China/India: UltraTech Cement has agreed to sell its majority stake in Shandong Binani Rongan Cement for around US$120m. As part of the deal its subsidiaries Krishna Holdings and Nathdwara Cement will both divest their shareholdings in the company. UltraTech Cement picked up the 3Mt/yr plant in 2018 as part of its acquisition of Binani Cement in 2018. The buyer has not been named.
UltraTech Cement to sell Chinese business for US$120m
Acquisition
Asia
carbon capture
Cemex
China
CO2
concrete
coronavirus
data
decarbonisation
Export
Germany
Government
grinding plant
Holcim
Import
India
Investment
LafargeHolcim
market
Pakistan
Plant
Product
Production
Results
Sales
Sustainability
UK
Upgrade
US
| « | September 2025 | » | ||||
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 | |||||
