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Latest Articles in cement

Competition Tribunal Halts Lafarge India Sale

LafargeHolcim said in February it was considering a divestment of its interest in Lafarge India, which has an annual capacity of 11 million tonnes

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UltraTech Buys Jaiprakash Cement Plants In New $2.4 Billion Deal

Under the revised deal, UltraTech will buy 21.2 million tonnes of cement capacity from Jaiprakash as the companies have mutually agreed to exclude a 1.2 million tonnes a year plant in Karnataka

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UltraTech Buys Jaiprakash Cement Plants For Rs 16,500 Crore

The deal will increase India's biggest cement maker's installed capacity by one-third to 90.7 million tonnes annually, and provide infrastructure firm Jaiprakash with much-needed relief to pare its debts

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UltraTech Scraps Plan To Buy Jaiprakash Cement Plants

The Bombay High Court said that amendments to Indian mining and mineral laws mean that only the transfer of mines granted through an auction process could be approved, making the Jaiprakash deal impossible, UltraTech said

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LafargeHolcim Gets Revised Divestment Order In India

It said last week it was reviewing its divestment plan in India after talks with Birla Corporation Limited for the sale of the Jojobera and Sonadih cement plants in Eastern India fell through

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Reliance Infra To Trim Debt By Cement Business Sale

The group has been restructuring its businesses in line with its longer-term strategy of increasing focus on defence, and allying with Reliance Jio in telecom space

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Reliance Infra To Sell Cement Plants To Birla For Rs 4,800 Crore

Reliance Infrastructure's cement arm has plants with total installed production capacity of 5.8 million tonnes per year

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LafargeHolcim Considers Revised Divestment Plan In India

LafargeHolcim is considering a divestment of its interest in Lafarge India with an annual cement capacity of around 11 million tonnes

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Birla Plans Legal Action After Deal With Lafarge Unit Falls Through

The deal to acquire the two plants would have taken Birla Corp's cement production capacity to over 15 million tonnes per annum, with a strong presence in the eastern part of India, up from about 10 million tonnes now.

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