In the last few years, many new corporates have entered the cement arena. Even the entities, which have no synergies with steel or power, are trying to get a foothold in the cement industry. The new entrants include diversified industrials as far apart as oilseeds, fast-moving consumer goods and shipyards.

Cement companies have recovered from the shock of demonetisation much earlier than expected. Management commentary and results for the December-ended quarter show that the impact of demonetisation was not as severe as anticipated.

Shree Cement Ltd, one of India´s leading cement manufacturers, has won the prestigious ´Excellence Award Under Cement Industry´ (SCALE) given out by CII on December 16, at New Delhi.

Shree Cement Ltd has submitted a preliminary offer to buy a majority stake in Odisha-based Shiva Cement Ltd, two people aware of the development said.

A petitioner alleges that cement makers were violating the NGT order by overloading trucks with cement and clinker to save on toll.

Shree Cement emerged as the highest bidder for Karhi Chandi limestone block at 58.95% of the IBM price. Shree Cement Ltd. won the first-ever non-coal mining lease allocated through the auction route, reports a financial newspaper.

Gebr. Pfeiffer , living to its core philosophy and tradition, developed & launched MVR type Vertical Roller Mill for large to extra large capacity single mill solutions with active redundancy features for highest level of availability. For it´s technological features Pfeiffer MVR mills are finding wide acceptance across the globe and especially in India. Partial list of installations illustrated below

ABG Group is diversifying its business into cement, power segment, and for this purpose started two companies called ABG Cement Ltd. and ABG Energy Ltd. respectively. The company has adequate financial resources for this business

Shree Cement will be setting up a 3 mtpa cement grinding mill at Odapada in Dhenkanal district with an investment of Rs 452.55 crore.