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HeidelbergCement Group eyes expansion through acquisitions

BY Realty Plus

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HeidelbergCement Group is planning to expand business through acquisitions and new facilities, according to a top company official, here on Monday. "Putting up a heat recovery unit, debottlenecking cement unit, acquisitions are some of HeidelbergCement Group' plans to cut cost and raise capacity to 20 million tonnes per annum (mtpa)," he said. HidelbergCement Group consists of two companies -- HeidelbergCement India Ltd (HCIL) and Zuari Cement Ltd.

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