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Holcim-Lafarge merger will not affect ACCs brand identity

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In the latest development, Swiss-based Holcim will be merging with French cement and concrete giant Lafarge. This amalgamation will make the Holcim-Lafarge entity the largest cement manufacturer in India and also in the world. The so-formed $60 billion company will surpass UltraTech in terms of capacity to become the largest cement manufacturer in India. Earlier, UltraTech-with Jaypee Cement´s acquisition of 4.8 mt plant-was the largest cement manufacturer – with a total capacity of 59 mt. The merger will add 8 mt capacity of Lafarge to the 57 mt capacity of Holcim, making it a 65 mt capacity company. Holcim also has plans to boost its capacity to 73 mt by the end of next year. Holcim-Lafarge merger will account for around 19 per cent of installed capacity in India. Whereas, UltraTech accounts for 16 per cent of installed capacity in India.

Holcim has significant stakes in Ambuja Cements and 50 per cent stake in ACC. While speaking with shareholders at Ambuja Cements´ 78th annual general meeting, NS Sekhsaria, Co-Founder and Chairman, clarified that the brand ACC will remain intact and there is no question of ACC brand name changing to Lafarge. ´It-´s a merger of equals and the process will take about 16-18 months to complete,´ he added.

Speaking about the company´s performance, Sekhsaria said that bottomline was affected by sluggish economic environment last year. However, he expects the worse is now behind and the company will be back on growth path this year.

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Concrete

Shree Cement reports 2025 financial year results

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

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Concrete

Rekha Onteddu to become director at Sagar Cements

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

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Concrete

India’s cement consumption set to rise

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/

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