Acquire a large interest in an important and green construction materials industryThe Business
The Company is one India’s leading sellers of fly ash, which is a byproduct of power plants. Fly ash is used to replace up to 50% of clinker in cement production, and it is known to improve the quality of cement. The Company has exclusive rights from an optimally located power plant in West India to export fly ash to the GCC region. The local market currently consumes about 180,000 tons of fly ash per year, of which 1/3rd is provided by the Company.
Market
Hundreds of millions of tons of power plant byproduct (fly ash) are dumped in lakes and ponds every year, when it could be reused in cement production. As the world takes a proactive role towards saving the environment, the reuse of industrial by-products has become essential as well as profitable.
Fifty percent of shares of the Company are owned by a holding company, which plans to divest of its shares to refocus its strategy on production.
Sector: Construction MaterialsSegment: Fly AshRegion: IndiaFinancing Size: $1m to $5mContact: Paul Kazarian
Company: Phoenicia CapitalTelephone: +961 71 139 390Email: [email protected]