Ambuja Cements to pay technology and knowhow fees to Holcim

14 Dec 2012

Ambuja Cements has received an approval for payment of technology and knowhow fees to Holcim, Switzerland at the rate of 1% of the net annual sales of the Company. The company’s board gave the approval for the same at its meeting held on December 13, 2012.

Ambuja Cements was set up in 1986. In the last decade the company has grown tenfold. The total cement capacity of the company is 18.5 million tones. Its plants are some of the most efficient in the world. With environment protection measures that are on par with the finest in the developed.

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