• Number :

    0086-21-58386256

  • Address :

    Pudong new district, Shanghai, China.

indias acc buys stake in grinding unit

Non-Core Exit for Reliance, Opportunity for Birla | M&A ...

Holcim acquires a stake in ACC and later in Ambuja Cements: $111 per tonne & $193 per tonne respectively. 2006: Heidelberg Cement Group enters India via a 50:50 joint venture in Indorama Cement and acquires a majority stake in Mysore Cement. Not Available: 2008

Latest Acc ltd information at

On 24 October 2016, ACC commissioned a 1.35 million tonnes cement grinding unit at Sindri in Jharkhand, completing the new integrated project with …

Acc News - Latest acc News, Information & Updates - Real ...

ACC's net profit up two-fold to Rs 569 crore in Q1 FY22. The company, a subsidiary of Swiss building material major Holcim group (earlier LafargeHolcim), reported revenue from operations of Rs 3,884.94 crore during the quarter, up 49.29 per …

UPDATE 1-India's ACC 2009 net up, sees growth in 2010 ...

ACC said it had agreed to buy 45 percent stake in Asian Cement & Concrete, which operates a 300,000 tonne cement grinding unit at Himachal Pradesh in north India. The capacity will be increased by ...

ACC History | ACC Information - The Economic Times

- The Associated Cement Companies (ACC) has set up a modern pre-grinding unit based on the vertical pre-grinder technology at its plant in Chanda, Maharashtra. The pre-grinder, set up for the first time in the country, has been developed by ACC Machinery Company Ltd (AMCL), a 100-per cent subsidiary company.

JSW Cement buys ACC's stake in Shiva Cement | VCCircle

JSW Cement Ltd, part of the billionaire Sajjan Jindal-led JSW Group, has bought cement maker ACC Ltd's entire stake in Shiva Cement Ltd for Rs 38.67 crore ($5.8 million). ADVERTISEMENT. ACC sold 23.65 million shares, or a 12.13% stake, at Rs 16.35 apiece in an off-market transaction, the company said in a stock-exchange filing o.

Holcim eyeing Jaypee Group's cement grinding plant in ...

Days after striking a mega deal to sell two of its hydro-power assets to a consortium led by Abu Dhabi's flagship energy and utilities firm TAQA, Manoj Gaur led Jaypee Group has kick-started discussions to hive off its cement grinding plant based at Panipat, Haryana and Swiss construction giant Holcim is in the race for the asset, two sources privy to …

ACC Cement: ACC plans to increase its clinker and cement ...

NEW DELHI: ACC plans to increase its clinker and cement capacities, the company said in its recently held annual general meeting. The integrated greenfield project of 2.7 MTPA clinker capacity with 1 MTPA grinding unit at Ametha in Kymore, Madhya Pradesh is on track, it said. Expansion of the existing grinding unit in Tikaria with a 1.6 MTPA cement …

Maharashtra - Cement industry news from Global Cement

India: Ambuja Cement, part of Switzerland-based LafargeHolcim, plans to commission its upcoming Mundwa cement plant in Rajasthan by September 2021. The plant will have a total capacity of 5Mt/yr, consisting of 3Mt/yr of integrated and 2.0Mt/yr of grinding capacity. The Hindu newspaper has reported that the company aims to achieve 50Mt/yr total …

JSW Cement buys out Shiva Cement promoters' stake - The ...

JSW Cement has acquired 37.16 per cent stake from the promoters of Shiva Cement for Rs 97 crore. The company has also made an open offer to buy out another 32 per cent through open offer at Rs 14 ...

ACC review: Strong set by ACC in Q1CY21 | Business News

Aditya Birla Fashion to buy 51% stake in House of Masaba for Rs 90 crore Reliance, , Mahindra bid for incentives under India's $2.4 billion battery scheme Exports rise 38.91% to $37.81 billion in December; trade deficit widens to $21.68 billion

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 INR350,000m (US$556m) as well as the amalgamation of Holcim (India).

India's Biocon in talks with Mylan to merge biosimilar ...

In September, Biocon said the biosimilar unit will sell a 15% stake to a Serum Institute of India subsidiary for access to millions of vaccine doses, including COVID-19 shots. The deal valued ...

ACC Share price: Buy ACC, target price Rs 1570: Emkay ...

Emkay Global has given a buy rating to ACC with a target price of Rs 1570. The share price moved up by 5.33 per cent from its previous close of Rs 1330.05. The stock's last traded price is Rs 1400.90. In Q2, sales volumes were impacted by the nation-wide lockdown. ACC reported a volume decline of 33.3% yoy, in line with estimates.

ACC, UltraTech Cement, Shree Cement, Ramco Cement and more ...

Cement companies in the Centrum coverage universe reported an average EBITDA margin of 23.8% in Q3 FY21 versus 18.4% in Q3 FY20. Healthy realisation gains of 6% YoY attributed to weak base and ...

