Major deals in India's cement sector since Adani Group's entry in 2022
Dealmaking in India's cement sector is in the spotlight again, after a report said Adani Group is in talks to buy the local operations of Germany's Heidelberg Materials in a deal that could be worth about $1.
Heidelberg exploring sale of India business; taps Adani, UltraTech and JSW Cement
Heidelberg currently owns a 69.39 percent stake in the company, which is listed on the Indian stock exchanges. Heidelberg’s stake is worth around Rs 3,437 crore at the current market price. A controlling stake sale will trigger a mandatory open offer under SEBI’s takeover norms, for acquiring a 26 percent stake from public shareholders.
Gautam Adani to acquire Heidelberg's Indian cement unit for $1.2 billion?
In a $1.2 billion deal, Adani Group plans to acquire Heidelberg Materials' Indian cement operations, after recent acquisitions.
Adani Group in talks to buy Heidelberg's Indian cement operations, ET reports
The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion, the Economic Times reported on Monday, citing people familiar with the matter.
Heidelberg Cement Shares Shoot Up 17% As Adani Group Reportedly Eyes Acquisition
Shares of Heidelberg Cement rose 17% on Monday's trading session. What Happened: The Adani Group is said to be negotiating the purchase of Heidelberg’s cement unit in India, as per a report by The Economic Times.
UltraTech Cement falls Monday, underperforms market
UltraTech Cement Ltd. 532538 shares shed 1.85% to 11,233.25 Indian rupees Monday, on what proved to be an all-around dismal ...
Cement Is a Big Polluter. A Plant in Norway Hopes to Clean It Up.
Heidelberg Materials is betting it can profit from an expensive process that will reduce the carbon dioxide emitted from one ...
New Technology Companies Are Tackling The Emissions In Cement
Construction has historically been viewed as an unavoidably high emissions industry, with cement production contributing ...
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Pope Francis names 21 new cardinals who will help him to reform the church and cement his legacy
RNS is an independent, nonprofit, and award-winning source of global news on religion, spirituality, and culture. Founded in ...
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Can cement and concrete be made greener?
Gregory, who also counts Holcim as a backer of his research at MIT, said that’s one reason cement-making is carbon intensive.
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Bio-cement project launched to combat soil salinity in Thailand
KMUTT and RID launch bio-cement project to tackle soil salinity in northeastern Thailand, aiming to improve agriculture and ...
World’s Biggest Cement Producers Bet on Green Alternative
Holcim and CRH will invest $75 million in Sublime Systems, which developed a cement production method that in early tests ...
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Life-Threatening Injuries in Durham as Cement Truck and Vehicle Collide on N.C. Highway 147 Causing Major Delays
A cement truck crash on N.C. Highway 147 in Durham blocked northbound lanes and resulted in life-threatening injuries.
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Video demonstrates revolutionary carbon-negative cement made using ancient technology — here's how it works
We could turn one of our biggest climate challenges into a powerful ally in the fight against atmospheric pollution. Video ...