India: Ambuja wins approval for Holcim restructuring
Ambuja Cements Ltd announced on Thursday that it had received shareholders' approval to buy a 24 per cent stake in Holcim (India) Pvt. Ltd from Holderind International for INR35...
Acc
172 posts · Page 14 of 18
ACC and Ambuja see slow return to growth
ACC and Ambuja Cements, both part of Holcim, have reported a decline in quarterly sales due to subdued demand and lower cement prices, and expect a slow return to growth as near...
ACC plans West Bengal grinding plant, India
ACC Ltd plans to boost its cement capacity in eastern India through the construction of a new grinding plant in West Bengal, as well as expansion of two existing facilities.
Holcim streamlines Indian operations
Holcim is to increase its shareholding in Ambuja Cements as part of the Swiss major's strategy to restructure and streamline its operations in India. Through intragroup restruct...
Shiva Cement to raise capacity by 1Mta
Shiva Cement, in which ACC Ltd holds a 12.65 per cent stake, plans to increase capacity by 1Mta at its cement plant in Odisha on the east coast of India. The company currently h...
Holcim to restructure Indian operations?
Holcim is reportedly planning to restructure its Indian operations which could see the merger of its two local subsidiaries, ACC and Ambuja Cements. Citing various sources famil...
ACC targets ready-mix concrete sales
ACC has devised an action plan, including product innovation, to strengthen its ready-mix concrete business. The 77-year-old company has lined up a series of ready-mix concrete ...
Tax write back boosts ACC and Ambuja Cements 1Q, India
Holcim's Indian cement interests, ACC and Ambuja Cements, managed to post an improved first-quarter performance YoY despite a decline in sales, largely due to
ACC plans capex of INR33bn in 2013
ACC Ltd, India's second-largest cement producer, has planned a capital expenditure of INR33bn (US$603.9m) in 2013, most of which will be used for the expansion of an existing un...
Loesche awarded new contract for ACC project
Loesche, in a consortium with KHD, has been awarded a contract for its vertical roller mill technology to be employed at ACC’s Jamul plant in India. Loecshe will supply its mill...