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ACC says India may see consolidation 17 March 2009 there will be 10-15 million tons surplus capacity this year. This will put pressure on prices," DattaGupta said. ACC and Ambuja Cements, also controlled by Holcim, account for a fifth of India's 207 million tons annual cement capacity. Together, they... Type: Article Category: Markets & Competition India production up 9,53% in February 02 March 2009 08. For the same period, its dispatches rose 3,5% to 1,75 million tons versus 1,69 million tons, Money Control said. Ambuja Cements production in February rose 12% 16,09 million tons versus 14,39 million tons. For the same period, dispatches rose 11% to... Type: Article Category: Volume & Pricing India cement prices to fall on lower excise tax 24 February 2009 across board which reduced the duty on 50-kg cement bags to 8% and on bulk cement to 10%. A.L. Kapoor, Managing Director, Ambuja Cement, said "the duty on bulk cement will now come down to Rs 230 a tonne from Rs 290 a tonne. Bulk cement constitutes less... Type: Article Category: Volume & Pricing Fitch reiterates Ambuja Cement rating 11 February 2009 Fitch Ratings affirmed the long-term credit rating of 'AAA(ind)' with a "Stable Outlook" for India's Ambuja Cement on Wednesday. (CW Group) The ratings company also affirmed Ambuja's Long-term debt of INR1,000m at 'AAA(ind)' and Short-term/commercial... Type: Article Category: Financial December demand rose 12,7% in India 12 January 2009 volumes of the top five Indian companies for December 2008 increased by 11,6% y-o-y, on strong growth figures from ACC and Ambuja. ACCÔÇÖs robust growth was a result of the base effect (December 2007 decline of 4,8% y-o-y). Aggregate YTD dispatch... Type: Article Category: Volume & Pricing Ambuja shipments up 12% in Oct 03 January 2009 Holcim-controlled Ambuja Cements, India's third-largest cement maker, said on Saturday that its shipments for December 2008 rose 11,8%. (CW Group) Dispatches for the month amounted to 16,62 million tons from 14,86 million a year earlier, Reuters... Type: Article Category: Volume & Pricing JK Cement considering 6 mpty plant 22 December 2008 (CCI) already has a 1 million ton per year cement plant operating in the area. ACC has a 4 million ton unit at Barmana and Ambuja Cements a 1,6 million ton unit at Dharalghat. Ambuja Cement is adding to capacity by setting up an additional 2 million ton... Type: Article Category: Plant Expansions Ambuja Cements sees India prices fall 5-10% 11 December 2008 Mr. AL Kapoor, MD, Ambuja Cements, said the company has lowered cement prices by Rs 5-9 per bag. "Going forward, prices will go down by another 5-10%." (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to... Type: Article Category: Volume & Pricing Lower shipping rates benefit Indian cement producers 01 October 2008 bit of relief as the cost of shipping coal falls. Benefits expected to be seen in the next two to three months. (CW Group) Ambuja, Grasim, UltraTech, Madras Cements, India Cements and Binani will be among the beneficiaries as their coal requirement is... Type: Article Category: Financial Lower shipping rates benefit Indian cement producers 01 October 2008 bit of relief as the cost of shipping coal falls. Benefits expected to be seen in the next two to three months. (CW Group) Ambuja, Grasim, UltraTech, Madras Cements, India Cements and Binani will be among the beneficiaries as their coal requirement is... Type: Article Category: Shipping & logistics Ambuja to expand captive power capacity 30 September 2008 Ambuja Cement is planning on investing Rs 1.600 crore to build dedicated 200 MW power generating capacity. (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Based in Punjab,... 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