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Table 4 - Hydraulic Cement – production – Europe and Central Eurasia (thousand metric tons) [4] Country: 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 Albania 2,000 1,800 1,300 1,110 918 889 600 575 530 578 348 — 180 106 84 200 200 Armenia 438 422 488 467 770 722 625 605 501 384 355 275 219 287 314 ...
The FCCL Board of Directors gave their approval for the integration of Askari Cement Ltd. into its operations through a scheme of arrangement. The consolidation occurred based on a share swap ratio of 5:1, implying that for every 1 share held in Askari Cement Limited, 5 shares of Fauji Cement Company Limited were issued. [10] [11] [12]
The C. P. Cement Co. Ltd. The Gagal Cement Works of ACC Limited at Barmana, Himachal Pradesh. The management control of the company was taken over by Swiss cement manufacturer Holcim Group in 2004. ACC operated as a subsidiary of Lafarge Holcim. [5] On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited.
On 25 January 2024, after paying US$85 million, National Cement of Kenya acquired 99.94 percent of the Cimerwa shares. The new owners plan to invest another US$60 million into the company's operations to increase efficiencies, scale up output and reduce the price of cement to the consumer. [7]
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The company had entered into a strategic partnership with Holcim, the second-largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 percent promoters' stake in the GACL for ₹2,140 crore. [5] From 2010 to 2022, Holcim held a 61.62% controlling stake in Ambuja Cements. [6]
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