Indian cement industry sees US$3.3 billion in merger and acquisition activity since January
Data shows that merger and acquisition in India’s cement industry is bucking the national trend, with seven deals totalling US$3.3 billion so far this year.
Data shows that merger and acquisition in India’s cement industry is bucking the national trend, with seven deals totalling US$3.3 billion so far this year.
Siam Cement Group plans a new greenfield plant in Indonesia to add to its expanding portfolio across the ASEAN region, while another Thai company takes advantage of low new-build prices to order a new cement carrier.
The ‘One Cement Factory in One Harbour’ concept proposed by the Minister of Ports and Highways is being pursued, with four grinding and packing plants planned at the country’s main ports.