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Adani Cements appoints new leadership at Sanghi Industries 08 December 2023 37 years of experience in the building material sector, assumes the CEO role at Sanghi Industries. His noteworthy tenure at Ambuja Cements Ltd. since 1996, coupled with his recent appointment as the chief operating officer of Adani Group's cement... Type: Article Category: People Adani Group leads the sustainable revolution in the industry 07 December 2023 production sustainably. Anticipating a leadership role in the sector, Adani emphasizes the significant strides made by Ambuja and ACC in recycling over 90 percent of their cement production through blended cement, utilizing waste fly ash and slag. Adani... Type: Article Category: Environment Ambuja Cements completes acquisition of Sanghi Industries 05 December 2023 Advancing cement capacity in a game-changing move (CW Group) Ambuja Cements has successfully concluded the acquisition of Sanghi Industries, marking a strategic milestone in the industry. With an enterprise value of Rs 5,185 crore, Ambuja Cements has... Type: Article Category: Mergers & Acquisitions Ambuja Cement Q2 reveals growth 01 November 2023 Significant profit surge and revenue increase for Adani's Cement (CW Group) Ambuja Cement unveiled impressive financial results for the second quarter of the fiscal year 2023. The company witnessed a remarkable four-fold surge in its standalone net... Type: Article Category: Financial Cement industry hit as Nepal closes plants 23 October 2023 names like Lumbini Corridor Mengoenka and Reliance Cement are among those that have been forced to close temporarily. Nepal Ambuja Cement, Vrij Cement Industries, Jagdamba Cement, Pathak Cement, and Supreme Cement, all of which have been expanding their... Type: Article Category: Plant Expansions Indian cement firms compete to expand capacity 19 October 2023 annual report, noted how utilizing airlifting for materials has expedited project timelines and reduced costs. Furthermore, Ambuja Cement and ACC have optimized warehousing space, resulting in substantial savings since the change in promoter holdings in... Type: Article Category: Plant Expansions Adani Ambuja's refinancing deal gets banks' approval 10 October 2023 Major banks secure internal approval for loan to refinance Adani Group's Ambuja Cements debt (CW Group) A consortium of banks involved in discussions to provide approximately USD 250 million each as part of a syndicated loan worth around USD 3.5... Type: Article Category: Financial Cement industry: price hikes spark optimism in India 28 September 2023 crude oil price surge. However, concerns loom over aggressive capacity expansion by Adani-owned cement companies like Ambuja and ACC, potentially affecting supply-demand dynamics. Additionally, stiff competition in South markets may challenge... Type: Article Category: Financial Adani Group's Ambuja Cements incorporates three new subsidiaries 22 September 2023 Expansion and diversification in cement business (CW Group) Adani Group's Ambuja Cements has expanded its business by incorporating three new wholly-owned subsidiaries. Two of these subsidiaries will focus on the cement business, while the third will... Type: Article Category: Mergers & Acquisitions Adani Group seeks refinancing for Ambuja Cements acquisition 14 September 2023 (CW Group) Adani Group is actively pursuing a debt refinancing plan to manage the debt incurred during its acquisition of Ambuja Cements. This strategic move seeks to restructure debt amounting to approximately USD 3.5 billion, making it one of Asia's... Type: Article Category: Mergers & Acquisitions Steady cement prices amid sluggish real estate sector 07 September 2023 down from the usual 60-65 percent before the monsoon. The ACC plant produced 5,500 metric tons per day (MTPD), while Ambuja cement plants at Suli and Nalagarh each produced 2,600 MTPD. The company spokesman confirmed that there would be no cement price... Type: Article Category: Volume & Pricing Adani Cement's green expansion strategy 04 September 2023 ACC and Ambuja Cements set sights on sustainable growth (CW Group) The Financial Express reports that Adani Group's cement companies, ACC and Ambuja Cements, are gearing up for organic capacity expansion focused exclusively on green cement production.... Type: Article Category: Environment Adani Group expands cement portfolio 21 August 2023 Ambuja Cements deal marks Sanghi Industries entry in new markets (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}] The Adani Group, a significant player in India's corporate... Type: Article Category: Mergers & Acquisitions Ambuja Cements set to acquire majority in India's Sanghi 10 August 2023 Ambuja Cements, part of Adani Group, agreed to acquire a majority stake in Sanghi Industries, a cement manufacturer from Gujarat, India (CW Group) The deal is estimated to value Sanghi at 60 billion rupees ( USD 729 million). Adani, India's... Type: Article Category: Mergers & Acquisitions Ambuja-ACC and JK Lakshmi Cement competing to acquire Sanghi Cement 10 August 2023 Ambuja-ACC and JK Lakshmi Cement, owned by the Adani group, are leading the race to acquire Ahmedabad-based Sanghi Cement, estimated to be worth Rs 6,000 crore (CW Group) Due diligence is expected to begin soon, and formal offers will be submitted over... Type: Article Category: Markets & Competition Adani Group of India has "no merger plans" for its cement units 09 August 2023 The Adani Group remains the second largest cement producer in India in 2022, following its acquisition of Ambuja Cements and ACC from Holcim for $10.5 billion (CW Group) India's Adani Group confirmed that it will maintain the usage of its ACC and... Type: Article Category: Mergers & Acquisitions Ambuja Cements completes acquisition of Sanghi Industries 09 August 2023 Ambuja Cements has recently revealed its acquisition of Sanghi Industries in a deal valued at $600 million, solidifying its position as India's second-largest cement producer (CW Group) This strategic move involves obtaining a 57 percent stake in... Type: Article Category: Mergers & Acquisitions ACC reported its Q1 results 31 July 2023 tons, driving revenue up by 16.4 percent to 52.01 billion rupees. ACC's parent company, the Adani Group's cement unit Ambuja, is yet to release its results. Copyright CW Group. All rights reserved. Unauthorized distribution expressly prohibited. Type: Article Category: Financial Lafarge plans to exit India operations 06 January 2016 was facing challenges in securing limestone mining rights for the two units. In India, Holcim, through its control of Ambuja Cement and ACC, have 60 million tons of capacity. On the other hand, Lafarge has a capacity of 11 million tons in India, of... Type: Article Category: Markets & Competition India Cement & Construction Materials, vol 1 / issue 27 15 December 2015 coming through in terms of how volume growth will pan out,ÔÇØ said theanalyst. VK Sharma of HDFC Securities says BUY Ambuja Cements. "I am suggesting buying 195 Put in Ambuja Cements at around Rs 3 with stop loss at Rs 2 and target around Rs 7 and one... Type: Article Category: India Cement & Construction Materials journal 1 2 3 4 5 6 7 8 9 10 Results 21 - 40 of 451 Free NEWSLETTER Please enable the javascript to submit this form FREE SIGN-UP MARKET DATA Vietnam 23 March VIEW Turkey 23 March VIEW Taiwan 23 April VIEW Russian Federation 23 May VIEW Lebanon 23 February VIEW China 23 May VIEW Turkey 23 February VIEW READ MORE MARKET DATA Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. 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