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Madras Cements to sell cement grinding unit in West Bengal

12 Jul 2011 Evaluate

Madras Cements, the flagship company of the Ramco Group, is planning to sell its cement grinding unit in West Bengal for about Rs 350 crore. In this regard, the company is in talk with the world’s largest and second-largest cement makers Lafarge and Holcim, respectively.

The company manufactures Portland cement through its four production facilities. It is the second largest producers in South India and the sixth largest in India. It has a total capacity of 8 million tonnes per annum. It also manufactures Ready Mix Concrete and Dry Mortar products. It operates one of the largest wind farms in the country with a capacity of 136 MW.

Peers
Company Name CMP
Ultratech Cement 11171.80
Ambuja Cements 389.65
ACC 1244.15
Shree Cement 22625.00
Dalmia Bharat 1739.00
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