JK Cement shares deal

Materials washing specialist CDE is to create 110 new jobs over the next six years as part of a £6.8million (€8.65 million) investment into the business.

Northern Ireland-headquartered CDE designs and manufactures materials washing and classification equipment with applications in a variety of sectors: sand and aggregates, construction waste recycling, mining, specialist industrial sands and environmental. Its regional office network has a presence in Kolkata (India), Sao Paulo (Brazil) and Cary (North A

Cement demand in India remains low with cement output only expanding by 1.8% from April to August 2015, compared to the same period of 2014. Industry experts believe demand for the material is lacking due to small government investment, weak housing demand, and a shortage of rains that reduces rural purchases.

Despite reduced demand, the price of cement in India’s northern region has increased in recent weeks by between 8% and 10% or INR 25 (US$ 0.38) and INR 30 for each 50kg bag. For some states like P

JK Lakshmi Cement’s Udaipur Cement Works is a key site within the cement production hotbed of Rajasthan, North India. Partha Pratim Basistha visited the facility which is benefiting from fresh investment to meet India’s rising cement demand. The picturesque North India state of Rajasthan is known for its rich medieval history. This is manifested in its architecturally stunning forts and palaces, as well as its beautiful lakes, making the area a global tourist attraction. However, beyond this, the state is