From the market perspective, the recent merger of Holcim and Lafarge is sure to change the dynamics of the industry. On a positive note, both the majors have very strong R&D set up and have been instrumental in developing alternative cement formulations and production processes, globally. With a major vision of green and sustainable development and with a wide array of products, rather than just ´cement´, on a long term, the merger should bring in more value-added products and services.
On the other hand, UltraTech Cement, one of the biggest manufacturers of cement in India, is on a consolidation drive, and as per reports, the company is in a good position to buy the local assets that maybe put on the block by Holcim and Lafarge SA. This will not only bolster the market share but also is expected to bring a balance into market.