Lafarge to build 3 mln tonne cement plant in India http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-09-26T165228Z_01_PAC006965_RTRIDST_0_CONSTRUCTION-LAFARGE.XML&rpc=66&type=qcna
Tue Sep 26, 2006
PARIS, Sept 26 (Reuters) - Lafarge (LAF.PA: Quote, Profile, Research) will build in the fast-growing regional market of Northern India a cement plant with annual capacity of 3 million tonnes to boost capacity, the French construction group said on Tuesday.
The plant, expected to be completed in 2010 will involve a total investment of approximately 160 million euros ($203.2 million), it said.
It will increase Lafarge's cement capacity from 5.5 million to 8.5 million tonnes, Lafarge said in a statement, adding it already has three cement plants in India.
The plant will be built at Alsindi following the approval granted by the state government of Himachal Pradesh.
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