Siam Cement Group and Big Bloc Construction sign joint venture for ALC blocks in Gujarat

Siam Cement Group and Big Bloc Construction have signed a joint venture agreement to manufacture and distribute autoclaved lightweight concrete (ALC) blocks and panels in Gujarat. The JV will invest around $100 million, with Big Bloc holding 52% and Siam Cement 48%.

“Big Bloc Construction will hold a 52 per cent stake in the JV, while Siam Cement Group will hold the remaining 48 per cent - both will jointly invest around $ 100 million.”investindia.gov.in

• 1 source
• investindia.gov.inJV Agreement Signing Between Siam Cement Group & Big-Bloc ConstructionsBy: Invest IndiaJan 27, 2022

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