Tag India

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…

Sagar Cement plans a capacity of 20 Mta by 2035

SagarCement Mattampally3Mt 1

With the acquisition of Andrah Cement a year ago, India’s Sagar Cement increased their clinker capacity to 6.4 Mta and cement capacity to 10.85 Mta. By 2035 the capacity shall be increased to 20 Mta, through inorganic and organic growth.…

JK Lakshmi Cement will setup a calcined clay production

JK Jaykaypuram New 1

In India, JK Lakshmi Cement is the frontrunner in calcined clay for the production of LC3 cements. The company has suitable clay deposits in Pali, Rayasthan, which have been tested for several years. According to JK’s commitment towards sustainability it…