India Cements is reportedly in the process of acquiring land in Madhya Pradesh for a new plant project which would take its total capacity to 20Mta, according to The Economic Times.
The company has already acquired a company with an existing mining lease to use its limestone reserves. The project is worth around INR14bn (US$197m), with the producer expected to compete the final land investments over the next few months.
Cementos Progreso Holdings takes over Cemex's Dominican Republic and Haiti operations
As of today, the consortium led by Cementos Progreso Holdings takes control of Cemex 's opera...