Category Blog

Your blog category

Recovery from production decline in Kazakhstan

Kazakhstan Pro 11m 2023 1

In Kazakhstan, in the period from January to November 2023, 11.576 Mt of cement have been produced. This is a decline by -0.4% YoY. However after the first 3 quarters this year the decline has been still -2.0%. In November…

India’s ACC bought remaining 55% stake in ACCPL

ACCPL Navagarh

India’s ACC Limited, which belongs to the Adani Group, acquired the final 55% stake in Asian Concretes and Cements Private Ltd. (ACCPL, former ACL) at an Enterprise Value (EV) of Rs. 7.75 bn (US$ 93.2m) resulting in the entire ownership…