The plant is capable of processing about 600,000 tons of waste per year

Mauritian company will acquire a 60 percent share

Swiss cement manufacturer also made numerous acquisitions last year

Peruvian firm also recently purchased the Conovia company in Chile

Spanish company expanding its operations in Andalusia

Integration could result in up to 70 percent market expansion

The company will function independently under a different brand

Jaiprakash has a combined cement capacity of 9.4 million tons

Adani Group is the potential buyer

Company bought the remaining 51 percent of shares