India’s JSW Steel can acquire Heidelberg cement plant
India’s JSW Steel can acquire Heidelberg cement plant
JSW Steel has received approval from Competition Commission of India (CCI) to acquire the grinding facility of Heidelberg Cement at Raigad in Maharashtra. It has an annual output of 600,000tonnes.
December 19, 2013
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RSSJSW Steel has received approval from Competition Commission of India (CCI) to acquire the grinding facility of 674 HeidelbergCement at Raigad in Maharashtra. It has an annual output of 600,000tonnes.
The India-based Jaypee Group is reportedly in talks with Heidelberg Cement and Sajjan Jindal-led JSW Cement, to form a joint venture which will control the majority of its cement plants as part of an ongoing exercise to reduce debt. According to India’s Economic Times (ET) newspaper, the plan envisages a separate joint venture entity which will house around 20-22 million tonnes of Jaypee's operational units spread across Uttar Pradesh, Himachal, Uttarakhand, Andhra Pradesh, Chattisgarh and a new greenfield
FLSmidth has received an order from Indian cement manufacturer Orient Cement for the supply of main equipment for a greenfield plant in the state of Karnataka in southern India. The plant will have a capacity of 6,000tonnes/day, and the order is reportedly worth over DKK 200 million (€26.8 million). Under the agreement, the order covers engineering and supply of main equipment from limestone crusher to packing plant.