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NCL Industries receives approval for 110tph project


NCL Industries receives approval for 110tph project
04 May 2021
India’s NCL Industries has received board approval to set up a 110tph cement grinding and packing facility at its third line in Mattapalli, Telangana.
The project represents an investment of INR1.05bn (US$14.2m). It is expected to be completed within 18 months of the date of its financial closure.
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Board of NCL Industries approves setting up of cement grinding and packing unit at Mattapalli

Read more about Board of NCL Industries approves setting up of cement grinding and packing unit at Mattapalli on Business Standard. At meeting held on 03 May 2021 ....

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CCL Industries Expands in Singapore


CCL Industries Expands in Singapore
May 03, 2021 08:00 ET
| Source:
CCL Industries
CCL Industries
Toronto, Ontario, CANADA
TORONTO, May 03, 2021 (GLOBE NEWSWIRE) CCL Industries Inc., a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today it has acquired privately held Lux Global Label Asia Pte. Ltd. (“LUX”), based in Singapore. LUX produces decorative labels for global consumer customers in the ASEAN region. For the trailing twelve months ending March 31, 2021, sales were $9.2 million, with adjusted EBITDA of approximately $1.0 million. The estimated $9.4 million purchase price is expected to equate approximately to the fair market value of the tangible fixed assets (including an owned building in Singapore) and working capital acquired. LUX will immediately move to trade as CCL Label Singapor ....

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