birla planning to buy lafarge cement plant in india

LafargeHolcim receives revised divestment order from India ...

It said last week it was reviewing its divestment plan in India after talks with Birla Corporation Limited (BCL) for the sale of the Jojobera and Sonadih cement plants in Eastern India fell through.

Get A Free Quote

Birla Corp's deal with Lafarge India unit falls through ...

Birla Corp said in August it had entered into an agreement with Lafarge India Private Ltd to buy the two cement businesses in eastern India for an enterprise value (equity plus debt) of …

Get A Free Quote

Birla Corp to buy two Lafarge India cement units - IBEF

Birla Corp. will acquire Lafarge's Sonadih Cement, a grinding unit in Jojobera, Jharkhand, along with its brands Concreto and PSC. It will also acquire the Sonadih unit in Chhattisgarh. The two units being sold by Lafarge are among the most profitable cement plants in India, generating about Rs.700 crore in pre-tax profits a year even in the current depressed market.

Get A Free Quote

Birla Corp to buy two Lafarge India cement units - Livemint

Birla Corp. will acquire Lafarge's Sonadih Cement, a grinding unit in Jojobera, Jharkhand, along with its brands Concreto and PSC. It will also acquire the Sonadih unit in Chhattisgarh.

Get A Free Quote

LafargeHolcim: Building materials, cement, aggregates ...

LafargeHolcim is the leading global building products & solutions company serving masons, builders, architects & engineers worldwide. Our cement, aggregates & ready-mix concrete are used in a wide range of building projects.

Get A Free Quote

Birla Corporation to move court against Lafarge-Holcim ...

Read more about Birla Corporation to move court against Lafarge-Holcim on Business Standard. Kolkata based Birla Corporation's Rs. 5,000 crore deal with Lafarge India to buy two cement units has gone sour with the former planning to seek legal solution over the deal.In a regulatory filing with the Bombay Stock Exchange, the Kolkata based

Get A Free Quote

INDIA - Consolidation in the Indian Cement Industry

INDIA - Consolidation in the Indian Cement Industry. ... Birla Corp has already agreed to buy Lafarge's 5.15 million tonnes cement ... cement prices and plant ...

Get A Free Quote

Nirma, Lafarge cement Rs 9000 crore deal - Times of India

Lafarge, the world's largest cement maker, is divesting its domestic business so that it could conclude its global merger with Swiss' Holcim and operate as one entity in India. Earlier, Lafarge wanted to sell part of its domestic business to Birla Corp for about Rs 5,000 crore ($753 million), but the deal ran into regulatory trouble as laws then prohibited the sale of mines linked to cement units.

Get A Free Quote

Nirma bags Lafarge's India biz for Rs 9,400 crore

... Gains three cement plants and two grinding ... LafargeHolcim's assets under Lafarge India. With this buy, ... Lafarge entered into a pact with Birla ...

Get A Free Quote

Ready mix concrete plants in India - Aditya Birla Group

UltraTech Concrete is manufactured at state-of-the-art computerised automatic batching and mixing with contemporary technology at 103 plants. Homogeneous mixing of concrete is ensured by use of special high-efficiency mixers like pan-type or turbo-twin shaft mixers.

Get A Free Quote

Lafarge considers revised plan for India business – VCCircle

LafargeHolcim, the world's biggest cement maker, said on Thursday it is considering a revised plan to sell Lafarge's India operations after a deal to sell part of the business to Birla Corp fell through due to regulatory issues.

Get A Free Quote

Nirma to buy Lafarge India assets from LafargeHolcim for ...

Nirma to buy Lafarge India ... the company agreed to sell its east India cement assets to Birla ... With a strong platform like Lafarge's India business, we plan ...

Get A Free Quote

Birla Said to Consider Holcim-Lafarge Assets: Corporate India

May 05, 2014 · Ultratech Cement Ltd., India's biggest maker of the material, is looking to buy the local assets of Holcim Ltd. and Lafarge SA, according to a person with direct knowledge of the matter.

