Economy & Market

Dalmia Bharat buys Adhunik Cement for Rs 560 cr

Published

13 years ago

September 30, 2012

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With the acquisition of Rs 560-crore Adhunik Cement, Dalmia Bharat Enterprises is set to strengthen its presence in the North East. Dalmia is also a cement manufacturer. This is Dalmia Bharat’s second acquisition in the region after it took a 50 per cent stake earlier this year in Calcom of Assam.Dalmia Bharat hopes to establish over 3.5 million tonne of production capacity in the region where the demand is estimated at about 6 million tonne a year and growing at a healthy 12-15 per cent, says Puneet Dalmia, Managing Director.
The company has announced on the NSE that its subsidiary Dalmia Cement (Bharat) has signed a definitive agreement to buy the entire share capital of Adhunik Cement in Meghalaya for Rs 560 crore. Adhunik operates a 1.5 million tonne a year cement plant, which is one of the largest in the North East.Dalmia said it is operating at about 40 per cent capacity. The acquisition is to be funded through internal accruals and reserves. Dalmia Bharat’s other acquisition in the region, Calcom, has an 8,00,000 tonne a year cement plant which is to be expanded to about 2 million tonne a year.The company’s two acquisitions in the North East mean an equity exposure of over Rs 800 crore and an additional Rs 1,000 crore in the form of debt and other liabilities.

Concrete

Cement industry to gain from new infrastructure spending

Published

2 weeks ago

July 24, 2025

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

Concrete

AI boom drives demand, says ACA

Published

2 weeks ago

July 24, 2025

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The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

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Concrete

GoldCrest Cement to build plant in India

Published

2 weeks ago

July 23, 2025

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GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.