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Holcim México inaugurates new Umán grinding unit cemnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cemnet.com Daily Mail and Mail on Sunday newspapers.
Penna Cement files for US$212m initial public offering Written by Global Cement staff 17 May 2021 India: Penna Cement has filed for an initial public offering (IPO) worth US$212m. It plans to offer US$34m-worth of shares for sale and to issue equity shares worth US$177m. United News of India has reported that part of the money raised will fund capital expenditure (capex) investments worth US$58m. The company’s plans consist of a second line at its Krishnapatnam grinding plant in Andhra Pradesh, an upgrade of raw materials and clinker grinding at its integrated Talaricheruvu plant in Andhra Pradesh, and new waste heat recovery (WHR) units at its Talaricherevu plant and its integrated Tandur plant in Telangana. It additionally plans to repay previous loans. ....
Karnataka government approves Shree Cement's Doddaballapur grinding and bagging plant plans - Cement industry news from Global Cement globalcement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcement.com Daily Mail and Mail on Sunday newspapers.