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  • LafargeHolcim lays ground for merger of ACC and Ambuja

    May 10, 2017· LafargeHolcim lays ground for merger of ACC and Ambuja, gets closer to rival UltraTech The combined capacity of ACC and Ambuja, at 63.06 million tonnes annually, will help LafargeHolcim inch closer to rival UltraTech Cement, the market leader at 70 MT.

  • Holcim Cement industry news from Global Cement

    Nov 09, 2015· Holcim will now close its Westport cement plant in the middle of 2016, with 120 job losses expected. The company said that some employees have switched to other roles. Holcim is building a 30,000t cement silo at Timaru Port and is spending a similar amount at the Port of Auckland.

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  • Holcim Ambuja Cements: Latest News & Videos, Photos about

    Jan 06, 2020· Holcim Ambuja Cements Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Holcim Ambuja Cements Blogs, Comments and Archive News on Economictimes

  • Ambuja Cement: Latest News & Videos, Photos about AmbujaMar 06, 2020Ambuja Cements Q3 results: Latest News & Videos, PhotosFeb 26, 2020Ambuja Holcim deal: Latest News & Videos, Photos aboutMay 22, 2019holcim ambuja cements ltd: Latest News & Videos, PhotosApr 24, 2019See more results
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  • Holcim search Cement industry news from Global Cement

    Germany: Holcim Germany’s Beckum cement plant has gained a silver sustainability certificate from the Concrete Sustainability Council (CSC). The company said that certificate is the highest that a cement plant can obtain. It certifies that the plant promotes transparency about the production process and supply chain as well as considering its impact upon the environment.

  • Ambuja Cements Wikipedia

    The company has entered into a strategic partnership with Holcim, the second largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 per cent promoters' stake in the GACL for INR 21.4 billion. Currently Holcim holds 61.62% of shares in Ambuja Cements. Codes

  • Headquarters: Mumbai, Maharashtra, India
  • Holcim has substantially increased its stake in Ambuja

    Holcim has successfully completed the transaction to expand its stake in the Indian Group company Ambuja Cements Ltd (ACL) as announced in August 2007. Through the acquisition of a block of shares from the founding families, the related mandatory offer to the other shareholders and open market purchases, the Group has increased its shareholding

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  • History & Marketing Strategies of Ambuja Cement Brandyuva

    Aug 09, 2019· The new millennium saw GACL further its expansion especially in Southern India with setting up a manufacturing unit in Andhra Pradesh, a cement port and packaging unit in Tuticorin, Tamil Nadu. Ambuja Cement merged with Holcim Cement of Switzerland in 2005, which subsequently entered in a merger of equals with Lafarge in 2016 to form

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  • Holcim Cement industry news from Global Cement

    Holcim will now close its Westport cement plant in the middle of 2016, with 120 job losses expected. The company said that some employees have switched to other roles. Holcim is building a 30,000t cement silo at Timaru Port and is spending a similar amount at the Port of Auckland.

  • Ambuja Cement industry news from Global Cement

    India: Ambuja Cements has announced investments of US$365m in India, of which US$100m is targeted for Bengal. The Indian cement producer intends to try to maintain its market share at 10% until 2018. The subsidiary of Holcim announced it would invest US$59.2m at a grinding unit in Sankrail to expand its capacity to 2.4Mt/yr from 1.5Mt/yr by 2015.

  • Ambuja Cements Ltd.(A LafargeHolcim Group Company)

    About us. Ambuja Cements Ltd, a part of the global conglomerate LafargeHolcim, is among the leading cement companies in India. Operating for around three decades, Ambuja Cement has provided hassle-free, home building solutions with its unique sustainable development projects

  • Holcim Ambuja Cements News and Updates from The Economic

    Holcim Ambuja Cements News and Updates from The Economictimes. Holcim Ambuja Cements News and Updates from The Economictimes. SECTIONS. ENGLISH.

  • Holcim Ambuja: Latest News, Videos and Times of India

    Jun 14, 2018· 20 Feb 2017. New Delhi, Feb 20 Ambuja Cement today reported a 85.24 per cent increase in its consolidated net profit of Rs 205.70 crore for the fourth quarter ended December 30, 2016.

  • Part of LafargeHolcim, ACC, Ambuja Cements mull merger

    May 06, 2017· Ambuja Cements, which also follows a January-December financial year, had reported net sales of Rs 20,344 crore crore in the same year. Both ACC and Ambuja Cements became part of Holcim group in 2005.

  • Holcim Cement industry news from Global Cement

    New Zealand: Holcim New Zealand intends to invest US$80m towards building two cement import terminals at Primeport Timaru, South Island and Waitemata Auckland, North Island after abolishing plans for a new integrated cement plant in New Zealand earlier in 2013. Each site will store up to 30,000t of cement and will take two to three years to build.

  • LafargeHolcim lays ground for merger of ACC and Ambuja

    May 10, 2017· LafargeHolcim lays ground for merger of ACC and Ambuja, gets closer to rival UltraTech The combined capacity of ACC and Ambuja, at 63.06 million tonnes annually, will help LafargeHolcim inch closer to rival UltraTech Cement, the market leader at 70 MT.

  • Ambuja Cements, Ambuja Cements limited Company, Ambuja

    Ambuja Cements Ltd. (ACL) is one of the leading cement manufacturing companies in India. The Company, had initially called Gujarat Ambuja Cements Ltd and was founded by Narotam Sekhsaria in the year 1983 with a partner, Suresh Neotia. Sekhsaria's business acumen and leadership skills put the company on a fast track to growth.

