RECENT NEWS
BBC News  6 hrs ago  Comment 
Lack of competition in the UK cement market is costing consumers millions of pounds, the Competition Commission says.
The Hindu Business Line  6 hrs ago  Comment 
Heidelberg Cement India today decided to sell its 0.6 million tonnes per annum (mtpa) cement grinding facility in Raigad to JSW Group “as a going concern on slump sale basis” for an undisclosed su...
The Hindu Business Line  May 20  Comment 
Achieves highest-ever cement production, despatches
The Economic Times  May 17  Comment 
Shares of cement makers rose by nearly 3 per cent after the COMPAT ordered 11 companies to deposit Rs 630 crore as it hears their appeal against a record amount of penalty imposed by competition watchdog CCI last year.
The Hindu Business Line  May 17  Comment 
The Hindu Business Line  May 17  Comment 
The Competition Appellate Tribunal today directed cement companies to pay 10 per cent of a Rs 6,307-crore penalty imposed on them by fair trade regulator CCI for forming a cartel in the sector.
The Economic Times  May 17  Comment 
"Ambuja Cement is a buy call with a target of Rs 198 and a stop loss of Rs 189.50."
Reuters  May 17  Comment 
REUTERS - Shares in cement companies such as Ambuja Cements Ltd gain on hopes a regulatory tribunal may rule in their favour as they challenge price collusions charges from the Competition Commission of India.
The Hindu Business Line  May 16  Comment 
Co-generation of power through waste-heat recovery process in cement plants should be given renewable energy status, according to N. A. Vishwanathan, Secretary-General, Cement Manufacturers Associ...
Reuters  May 16  Comment 
Norway's Aker Solutions has won a contract to make the world's first tests for capturing emissions of carbon dioxide from cement factories as part of efforts to slow climate change, the company said on Thursday.     




 

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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