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News Nirma wins Emami Cement auction

Nirma wins Emami Cement auction

Written by Global Cement staff 06 February 2020
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India: Nirma Ltd’s subsidiary cement producer Nuvoco Vistas has announced that it has entered into an agreement with Emami Group for the acquisition of the latter’s 8.3Mt/yr-capacity cement business, including a 2.5Mt/yr integrated plant in Chhattisgarh and three grinding facilities. The company says that with the completion of a capacity expansion to its 4.6Mt/yr Jojobera, Jharkhand, plant in early-2020 it will have a total installed cement capacity of 23.5Mt/yr. Nuvoco Vistas managing director Jay Krishnaswamy said, “This is a momentous development for us, and in line with our long-term ambition to become a leading building materials company delivering superior performance!”

Last modified on 12 February 2020
Published in Global Cement News
Tagged under
  • India
  • Nirma
  • Nuvoco Vistas
  • Acquisition
  • Capacity
  • Plant
  • Expansion
  • grinding plant
  • Emami Cement
  • GCW442

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