropped 0.33 percent, while Grasim Industries declined 0.09 percent. Finance Minister Arun Jaitley presents Union Budget... Type: Article Category: Markets & Competition Cement makers in India reverse price increases 22 February 2015 good quarter, but not this time. Pricing is weak, specifically in north IndiaÔÇØ, said Prashant Bangur, whole-time director, Shree Cement Ltd. Cement manufactures in North India, and also in eastern, central and western markets, have rolled back price... Type: Article Category: Volume & Pricing IndiaÔÇÖs Shree Cement reports DecemberÔÇÖ14 quarter performance 04 February 2015 Company posts volume growth and softer cement realization (CW Group) IndiaÔÇÖs Shree Cement reported its DecemberÔÇÖ14 quarter performance, with volume growth and softer cement realization, reports Business Standard. The companyÔÇÖs revenue in the... Type: Article Category: Financial CCI to have its decision on Holcim, Lafarge merger this month 21 January 2015 and Holcim had said that they would continue to face aggressive competition from Indian cement makers such as UltraTech, Shree Cement and Jaypee at a pan-India level, Economic Times reported. Copyright CW Group. All rights reserved. Unauthorized... 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