LafargeHolcim begin asset divestments

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India: Holcim and Lafarge have begun an internal process in India to identify the assets that must be divested to adhere to the requirements of India's competition regulator, the Competition Commission of India.

Both companies are running processes to identify the plants and operations that are not linked to their strategic global plans. The process will also look at consolidation of operations and processes, which will lead to strategic alignment of both the companies in India to create a future-ready organisation with uniform processes.

In India, Lafarge, which has around 5Mt/yr cement capacity, is dwarfed by Holcim with a capacity of 47Mt/yr through its subsidiary companies Ambuja Cement and Associated Cement Companies (ACC), cornering roughly 12% of the 350Mt/yr Indian cement market. Aditya Birla Group's UltraTech is India's largest cement maker with a 62Mt/yr capacity.

Last modified on 22 October 2014

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