VAC has a cement capacity of 33.5 million tons, Ambuja a capacity of 29.65 million tons. Ambuja also recently announced a capex of Rs1.391 crore that it plans to spend on the installation of a 3.1 MT Greenfield clinking facility at Marwar Mundawa in Rajasthan. The agreement between ACC and Ambuja Cements concerns the supply of cement, clinker and raw materials such as fuels, fly ash, slag and plaster as well as spare parts Following the merger of Holcim Limited with Lafarge SA in 2015, a new LafargeHolcim unit was created to become the world`s largest cement manufacturer. The Company has the right to cancel deliveries in all cases where the buyer late payment against an agreement, bankruptcy or in the case of a limited company, the appointment of a beneficiary or the start of liquidation outside the merger or reconstruction, but unless orders mentioned above cannot be cancelled, unless by agreement signed in writing by both parties. The two companies obtained the agreement of their shareholders to “conclude, execute and honour the main delivery contract between them,” he said in separate regulatory notifications. The agreement covers the supply of cement, clinker and raw materials such as fuels, fly ash, slag and plaster. Spare parts are part of it. Under the price formula, they would give each other a 5 per cent discount on their average net selling price for cement. “Each contract/arrangement/transaction is made by an order based on the company`s requirements,” he added.

Under the price formula, they would mutually give each other a 5% discount on their average net selling price for cement. New Delhi: After freezing their merger, acc Ltd and Ambuja Cements – the two Indian units of LafargeHolcim – announced on Monday their intention to conclude a “Master Supply Agreement”. Under these circumstances, the following terms have the following meaning: – a) “The business” means Natural Cement Distribution Ltd. (b) “The buyer” refers to any person, company, company or unrelated association with which any contract for the delivery of goods is entered into by the Company. c) “goods”: all products of the contracting enterprise that must be sold by the company to a buyer. (a) In the case of the company`s manufacturing products, the company undertakes, for a period of two months from the delivery of the goods, to fully credit to the buyer the price paid by the buyer to the company or to provide a free replacement of the goods within four weeks of the delivery date to the original delivery point indicated by the purchaser and which, in any event, has been delivered for the goods delivered, a replacement of the goods which are the subject of a significant defect of equipment or processing. (b) In the case of goods that are not constituted by the manufacture of the business, the business will pass on to the purchaser all the benefits that can be obtained under a guarantee granted by the company`s supplier, provided that the goods have been accepted and paid for.