Adani Group, ultratech cement and India
Adani Group in talks to buy Heidelberg's Indian cement operations, paper says
The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion, the Economic Times newspaper said on Monday, citing people familiar with the matter.
Heidelberg exploring sale of India business; taps Adani, Ultratech and JSW Cement
Heidelberg currently owns a 69.39 percent stake in the company, which is listed on the Indian stock exchanges. Heidelberg’s stake is worth around Rs 3,437 crore at the current market price. A controlling stake sale will trigger a mandatory open offer under SEBI’s takeover norms, for acquiring a 26 percent stake from public shareholders.
Heidelberg Cement Shares Shoot Up 17% As Adani Group Reportedly Eyes Acquisition
Shares of Heidelberg Cement rose 17% on Monday's trading session. What Happened: The Adani Group is said to be negotiating the purchase of Heidelberg’s cement unit in India, as per a report by The Economic Times.
Major deals in India's cement sector since Adani Group's entry in 2022
Dealmaking in India's cement sector is in the spotlight again, after a report said Adani Group is in talks to buy the local operations of Germany's Heidelberg Materials in a deal that could be worth about $1.
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Business News LIVE Updates Today October 7, 2024: Gautam Adani to acquire Heidelberg's Indian cement unit for $1.2 billion?
The Adani Group aims to buy Heidelberg Materials' Indian cement business valued at $1.2 billion, enhancing its cement sector footprint after acquir
Cement Is a Big Polluter. A Plant in Norway Hopes to Clean It Up.
Heidelberg Materials is betting it can profit from an expensive process that will reduce the carbon dioxide emitted from one ...
UltraTech Cement falls Monday, underperforms market
UltraTech Cement Ltd. 532538 shares shed 1.85% to 11,233.25 Indian rupees Monday, on what proved to be an all-around dismal ...
New Technology Companies Are Tackling The Emissions In Cement
Construction has historically been viewed as an unavoidably high emissions industry, with cement production contributing ...
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Can cement and concrete be made greener?
Gregory, who also counts Holcim as a backer of his research at MIT, said that’s one reason cement-making is carbon intensive.
Flying Cement to Launch New Plant With Production Capacity of 9,000 Tons Per Day
Flying Cement Company Limited (PSX: FLYNG) will soon launch a new clinker line with a production capacity of 9,000 tons per ...
World’s Biggest Cement Producers Bet on Green Alternative
Holcim and CRH will invest $75 million in Sublime Systems, which developed a cement production method that in early tests ...
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Bio-cement project launched to combat soil salinity in Thailand
KMUTT and RID launch bio-cement project to tackle soil salinity in northeastern Thailand, aiming to improve agriculture and ...
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Life-Threatening Injuries in Durham as Cement Truck and Vehicle Collide on N.C. Highway 147 Causing Major Delays
A cement truck crash on N.C. Highway 147 in Durham blocked northbound lanes and resulted in life-threatening injuries.
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Video demonstrates revolutionary carbon-negative cement made using ancient technology — here's how it works
We could turn one of our biggest climate challenges into a powerful ally in the fight against atmospheric pollution. Video ...