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Holcim , Swiss based cement major buys Encore Cements

Hoclim, a Swiss based cement major has bought Encore cements through its arm ACC. It has acquired a 100% stake in Encore Cements & Additives Pvt Ltd (ECAPL) which has a 0.2 mtpa slag grinding unit at Vizag. It may be noted, through ACC has bought Shiva Cements and Alcon.

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