Get A Free Quote

Birla - Cement industry news from Global Cement

India: Lafarge India has submitted a revised proposal to the Competition Commission of India (CCI) to sell its entire 11Mt/yr assets in India. The decision comes after the company's plan to sell its 5.15Mt/yr cement capacity in Chhattisgarh and Jharkhand to Birla Corporation for US$749m ran into trouble.

Get A Free Quote

INDIA - Consolidation in the Indian Cement Industry

Birla Corp has already agreed to buy Lafarge's 5.15 million tonnes cement capacity in East India, although the deal is yet to close. Dalmia Bharat Cement, in which private equity firm KKR has a minority holding, is another possible contender. There could be others in the fray.

Get A Free Quote

Lafarge considers revised plan for India business – VCCircle

LafargeHolcim, the world's biggest cement maker, said on Thursday it is considering a revised plan to sell Lafarge's India operations after a deal to sell part of the business to Birla Corp fell through due to regulatory issues.

Get A Free Quote

Cement king in making - Aditya Birla Group

Kumar Mangalam Birla, head of the $40 billion Aditya Birla Group that includes India's largest cement maker Ultratech Cement, looks all set to cement his leadership position in the sector. UltraTech Cement is reportedly looking to buy Indian assets of Holcim and Lafarge SA.

Get A Free Quote

The Times Group

Birla chairman Harsh Lodha was not available for comment. Birla has been among the most acquisitive mid-sized cement companies since last year. In August, it agreed to buy two similar-sized assets from Lafarge India for ` . 5,000 crore but that transaction is yet to be completed following a regulatory logjam over the transfer of limestone mines.

Get A Free Quote

Lafarge plans to exit India operations | Business Standard ...

Lafarge India has submitted a revised proposal to the Competition Commission of India (CCI) to sell its entire 11-million tonne (mt) asset in India. This decision comes after the company's plan to sell its 5.15-mt cement capacity in Chhattisgarh and Jharkhand to Birla Corporation for Rs 5,000 crore ran into trouble.

Get A Free Quote

sale of lafarge jojobera cement plant - keukenhanddoeken.be

LafargeHolcim Considers Revised Divestment Plan in India. ... Birla Corp to buy two Lafarge India cement units ... sell of lafarge india cement plant, ...

Get A Free Quote

Birla Corp to buy Lafarge units - The Telegraph

"After the divestment, the group will have a cement capacity of around 68 million tonnes in India," Lafarge added. With the news of the acquisition, the Birla Corp stock leapt 19.27 per cent on the Bombay Stock Exchange to close at Rs 540.25.

Get A Free Quote

Birla Corp's deal with Lafarge India unit falls through

Birla Corporation Ltd (BRLC.NS), whose business interest include jute and cement, plans to take legal action against the Indian unit of LafargeHolcim (LHN.VX) after a pact to buy some of the assets of the Swiss-French cement giant fell through.

Get A Free Quote

birla birla corporation cement project plant in india

Birla Corporation among top contenders to buy … Birla Corporation ... group is planning to set up a 4Mta cement plant in ... birla cement plant in india. ...

Get A Free Quote

birla corp to buy two lafarge india cement units ...

17 Aug 2015, Cement maker LafargeHolcim LHNVX said it would sell two plants in eastern India to Birla Corporation (BRLC, The sale of assets, including the two cement plants operated by Lafarge India with a combined annual capacity of 515 million, India to buy more cotton from farmers as China trims imports.

Get A Free Quote

Birla Corp to buy two cement units of Lafarge in India ...

The total cement manufacturing capacity of Holcim and Lafarge in India was about 67 million tonnes (MTPA) in 2013-14. Lafarge had forayed into the Indian cement market in 1999 with the acquisition of Tata Steel's cement activity. Later it acquired the plant of Raymond Industries in Chhattisgarh and snapped L&T's concrete business.

Get A Free Quote