Tag South Asia

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.…

Pakistan’s cement dispatch in 11m this year

Pakistan Disp11m CY2023

In Pakistan, this year from January to November, the accumulation cement declined by -1.7% to 42.506 Mt, after 43.318 Mt in the same period last year. In the first 3 quarters in 2023 the cement dispatch declined only with -1.1%,…

Upgrade of Dandot Cement in Pakistan finished

DandotCement1

Sinoma TCDRI finished the 1600 tpd clinker capacity upgrade of the Dandot Cement plant in Lahore, Pakistan. The plant has been operated since 1983 and was supplied by Mitsubishi Heavy Industries (MHI) with a 1000 tpd kiln. The upgrade improves…