Birlas to buy Cemex, Votorantim Cimentos assets
Cement

Birlas to buy Cemex, Votorantim Cimentos assets

Diversified Indian conglo-merate Aditya Birla Group is planning to buy certain Latin American assets of one of the world’s largest cement companies, Mexico’s Cemex. The Birla’s are also in talks with Brazilian industrial giant Votorantim Group to buy some of their assets located in South America. This could cost Birla Group’s flagship UltraTech cements in excess of $1 bn. Cemex has plants in several Latin American countries including Argentina, Colombia, Costa Rica, Mexico, Nicaragua, Panama and Puerto Rico. The company has operations in more than 50 countries and the capacity to produce 96 mn metric tonne of cement annually.

Votorantim Cimentos, the cement division of the Brazilian conglome-rate, has more than 30 cement plants in Brazil and is the market leader there. The company also owns a 21 per cent stake in Portuguese cement major Cimpor which also has assets in Latin American countries.

Contact: Aditya Birla Group.
Tel: 022-6652 5000.
Fax: 022-6652 5741.
Website: www.aditya birla.com

Diversified Indian conglo-merate Aditya Birla Group is planning to buy certain Latin American assets of one of the world’s largest cement companies, Mexico’s Cemex. The Birla’s are also in talks with Brazilian industrial giant Votorantim Group to buy some of their assets located in South America. This could cost Birla Group’s flagship UltraTech cements in excess of $1 bn. Cemex has plants in several Latin American countries including Argentina, Colombia, Costa Rica, Mexico, Nicaragua, Panama and Puerto Rico. The company has operations in more than 50 countries and the capacity to produce 96 mn metric tonne of cement annually.Votorantim Cimentos, the cement division of the Brazilian conglome-rate, has more than 30 cement plants in Brazil and is the market leader there. The company also owns a 21 per cent stake in Portuguese cement major Cimpor which also has assets in Latin American countries.Contact: Aditya Birla Group.Tel: 022-6652 5000. Fax: 022-6652 5741.Website: www.aditya birla.com

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?