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ACC to acquire 55% stake in Asian Concretes

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This move aligns with ACC’s broader business strategy

In a strategic move to fortify its market presence, ACC, one of India’s leading cement manufacturers, is set to acquire an additional 55% stake in Asian Concretes and Cements (ACCIL). The deal, valued at Rs 425.96 crore, underscores ACC’s commitment to expanding its footprint in the competitive cement industry.
The acquisition signals ACC’s proactive approach to capitalise on growth opportunities, enhancing its position in the market. Asian Concretes and Cements, a key player in the industry, is expected to benefit from ACC’s extensive industry expertise and resources.
This move aligns with ACC’s broader business strategy, emphasising partnerships and acquisitions as a means of achieving sustained growth. The transaction not only strengthens ACC’s market share but also bolsters its production capacity and distribution network.
The deal comes at a pivotal time for the cement sector, witnessing increased demand due to infrastructural development and construction activities across India. ACC’s strategic investment in Asian Concretes and Cements positions the company to cater to the rising market demands effectively.
The Rs 425.96 crore investment reflects ACC’s confidence in the long-term viability and potential returns from this collaboration. The company aims to leverage synergies, combining the strengths of both entities for mutual benefit.
This acquisition is poised to enhance ACC’s product offerings and geographical reach, positioning the company for sustained growth in the dynamic cement industry. As ACC solidifies its stake in Asian Concretes and Cements, it anticipates a mutually beneficial partnership that contributes to the overall advancement of the cement sector in India.

Concrete

Star Cement launches ‘Star Smart Building Solutions’

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Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

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Concrete

Nuvoco Vistas reports record quarterly EBITDA

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Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

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UltraTech Cement increases capacity by 1.4Mt/yr

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UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.

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