India’s capacity race
UltraTech Cement’s 1QFY27 results, published recently , underline the growing scale of India’s largest cement producer. Domestic sales volumes increased 13.1 per cent YoY to 39....
Ambuja
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Ambuja lays foundation stone at new Bihar grinding facility
Ambuja Cement Ltd , part of Adani Cements , has announced a cement grinding unit in Bihar, investing INR16bn (US$190.8m). Bihar Chief Minister, Nitish Kumar, laid the foundation...
ACC acquires Asian Concretes and Cements
ACC Ltd , a subsidiary of Ambuja Cements Ltd , has announced that it is acquiring a 55 per cent stake in Asian Concretes and Cements Pvt Ltd (ACCPL) for an enterprise value of I...
Adani reduces use of wholesalers
In a bid to boost profitability, Ambuja Cements Ltd and ACC Ltd has reduced the number of distributors it uses in the Gujarat region of India from 12 to three. The move is part ...
LafargeHolcim
The Indian subsidiary ACC Ltd reported a 2.7 per cent reduction in cement deliveries for 2016 to 22.99Mt, while in the fourth quarter the reduction was 9.1 per cent to 5.45m, sl...
Mixed bag of Q3FY13 earnings for Indian cement producers
A weakness in cement prices and softening demand in the region is expected to hit Q3FY13 earnings of some of India’s cement producers. Only ACC and Ambuja are forecast to record...
Holcim: June '12
Holcim's two main Indian subsidiaries, Ambuja Cements and ACC Limited, have been fined at total of approximately EUR325m, or INR2301 crores, by the Honourable Competition Commis...