HeidelbergCement India unaware of any discussions between Heidelberg Materials and JSW Cement

Written by Global Cement staff 04 October 2023

India: HeidelbergCement India has clarified that it is ‘unaware’ of reported discussions between its parent company Heidelberg Materials and JSW Cement over the possible transfer of the former’s Indian assets, Reuters has reported.

Heidelberg Materials owns 13.4Mt/yr-worth of cement capacity in India, of which HeidelbergCement India comprises 6.3Mt (47%).

Published in Global Cement News

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India
HeidelbergCement India
Heidelberg Materials
Acquisition
JSW Cement
Germany
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