Cement News tagged under: Dalmia Bharat Enterprises
India: Dalmia in Bengal30 June 2016, Published under Cement NewsDalmia Bharat is planning to further increase its presence in Bengal, India. The company has been present in the region for the last two years through its cement unit near Salboni. The unit was set up through OCL India Ltd, an associate company. Director and CEO of OCL India, Amandeep Gupta, said Dalmia may look for a second plant in the state. The group has already taken on a lease on a grinding unit in Siliguri to cater to north Bengal. Mr Gupta said on the matter, “the market in east a... |
Indian producers line up for LafargeHolcim's Sri Lankan operations10 June 2016, Published under Cement NewsA shortlist of potential buyers in the sale of LafargeHolcim's Sri Lankan operations have been named as Dalmia Bharat, Shree Cements along with Ramco after an initial round of screening. The global cement major is divesting its business in Sri Lanka as part of a global portfolio realignment. With an estimated 2.3Mta grinding capacity and a 1.8Mta clinker capacity, it currently controls 40 per cent of the 6Mta Lankan market, said analysts tracking the sector. To put it in perspective, the ... |
Dalmia Cement buys additional stake in Calcom04 December 2012, Published under Cement NewsDalmia Bharat Enterprises has informed the Bombay Stock Exchange that its subsidiary, Dalmia Cement (Bharat) has approved acquisition of additional 26 per cent stake in Calcom Cement for a consideration of INR77.16 crore. A share purchase agreement to this effect was signed on Friday. This consideration will be paid in multiple tranches and will be subject to the adjustments and other terms and conditions set out in the definitive agreements. |
OCL to raise funds for new plant, India23 October 2012, Published under Cement NewsOCL India Ltd, part of the Dalmia Group, is planning to raise around US$40m from International Finance Corporation (IFC) to support investment for the company's new 1.35Mta grinding plant at Medinipur, West Bengal. The US$102m plant will be located at Kulapachuria, Salboni sub-division. As a part of developing Godapaisal Industrial Park, the West Bengal Industrial Development Corporation has acquired and leased 154.43 acres of land to OCL as the anchor investor. The IFC is evaluating ... |
Dalmia Bharat to buy Adhunik Cement for INR5.60bn28 September 2012, Published under Cement NewsDalmia Bharat Enterprises Ltd said Friday it has signed an agreement to acquire Adhunik Group's cement unit for about INR5.60bn (US$106.3m). Under the deal, Dalmia Cement Bharat Ltd. will acquire Adhunik Cement Ltd., the company said in a regulatory filing. Adhunik Cement sells cement under the Adhunik MSP brand and has a manufacturing facility with a capacity of 1.5Mta in the Jaintia Hills of Meghalaya, a northeastern state in India, according the Adhunik Group website. Steel maker ... |
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