Hanson UK has launched a recycling business line to process construction and demolition waste. The business will supply recycled materials for use in Hanson UK’s operations. CEO Simon Willis said “Promoting circularity by recycling, reusing and reducing the use of primary raw materials is crucial to reaching net zero. The development of a separate recycling
Dalmia Cement (Bharat) faces a potential stumbling block to its planned acquisition of Jaiprakash Associates’ cement business for US$683m due to an on-going shareholder dispute at subsidiary Jaypee Bhilai Cement. The Economic Times newspaper has reported that a court has frozen Jaiprakash Associates’ 74% shareholding in the company, and ordered it not to create new
Shree Cement has pulled out of the race to acquire a 40 – 70% stake in Sanghi Cement for US$205 – 369m. The Financial Express newspaper has reported that Shree Cement said that it will shift its short-term focus to ‘internal expansion.’ Sanghi Cement operates 6.1Mt/yr of cement capacity and a 143MW captive power plant