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Construction & Infrastructure News

Tanzania plans US$ 9.2 bn in cement investment

January 2017

According to a report, three companies plan to invest as much as US$ 9.2 bn in Tanzanian cement production in projects that could double the nationĀ“s...

Tanzanian cement production, Bagamoyo port development, Crude oil pipeline

Cement firms to sell at lower prices

January 2017

In a significant step towards achieving cost effectiveness of various construction and irrigation projects, the Andhra Pradesh Government has got an ...

Andhra Pradesh Government, CC roads, Housing, Polavaram project, Roads

Forest ministry denies nod for two cement plants

January 2017

The Ministry Of Environment and Forests (MoEF) has put environment clearance for two major industries on hold in Karnataka. According to the ministry...

Ministry Of Environment and Forests, JSW Cements, India Cements

FLSmidth secures contract with Iraq Cement

December 2016

FLSmidth has won a contract worth over US$ 200 mn to construct a 6,000 tpd cement plant in Al Muthana province of southern Iraq....

FLSmidth, Equipment, Al Muthana, Cement Plant

Better profits for North cement makers

December 2016

According to the rating agency ICRA, an uptick in demand in north India followed by strong pricing discipline, resulted in a rebound in cement prices...

ICRA, Cement MAnufactures, North Indian

Telangana State Housing Corporation signs MoU to fix cement price

December 2016

The State Housing Corporation of Telangana has signed an MoU with local producers to fix the price of supplied cement at Rs 230 per bag. The rate inc...

Telangana State Housing Corporation, Transportation, Taxes, Cement

Higher cement prices to aid Ambuja Cements profitability

December 2016

Ambuja Cements' July to September quarter profit is expected to rise 59 per cent on a year-on-year basis to Rs 244 crore, according to estimates. For...

Ambuja Cements, Improvement, Profitability

Grasim net profit up by 51 per cent

December 2016

Grasim Industries has reported 51 per cent increase in consolidated net profit in the September quarter at Rs 846 crore due to higher viscose staple ...

Grasim Industries, Cement Business, Realisation, Viscose Staple Fibre, Taxes, Interest, Depreciation, Amortisation
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