Dalmia Cement to merge refractory business with Dalmia Refractories

Print this page

India: Dalmia Cement (Bharat) and Dalmia Refractories plan to merge their refractory businesses. The subsidiaries of Dalmia Bharat have approved schemes of arrangement to consolidate under a single company known as Dalmia OCL. Dalmia OCL in turn will be held by a holding company known as Dalmia Bharat Refractories. The intention of the merger process is to create a single refractory company of ‘significant’ size, to simplify the corporate structure and to achieve economies of scale.

Last modified on 20 November 2019

URL: https://www.globalcement.com/news/item/10101-dalmia-cement-to-merge-refractory-business-with-dalmia-refractories

© 2019 Pro Global Media Ltd. All rights reserved.