Cement News tagged under: Century Cement
UltraTech31 July 2019, Published under Cement NewsUltraTech Cement’s merger with Century Cement will reportedly be completed by September this year. Century’s cement business consists of three integrated units, located in Madhya Pradesh, Chhattisgarh and Maharashtra, along with a grinding plant in Bengal. Once completed the deal will boost UltraTech’s cement production capacity to more than 117Mta. “The transaction gives us an opportunity to strengthen our presence in the highly-fragmented, but competitive and fast-growing eastern and ce... |
UltraTech's acquisition of Century Cement to be completed soon19 July 2019, Published under Cement NewsIndia’s UltraTech Cement has confirmed that it will complete the merger of Century Cement in the second quarter of the FY19-20. The only pending approval which remains for the deal is the transfer of mining leases, which is expected to be completed soon, according to Kumar Mangalam Birla, chairman of the company. "After the completion of the Century Cement transaction, coupled with the on-going capacity expansion, our capacity will be augmented to over 117.35Mta, inclusive of its overseas o... |
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