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In October 2009, a cement and concrete price fixing class action lawsuit was filed in Florida against Oldcastle Materials and others. The claim alleged that the defendants eliminated competition in the market for cement and concrete by charging artificially high prices from at least the period 2000 to 2009.
Table 1 - Hydraulic Cement – World Leading Producers (million metric tons) [1] Country 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 Brazil 72 70 69 64 59 52 52 46 40 37 38 40 38 40 39 China (PRC) 2,500 2,420 2,210 2,100 1,880 1,630 1,390 1,350 1,200 1,040 934 813 705 627 583 Egypt 50 50 46 44 48 47 40 38 29 29 28 29
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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]
Maple Leaf Cement was founded in 1956 by the West Pakistan Industrial Development Corporation in a collaboration with the Government of Canada. [7] [8] The initial production capacity was 120,000 tons per annum (tpa) of ordinary Portland cement, which increased by an additional 180,000 tpa in 1960.
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ACC Limited (Formerly The Associated Cement Companies Limited) is an Indian cement producer, headquartered in Mumbai. It is a subsidiary of Ambuja Cements and a part of the Adani Group . On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited.
The Siam Cement Public Company Limited (SCG; SET: SCC) is the largest and oldest cement and building material company in Thailand and Southeast Asia. [4] In 2016, SCG was also ranked as the second largest company in Thailand and the 604th largest public company in the world by Forbes. [5] The company is SET50 and SETHD-listed and an industry ...