Cement

Our approach was unconventional but effective: we introduced a floating terminal-BUA CEMENT I, which is a cement factory built into a large ship, as a stopgap while we were working on securing our land-based cement plant.

There are other cement plants in the Northeast and in Canada which can supply cement to businesses in Maine, but several construction and concrete businesses here depend on Dragon’s cement.

This ambitious project positions Mangal Cement as a significant new competitor in the Nigerian cement industry, challenging established giants such as Dangote, BUA, and Lafarge Cement.

Through recent investments, Dangote Cement has eliminated Nigeria’s dependence on imported cement and has transformed the nation into an exporter of cement serving neighbouring countries.

Its wholly-owned subsidiary UltraTech Cement Middle-East Investments divested its entire shareholding in Emirates Cement Bangladesh and Emirates Power Company to Heidelberg Cement Bangladesh at an enterprise value of $30 million.

Last week, there was a rally in cement stocks when India’s largest cement maker UltraTech Cement Ltd posted robust quarterly results.

Dalmia Bharat had emerged as the top bidder for acquisition of assets of Binani Cement, but subsequently UltraTech Cement, which was the second highest bidder, came back with a revised higher offer, backed by original promoters of Binani Cement.

However, Aspdins' cement was nothing like modern Portland cement but was a first step in its development, called a proto-Portland cement.

James Frost is reported to have erected a manufactory for making of an artificial cement in 1826. citation In 1843, Aspdin's son William improved their cement, which was initially called "Patent Portland cement", although he had no patent.

Portland cement main Portland cement is by far the most common type of cement in general use around the world.

In 1999, Cementos Portland Valderrivas became the sole owner of Dragon Cement Company and Coastal Cement Corporation.

Punnose John Zonal Head-Technical Customer Solutions Ultra Tech Cement Limited gave a brief profile of Ultra Tech Cement through a power presentation.

According to him, the initiative has attracted the participation of banks and institutions like HDFC Limited, ICICI Bank, Federal Bank and construction related companies such as Ultratech Cement and JK Cement among a host of others.

He added: “It’s like being in cement, you’ve got cement shoes.

He expressed his displeasure at the position of the Cement Manufacturer Association of Nigeria (CEMAN), saying the association “does not interfere with the pricing of cement”.

Joshi said he had put up a proposal for investing Rs 3,000 crore to set up a cement plant near captive power plant in Neemuch district to generate three million tonnes of cement every year.

Members of the House of Representatives, who visited Dangote Cement Plc in Obajana, Kogi State, recently, noted the economic impact the company had made in Nigeria’s cement sector.

The manufacturers identified cost of gas, high import duty on spare parts, bad road network, high foreign exchange rate and the smuggling of cement across borders as factors responsible for the hike in price of cement.

We are talking of greener replacements for cement (including for green cement) and super insulation materials (SIM).

Aditya Birla flagship UltraTech, Nuvoco Vistas (formerly Nirma Cement), a LafargeHolcim company and were in the race for taking over the 8-million tonne capacity cement business of Emami Group.