CW Group is excited to announce the publication of a new issue of India Cement & Construction Materials magazine. The 26th issue provides in depth features about trading prices and volumes, based on the Group’s own research, as well as an exclusive story that sheds a new light on public efforts in India and Bangladesh to extend the use of coal-ash. Here are some of the topics covered in the latest edition of the magazine.
- Major infrastructure project delays and a slower growth in the emerging markets this year are likely to impact India’s pricing trend and cement demand going further, according to the 2Q2015 Global Cement Trade Price Report. The story includes developments and forecasts for white and gray cement, as well as slag trading, within the background of the global economic context.
- Another major topic in the current issue is the findings of US researchers, who highlighted the efforts by local governments and non-profit organizations in India and Bangladesh to expand the use of the waste material for ecological brick-making. The feature story details the results of the US study and urges promoters of brick-making to take into account deeper analyses of coal-ash used in producing bricks.
- Yogesh Mehta of Motilal Oswal recommends BUY for UltraTech Cement stocks.
- Rahul Mohindar of viratechindia.com recommends ACC stock as a BUY option.
- Humboldt Wedag India and Humbold Wedag, subsidiaries of KHD Humboldt Wedag, have won contracts valued between EUR 55-65 million for the supply and maintenance of eight slag grinding mills.
- FLSmidth has signed a EUR 57 million contract with D.G. Khan Cement Company for a new cement plant in Pakistan.
Infrastructure and projects
- India’s Gammon India has bagged a road contract worth Rs 1,708 crore from National Highways Authority of India (NHAI) in the state of Jammu & Kashmir.
- The renovation work of the old Delhi-Gurgaon Road will start in the first week of November.
M&A and finance
- The Competition Commission of India has approved Heidelberg Cement's proposed acquisition of Italcementi.
- India-based UltraTech Cement will acquire Jaiprakash’s 2.2 million ton cement plant in Bhilai, Chhattisgarh.
Market and competition
- The Indian cement market recorded stable growth of 5 percent during first six months of 2015.
- Kashmir government ensures the quality and price control of cement.
Projects and expansions
- JSW group’s investment plans of Rs 700 crore for setting up a 2.4-million ton cement-grinding unit in West Bengal, India.
- UltraTech Cement has received MoEF clearance to expand capacity at its Awarpur plant in Maharashtra.
- The Vietnamese cement sector recorded an increase in cement consumption to 46.52 million tons, up by 10 percent.
- The cement market of Kashmir, India is severely affected by shortages of cement.
Volume and pricing
- Cement prices have risen sharply in north India since August 2015 after a dismal first quarter.
Cement exports in Pakistan recorded a 31.54 percent decline to 566,689 tons in August 2015.