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Cement Industry News

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Amid poor demand, rising input costs catapult cement prices to all-time high

Monday 28th Nov 2011 1355

Mumbai : Cement prices have shot up 10 per cent since September-end to an all-time high of Rs 280 per 50-kg bag.

Prices rose six per cent last month, from Rs 255....

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H&R Johnson India acquires 50 percent in Small Tiles

Wednesday 23rd Nov 2011 1370

Mumbai : H&R Johnson (India), a division of Prism Cement Limited and the world’s 7th largest tile company has entered into a joint venture with Small Tiles Pvt Ltd, a manufacturer....

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Hinduja Foundries to come out with Rs 125-cr rights issue

Monday 21st Nov 2011 1360

Chennai : Hinduja Foundries is planning to come out with a Rs 125-crore rights issue even as the the country’s largest casting maker is facing delay in its proposed plant at....

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SunEdison to get over Rs 500-cr funds for solar projects

Saturday 19th Nov 2011 1355

New Delhi : Solar energy services provider SunEdison has secured funds worth $110 million (over Rs 500 crore) for solar projects in Gujarat and Rajasthan.

The entity, a part of US-based MEMC Electronic....

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India Cements captive mine to be ready by Jan

Thursday 17th Nov 2011 1358

Chennai : ndia Cements has acquired a coal mine in Indonesia, which is expected to go on stream by January 2012, for $20 million. The company is also in the process....

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India Cements captive mine to be ready by Jan

Wednesday 16th Nov 2011 1359

Chennai : India Cements has acquired a coal mine in Indonesia, which is expected to go on stream by January 2012, for 20 million dollar. The company is also in the....

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India Cements turns around Q2 net at Rs 70 cr

Tuesday 15th Nov 2011 1363

Chennai : India Cements today reported net profit at Rs 69.70 crore for the second quarter ended September 30.

The company reported net loss at Rs 33.63 crore during the same period....

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Jaypee Cement's Dalla clinker unit awaits green clearance

Saturday 12th Nov 2011 1349

Kolkata : Jaypee Cement, the cement manufacturing arm of Jaiprakash Associates (JPA), is seeing a delay in the commissioning its two-million tonne clinker unit in Uttar Pradesh.

“The plant was scheduled to....

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JK Cement to set up Rs 750-cr plant in UAE

Saturday 12th Nov 2011 1359

New Delhi : JK Cement today said it would invest over Rs 750 crore to set up a white cement plant in the United Arab Emirates, through a subsidiary, with capacity to....

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Raheja Developers inks a joint venture with Arabtec

Friday 11th Nov 2011 1361

New Delhi : In a landmark deal, Raheja Developers, Delhi has inked a $ 204 million (about Rs 1,020 Cr) contract with Dubai-based Arabtec construction company that built the tallest tower in....

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