  • Ambuja Cement industry news from Global Cement

    India: Ambuja Cements announced on 21 November 2013 that shareholders had approved a proposal by Swiss parent firm Holcim to rejig its Indian cement units, winning 377m of the 550m votes placed (68.5%). 173m votes were placed against the merger. The resolution for the scheme of amalgamation between Holcim India and Ambuja Cements was passed through postal ballots with the majority of

  • AMBUJA CEMENTS Company History Dynamic Levels

    - The Company also undertook to set up a new unit, `Gajambuja Cement'' with an installed capacity of 9.4 lakh tonnes, at the existing premises. Holcim raises stake in Gujarat Ambuja Cements Gujarat Ambuja Change in Accounting Year 2007 Company name has been changed from Gujarat Ambuja Cements Ltd to Ambuja Cements Ltd.

  • Holcim Cement industry news from Global Cement

    India: Two of Holcim's Indian subsidiaries have reported rises in their second quarter 2012 profits.Ambuja Cement has reported a 35% growth in net profit for the quarter ending 30 June 2012 due to increased sales, to US$84.6m from US$62.8m in the same period of 2011.

  • Holcim rejigs Indian operations, Ambuja cements and ACC to

    In 2006, Holcim acquired management control in Ambuja Cements. A year earlier, it had teamed up with Gujarat Ambuja to buy a majority stake in ACC. In 2011, the founder-promoters of Ambuja Cement Narotam Sekhsaria and his partner Suresh Neotia exited the company by selling their residual 0.79% stake to a unit of Holcim.

  • Ambuja Cements, Ambuja Cements limited Company, Ambuja

    Ambuja Cements Ltd. (ACL) is one of the leading cement manufacturing companies in India. The Company, had initially called Gujarat Ambuja Cements Ltd and was founded by Narotam Sekhsaria in the year 1983 with a partner, Suresh Neotia. Sekhsaria's business acumen and leadership skills put the company on a fast track to growth.

  • Ambuja Cement industry news from Global Cement

    India: Ambuja Cements announced on 21 November 2013 that shareholders had approved a proposal by Swiss parent firm Holcim to rejig its Indian cement units, winning 377m of the 550m votes placed (68.5%). 173m votes were placed against the merger. The resolution for the scheme of amalgamation between Holcim India and Ambuja Cements was passed through postal ballots with the majority of

  • AMBUJA CEMENTS Company History Dynamic Levels

    - The Company also undertook to set up a new unit, `Gajambuja Cement'' with an installed capacity of 9.4 lakh tonnes, at the existing premises. Holcim raises stake in Gujarat Ambuja Cements Gujarat Ambuja Change in Accounting Year 2007 Company name has been changed from Gujarat Ambuja Cements Ltd to Ambuja Cements Ltd.

  • Holcim Cement industry news from Global Cement

    India: Two of Holcim's Indian subsidiaries have reported rises in their second quarter 2012 profits.Ambuja Cement has reported a 35% growth in net profit for the quarter ending 30 June 2012 due to increased sales, to US$84.6m from US$62.8m in the same period of 2011.

  • Holcim rejigs Indian operations, Ambuja cements and ACC to

    In 2006, Holcim acquired management control in Ambuja Cements. A year earlier, it had teamed up with Gujarat Ambuja to buy a majority stake in ACC. In 2011, the founder-promoters of Ambuja Cement Narotam Sekhsaria and his partner Suresh Neotia exited the company by selling their residual 0.79% stake to a unit of Holcim.

  • Ambuja to aggressively cut logistics costs Business

    Ambuja Cements, part of the Swiss cement giant Holcim, is in top gear to reduce its logistic costs and increase efficiency as demand for cement continues to remain weak. Lower off-take of the building material at a time when sector is sitting on a huge unutilised capacity is not letting cement prices to go up, which in turn, is impacting

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  • Ambuja Cements gets CCEA nod to buy 24% stake in Holcim India

    Mumbai: The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Ambuja Cements Ltd’s planned acquisition of a 24% stake in Holcim India Pvt. Ltd, paving the

  • ACC, Ambuja Cements mull merger- The New Indian Express

    NEW DELHI: ACC Ltd and Ambuja Cements -- the two Indian units of the world's largest cement producer LafargeHolcim -- today decided to explore merger between them, ending months of speculation.

  • Ambuja Cements, ACC may merge, form top co by sales

    May 06, 2017· Ambuja Cements, ACC may merge, form top co by sales The amalgamation of Lafarge and Holcim had triggered the sale of some domestic business of their India units so that they could operate as a

  • Ambuja Cements Ltd.(A LafargeHolcim Group Company) LinkedIn

    Ambuja Cements Ltd, a part of the global conglomerate LafargeHolcim, is among the leading cement companies in India. Operating for around three decades, Ambuja Cement has provided hassle-free, home building solutions with its unique sustainable development projects

  • LafargeHolcim units ACC, Ambuja Cement to explore merger

    India's Ambuja Cements Ltd said on Friday it was considering the merits of a merger with its subsidiary ACC Ltd. Analysts have expressed concerns about Ambuja permanently losing market share to rivals, especially in the western and northern parts of India.

  • ACC and Ambuja Cement set to explore a possible merger

    Both ACC and Ambuja Cements became parts of the Holcim group in 2005. Following the merger of Holcim Limited with Lafarge SA in 2015, a new entity LafargeHolcim was created to become the world’s

  • Ambuja Cement's strategy pays off

    Ambuja Cement's strategy pays off 27 October 2017 This week the 3Q17 results have been flooding in for Indian cement manufacturers with Lafarge-Holcim-owned ACC and Ambuja Cement reporting their results and seeing net profits rise to nearly double-digits in the latter's case.