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.
Indian producers bidding to buy Deccan Cements
URL: https://globalcement.com/news/item/19059-indian-producers-bidding-to-buy-deccan-cements
© 2025 Pro Global Media Ltd. All rights reserved.