Cement News tagged under: UltrTech Cement
UltraTech agrees to acquire India Cements grinding facility23 April 2024, Published under Cement NewsIndia’s leading cement producer, UltraTech Cement , has agreed to purchase a 1.1Mta grinding facility in Parli in Maharashtra for INR3.15bn (US$37.8m) from India Cements Limited . UltraTech, a subsidiary of the Aditya Birla Group, will also invest INR5.04bn to expand its total capacity by 3Mta, including the Parliament facility. The acquisition of the facility, as part of an asset purchase agreement, includes a captive railway siding. The company has stated that purchase will help ... |
Page
1
of
1
1