LafargeHolcim considers revised divestment plan for India

LafargeHolcim is to sell its interest in Lafarge India with an annual cement capacity of around 11 million tonnes.

The sale would require the approval of the Competition Commission of India as an alternate remedy for the merger of the group’s legacy companies.

Lafarge is no longer in discussion with Birla Corporation for the sale of the Jojobera and Sonadih cement plants in Eastern India announced earlier.

The Birla proposal involved selling 5.1 million tons capacity by Lafarge India, subject to approval by the Competition Commission along with other regulatory approvals and customary conditions.

“Due to the current regulatory issues relating to the transfer of mining rights captive and critical to the two plants, LafargeHolcim was obliged to submit an alternate remedy to the CCI to ensure compliance with the order,” Lafarge says in a statement.

“The alternate remedy is now under consideration by the CCI. The Group remains in dialogue with the CCI and will communicate any further updates to the divestment process in India in due time.”


(Visited 99 times, 1 visits today)

Get involved


As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us


Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs


Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.