India: JK Lakshmi Cement and Chettinad Cement are reportedly bidding to buy Deccan Cements. The company is hoping to obtain an enterprise value of US$360m, or US$90/t of production capacity, in any potential sale, according to the Economic Times newspaper. Deccan Cements operates a 1.8Mt/yr integrated plant at Bhavanipuram in Nalgonda, Telangana.
