RECENT NEWS
Reuters  8 hrs ago  Comment 
Egypt's licensing committee has decided to cancel El Wadi Cement's production licence over start-up delays, and is reviewing four other licences, the head of the Industrial Development Authority said on Sunday.
Wall Street Journal  Nov 22  Comment 
Richard Anderson, chief executive at Delta Air Lines, said the SkyTeam alliance of global carriers would be willing to invest more than $1.02 billion into ailing Japan Airlines as it tries to cement a trans-Pacific partnership.
Business Standard  Nov 20  Comment 
Rises only 2% from Q1, with cement, oil & gas, power, telecom all holding back.
Reuters  Nov 19  Comment 
Egypt's Suez Lime Company, a venture involving Suez Cement, will build a lime manufacturing plant that will make 300 tonnes of lime daily when its first kiln opens in 2011, Suez Cement said on Thursday.
Business Standard  Nov 18  Comment 
Due diligence of the project has been completed and we expect to achieve financial closure by the first week of January.
Sydney Morning Herald  Nov 18  Comment 
Wallabies great Matt Burke has urged Adam Ashley-Cooper to make a stand and ditch his utility tag to cement his position as Australia's premier fullback.
Business Standard  Nov 17  Comment 
Land acquisition issues have halted the pace of North-based Shree Cement in its aim to become a pan-India player.
INVESTORS PLEASE LISTEN !  Nov 17  Comment 
n          Under the restructuring proposal of its cement business (where Grasim will first hive off its cement assets into Samruddhi Cement Ltd (SCL) and eventually merger it with that of Ultratech cement (Ultratech)), the board of...
The Economic Times  Nov 16  Comment 
The swap ratio announced by the boards of Ultratech Cement and Samruddhi Cement was broadly in line with analyst expectations with Grasim as a holding company, directly controlling 60.3% stake in the pure play cement entity.
Business Standard  Nov 16  Comment 
My Home Industries Limited is planning to increase its cement production capacity to 10 million tonnes over the next five years from the present 4.5 million tonnes.
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Besides producing cement, many of these companies produce ready-mix concrete, asphalt, aggregates, and concrete structures. Cement industry is local in nature, because the weight to value ratio of cement and other building materials is relatively low.

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