LAFARGEHOLCIM

LafargeHolcim to invest CHF 200 million to drive further growth in India

LafargeHolcim will strengthen its presence in India with the construction of a new cement plant in the state of Rajasthan in the north of the country. The CHF 200 million investment will serve customers in the north, including Delhi.

Jan Jenisch, Group CEO of LafargeHolcim, said: “India is the second biggest global cement market and is forecasted to continue to see high growth rates. We are excited to invest in this highly attractive market to further strengthen our footprint and to reinforce our leading building materials position in India.”

The new plant, which is being set up by the Group’s subsidiary Ambuja Cement will have a clinker capacity of 3.1 million t/a and the commissioning of the plant is expected for the second half of 2020.

www.lafargeholcim.com

Related articles:

Issue 7-8/2016 LAFARGEHOLCIM

LafargeHolcim enters into agreement with Nirma Limited for divestment­ of Lafarge­ India

LafargeHolcim announced it has entered into a letter agreement with ­Nirma Limited subject to approval by the Competition Commission of India (CCI) for the divestment of its interest in Lafarge India...

more
Issue 9/2018 LAFARGEHOLCIM

LafargeHolcim acquires leading ready-mix concrete company Tarrant Concrete in Texas

LafargeHolcim has acquired Tarrant Concrete, a leading provider of ready-mix concrete in the Dallas/Fort Worth area in Texas. This transaction will strengthen LafargeHolcim’s existing operations in...

more
Issue 3/2019 LAFARGEHOLCIM

LafargeHolcim completes two further bolt-on acquisitions

On 01.02.2019, LafargeHolcim acquired Transit Mix Concrete Co., a leading supplier of building materials in Colorado and subsidiary of Continental Materials Corporation. The acquisition will...

more
Issue 9/2016 LAFARGEHOLCIM

LafargeHolcim to divest Holcim Lanka

LafargeHolcim has signed an agreement with Siam City Cement Public Company Limited for the divestment of its interest in Holcim Lanka for an enterprise value of US$ 400 million. Holcim Lanka operates...

more
Issue 9/2018 JSW CEMENT

JSW Cement to invest US$ 150 million in Fujairah

JSW Cement, one of India’s leading producers of green cement and part of the US$ 13 billion JSW Group, will invest nearly US$ 150 million in Fujairah/UAE. The investment in Fujairah is aimed at...

more