Cement News tagged : Jaiprakash Associates - Page 1 of 6

Orient will buy a 74 per stake in Bhilai which is a joint venture between Jaiprakash Associates Ltd (JAL) and Steel Authority of India Ltd (SAIL). Bhilai has an integrated PSC cement capacity of 2.2Mta consisting of a clinker unit in Satna area in Madhya Pradesh and a grinding unit in Bhilai, Chhattisgarh.

ACC > Company History > Cement - Major > Company History ...

-Associated Cement Companies (ACC) has purchased 13.21 per cent stake in Bargarh Cement Ltd from Unit Trust of India. ACC bought 3.5 crore shares of …

India's Escorts hits record high as Japan's plans ...

Japan's Corp will raise its stake in tractor maker Escorts Ltd to as much as 44.8%, the companies said on Thursday, sending shares of the Indian firm to a record high.

Ambuja Cement: Reports, Company History, Directors Report ...

In December 2010, the Dadri Grinding Unit in its very first year of operation received the Integrated Management System (IMS) Certification, including ISO …

Dalmia Bharat buys out SAIL in Bokaro Jaypee Cement ...

Dalmia Bharat buys out SAIL in Bokaro Jaypee Cement. India: Dalmia Bharat has acquired the final 26% stake that it did not already own in Bokaro Jaypee Cement from the Steel Authority of India (SAIL), for US$150m. Bokaro Jaypee Cement has become a wholly-owned subsidiary of Dalmia. In March 2014 Dalmia acquired Jaypee's 74% holding in the company.

Jaypee Cement seeks Coal Ministry's nod to return two coal ...

The Nigrie cement grinding unit has a capacity of 2 MTPA. Jaypee Cement had emerged the highest bidder for the Majra coal block in Maharashtra with a bid of Rs 1,230 per tonne. It had outbid ACC Ltd, Crest Steel and Power, Emami Cement, Grace Industries and JK Lakshmi Cement to secure the block with total extractable reserves of 14.92 million ...

Ultratech Cements In It's Position | M&A Critique

At the two units, the clinker capacity is more than the grinding capacity. This gives UltraTech room to further add around 1.8‐2.5 MT a year of cement manufacturing by having an adjacent grinding unit. The enterprise value for a tonne of this deal is roughly around $140 (about Rs 8,900 at 24th Dec exchange rate).

JP deal positions UltraTech as largest cement player: All ...

The acquisition comprises of an integrated cement unit at Sewagram and a grinding unit at Wanakbori in Gujarat. The combined capacity of both the divisions of the Gujarat unit is 4.8 mtpa with a 57.5 MW coal-based thermal power plant, limestone reserves for over 90 years at current capacity and a captive jetty at Sewagram.

Our Story | Milestones Achieved by UltraTech Cement Ltd

The Grasim Board approves an open offer for purchase of up to 20 percent of the equity shares of Larsen & Toubro Ltd (L&T), in accordance with the provisions and guidelines issued by the Securities & Exchange Board of India (SEBI) Regulations, 1997. Grasim increases its stake in L&T to 14.15 percent. Arakkonam grinding unit becomes functional.

Jaypee Cement to buy Zawar's Wadi facility

Jaypee Cement, the cement venture of Jaiprakash Associates, is set to buy a controlling stake in Zawar Cement's defunct grinding unit at Wadi, in Karnataka's Gulbarga district. The Zawar Group, based out of Pune, has business interests in cement, power, mineral water and real estate. Zawar Cement had in turn bought the Wadi unit from ACC.

Ambuja Cements gets CCEA nod to buy 24% stake in Holcim India

Ambuja Cements gets CCEA nod to buy 24% stake in Holcim India Premium The move paved the way for the proposed restructuring of the holding pattern of Holcim's India units, ACC and Ambuja Cements ...

Acquisition - Cement industry news from Global Cement

At the start of January 2022 the state assets management agency UzAssets agreed to sell the government's majority stake in Qizilqumcement for US$174m to United Cement Group (UCG). This was a significant move locally given the size of UCG in the Central Asian states. UCG operates two integrated plants and one grinding unit in Uzbekistan.

Stocks in Focus on January 6: HDFC Bank, Godrej Consumer ...

ACC Ltd: The company has announced the successful commissioning of the new cement production facility at the Company's existing Sindri Grinding Unit in the State of Jharkhand.The new facility will add capacity of 1.4 MTPA cement to the existing 3.0 MTPA unit, taking the total capacity at Sindri to 4.4 MTPA.

Latest Acc ltd information at

On 24 October 2016, ACC commissioned a 1.35 million tonnes cement grinding unit at Sindri in Jharkhand, completing the new integrated project with its clinkering line of 2.79 million tonnes and ...

Tata Power to sell Wadi unit to ACC

If the deal goes through, this will be a case of Tata Power reselling the power plant to ACC. In the late nineties Tata Power, decided to buy the group's captive power plants. At that time, the Tata group held about a 10 per cent stake in ACC. Apart from ACC's power plant it also bought Tata Steel's 67.5 mw unit at Jojobera.

Join Our Newsletter