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Latest Articles in Cement

Ambuja Cements First-quarter Profit Jumps Four Fold On Higher Sales Volume

Ambuja Cements, part of global conglomerate LafargeHolcim, reports an over four-fold surge in first-quarter net profit, as higher cement sales volume and favourable pricing offset rising costs

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ACC Q1 Profit Beats Estimates On Higher Cement Sales Volume

India’s ACC Ltd, a unit of the world's largest cement maker, Lafargeholcim Ltd, reported a 9 per cent fall in its first-quarter net profit, but beat analysts' expectations, helped by stronger cement sales volume

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Union Budget 2017: Confidence-Boosting Measures Needed

Impressive steps have been taken by the cement industry in enhancing its environment friendliness and India has amongst the lowest carbon footprints in the world. The government would do well to encourage this process

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Emami Plans 15-20 MTPA Cement Capacity In Five Years

Emami Cement, which began operations at its integrated cement manufacturing plant in Chattisgarh in July this year, is expecting to clock revenues of around Rs 500 crore for a full year of operations ending March 2017

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Nirma In The Top 6 With Lafarge's Assets Worth $1.4 Billion

The purchase of Lafarge's assets will enable Nirma to diversify its business and enter the sector with a strong presence

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Nirma To Buy Lafarge India Assets From LafargeHolcim For $1.4 Billion

The deal, the proceeds of which will be used to pay down LafargeHolcim's debt, is subject to approval by the Competition Commission of India

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Competition Tribunal Halts Lafarge India Sale

LafargeHolcim said in February it was considering a divestment of its interest in Lafarge India, which has an annual capacity of 11 million tonnes

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UltraTech Buys Jaiprakash Cement Plants In New $2.4 Billion Deal

Under the revised deal, UltraTech will buy 21.2 million tonnes of cement capacity from Jaiprakash as the companies have mutually agreed to exclude a 1.2 million tonnes a year plant in Karnataka

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UltraTech Buys Jaiprakash Cement Plants For Rs 16,500 Crore

The deal will increase India's biggest cement maker's installed capacity by one-third to 90.7 million tonnes annually, and provide infrastructure firm Jaiprakash with much-needed relief to pare its debts

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UltraTech Scraps Plan To Buy Jaiprakash Cement Plants

The Bombay High Court said that amendments to Indian mining and mineral laws mean that only the transfer of mines granted through an auction process could be approved, making the Jaiprakash deal impossible, UltraTech said

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LafargeHolcim Gets Revised Divestment Order In India

It said last week it was reviewing its divestment plan in India after talks with Birla Corporation Limited for the sale of the Jojobera and Sonadih cement plants in Eastern India fell through

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Reliance Infra To Trim Debt By Cement Business Sale

The group has been restructuring its businesses in line with its longer-term strategy of increasing focus on defence, and allying with Reliance Jio in telecom space

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