At least three companies have expressed an interest in acquiring the cement business of Binani Industries. Dalmia Bharat and Shree Cement are both looking to buy Binani´s 6.25 mn tpy cement manufacturing capacity, with an unnamed multinational company also in the fray. Binani Cement´s Indian operations are located in Rajasthan. The company also has 2 mn tpy of installed cement manufacturing capacity in Dubai and 3 mn tpy of capacity in China, bringing its consolidated cement making capacity to 11.25 mn tpy.
Contact: Binani Industries.
Tel: 033-4016 1800.