Concrete

JSW, Adani set to battle for Holcim’s India cement assets

Published

3 years ago

May 17, 2022

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JSW Group reportedly plans to compete aggressively.

JSW Group reportedly is planning to compete aggressively with Adani Group for Holcim AG’s local cement assets, paving way for a bidding battle to emerge as the country’s second-biggest player in the cement industry.

JSW Group has reportedly revealed that it would be making a $7 billion bid for Ambuja Cements and ACC, the Holcim subsidiaries. However, speculations indicate that the deal value could go much higher to up to twice that number as both JSW and Adani chase ready-made assets that will be giving the winner a big presence in the market instantly.

Holcim is believed to review bids from both Adani and JSW, but a deal would depend not just on financial but on other contractual terms with an inserted break-fee clause to get “high” compensation if the transaction fails.

Related Topics:ACC Ambuja Cements Holcim JSW Group

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Concrete

Cement industry to gain from new infrastructure spending

Published

1 week 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

1 week 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.

Image source:https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1zOrih.img?w=2000&h=1362&m=4&q=79

Concrete

GoldCrest Cement to build plant in India

Published

1 week 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.