India: Chettinad Cement Corporation is set to acquire Anjani Portland Cement. It will give the Chennai-based company a significant presence in the Andhra Pradesh market. No further details have been released. Anjani Cements has over 1.2Mt/yr production capacity from its two plants in Nalgonda district of Andhra Pradesh. It also has plans for setting up a greenfield unit in Karnataka.
Chettinad Cement set to acquire Anjani Portland
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