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Assuming cements is required, the following 1228 results were found.

  1. India Cements sees change at the top

    India Cements vice-chairman and managing director Mr. N Srinivasan has acquired the stake held by his brother Mr N Ramachandran. (CW Group) As a result, Mr Ramachandran,who was executive director, has resigned from India Cements' board. He is no longer...

    • Type: Article
    • Category: People
  2. Dalmia to add 35 million tons of capacity

    enough on our plate to concentrate on.ÔÇØ Dalmia Cement is the second largest producer of cement in India, following India Cements Ltd. The company plans to add the 35 million tons of capacity by the year 2020. Added to the current capacity of 13.5...

    • Type: Article
    • Category: Plant Expansions
  3. Strabag Hungary plant gets ok

    to access is only available to paid subscribers.","link":"1"}] The government decided to support Strabag-controlled Nostra Cements HUF 800 million cement plant and quarry projects, Index reported. The plant will be ready in the summer of 2010 have an...

    • Type: Article
    • Category: Plant Expansions
  4. Shree Digvijay sees increase in net profits

    used for making railways sleepers. We also make PPC cement that is a bit fly ash. So, the volumes of these special cements have increased where the profitability is slightly higher and that has really contributed to our profitability.ÔÇØ The company has...

    • Type: Article
    • Category: Mergers & Acquisitions
  5. Foreign co's up stakes in Indian cement industry

    industry and have increased their holdings in the sector. In particular, FIIs have increased their stakes in ACC, Ambuja Cements, UltraTech, Grasim, and Shree Cement, according to the Business Standard. All of these companies have a higher exposure in...

    • Type: Article
    • Category: Mergers & Acquisitions
  6. ICL buys Indo Zinc to access limestone

    A subsidiary of India Cements acquired an additional 39.84% stake in Indo Zinc to gain access to a limestone reserve in Rajasthan. (CW Group) As a result, ICL Financial Services, a wholly-owned subsidiary of India Cement, will see it stake in Indo Zinc...

    • Type: Article
    • Category: Mergers & Acquisitions
  7. Cemex UK tests new bulk transport system

    will transport pulverised-fuel-ash (P-FA) from the West Burton power station to Tilbury, UK, for the production of blended cements. Cemex said that the bulk-transport Iso-veyors were previously used by the company to transport materials to T5 at...

    • Type: Article
    • Category: Equipment
  8. Yamama buys stake in Yemeni

    of understanding with the Yemeni company. The final agreement is to be confirmed with the approval of Yemeni Saudi Cements shareholders at a general shareholder meeting, Maktoob reported. Yemeni Saudi Cement is said to be looking to start trial...

    • Type: Article
    • Category: Mergers & Acquisitions
  9. Brick, gravel prices soar in Nepal, cement stable

    suppliers have also raised the prices of Indian cement marginally by Rs 15 per 50kg sack over the past one week. ÔÇ£Indian cements are now sold at Rs 715 per sack,ÔÇØ said Chalise. Despite the price hike, Indian cements are still cheaper than cements...

    • Type: Article
    • Category: Volume & Pricing
  10. India Cements net falls, to raise capital

    India Cements reported that gross turnover rose to Rs.3,954.53 crore, but profit after tax fell 32% to Rs.432.18 crore even as cement prices rose. (CW Group) Addressing a press conference on Saturday, N. Srinivasan, Vice-Chairman and Managing Director,...

    • Type: Article
    • Category: Financial
  11. India cement co's argue against excise tax reinstatement

    price for cement nationally is Rs 245-248 per bag, the Business Standard said. Amrit Lal Kapur, managing director, Ambuja Cements, said to the newspaper, ÔÇ£The government needs to realise that many infrastructure projects are yet to pick up despite the...

    • Type: Article
    • Category: Markets & Competition
  12. India: "Cement valuations unjustified"

    all treated the same. However, Mr. Srivastava commented that there are differences between companies. For example, Shree Cements is focusing its operations in the north and east of India. The south of India is the focus of India Cements. These companies...

    • Type: Article
    • Category: Financial
  13. Ambuja predicts 10% increase in demand in FY10

    by 10%, according to Al Kapoor, Ambuja Managing Director. (CW Group) According to Al Kapoor, Managing Director of Ambuja Cements, the demand in South and Central India is growing, which, in turn, will lead to a 10% demand for Ambuja Cements, reports...

    • Type: Article
    • Category: Markets & Competition
  14. India cement sales rise in May

    at Birla increased 20% to 3.24 million tons during the month. Shipments at India's third-largest manufacturer, Ambuja Cements, rose 8.3% year-on-year, while Shree Cement saw a 32.1% growth during the month. Ambuja Cements, which is a strong player in...

    • Type: Article
    • Category: Markets & Competition
  15. India's cement industry looking for support in next budget

    duties on power tariff, sales tax, royalty and cess on limestone, coal and gypsum, the newspaper wrote. ACC and Ambuja Cements have said that the lower price from an abatement would be passed on to consumers. Amrit Lal Kapur, managing director of Ambuja...

    • Type: Article
    • Category: Markets & Competition
  16. Madras Cement profits down 11%

    Madras Cements reported an 11% decline in net profit for the fiscal year ended March 31, 2009, as compared with the previous year on a "steep increase in the price of coal." (CW Group) Power cuts in the Tamil Nadu also resulted in the company "not...

    • Type: Article
    • Category: Financial
  17. Grasim expects higher vols, will cut cost

    "We will continue to grow volumes faster than the industry," he said on Wednesday. Grasim, along with unit Ultratech Cements, reported a fall in Q1 profit of 5% to 5,69 billion rupees ($120 million) on higher raw material costs and higher depreciation...

    • Type: Article
    • Category: Financial
  18. Grasim expects higher vols, will cut cost

    "We will continue to grow volumes faster than the industry," he said on Wednesday. Grasim, along with unit Ultratech Cements, reported a fall in Q1 profit of 5% to 5,69 billion rupees ($120 million) on higher raw material costs and higher depreciation...

    • Type: Article
    • Category: Shipping & logistics
  19. Production surplus in India drives down margins

    Business Standard, the quarterly surplus in India could be as high as 8 million tons. Managing Director Al Kapur of Ambuja Cements stated, ÔÇ£there will be a supply overage. When you compete on a quarter by quarter basis, the figure looks high.ÔÇØ...

    • Type: Article
    • Category: Markets & Competition
  20. Holcim net plummets

    CHF 4,523 billion and operating EBITDA declined by 33,7% to CHF 763 million. The two Indian Group companies ACC and Ambuja Cements increased their sales of cement significantly in all areas. In Europe, the collapse of the housing market in Britain and...

    • Type: Article
    • Category: Financial

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