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Adani Group announces US$100bn investment planThe Adani Group plans to invest US$100bn over the next decade, according to its owner Gautam Adani. The group’s most recent investment was its US$6.5bn acquisition of Ambuja Cements Ltd and A...News - 29 September 2022 |
Oil falling below US$90, coal and gas surge to new highs – petcoke may resume upward curve, but still buyers’ marketBy Frank O. Brannvoll, Brannvoll ApS, Denmark The perfect storm has hit European energy end users, as EU sanctions against Russian energy exports are now backfiring in terms of prices and suppl...News - 29 September 2022 |
Sagar Cements' Bayyavaram plant scoops energy awardsSagar Cements ’ Bayyavaram grinding plant has been recognised as an Excellent Energy Efficient Unit by the Confederation of Indian Industry at this year’s Energy Management Excellence Awards. T...News - 28 September 2022 |
USG Supramax/Ultramax prices see significant dropBy Brannvoll ApS, Denmark It has been a month of negative corrections in the USG Supramax/Ultramax segment amid a growing tonnage list, as well as an absence of fresh cargo offers for spot layc...News - 28 September 2022 |
A matter of scaleWhile significant advances have been made in carbon capture technology for the cement industry, the issues of scale and cost loom large over the sector. A modular approach to the introduction and ...Articles - 27 September 2022 |
Ambuja and UltraTech win legal battle against electricity price hikesAmbuja Cements and UltraTech Cement are among a number of companies who have won a legal battle against electricity distribution entities in Rajasthan over an increase in cross-subsidy surchar...News - 27 September 2022 |
Sagar Cements welcomes new chairmanIndia's Sagar Cements Ltd (SCL) has appointed Kalidindi Venkata Vishnu Raju as chairman, effective from 24 September 2022. He succeeds K Thanu Pillai. Mr Vishnu Raju is also on the board of Anja...News - 27 September 2022 |
Shree Cement adds 7MW solar power plant to Panipat factoryGensol Engineering has commissioned a 6.7MWp solar project for Shree Cement Ltd at its Panipat Cement plant, Haryana. The solar power plant is estimated to save approximately 9192tpa equivalen...News - 26 September 2022 |
Udaipur to raise funds through NCDsIndia’s Udaipur Cement Works Ltd has announced that it will raise INR3500m (US$43.2m) in a private placement of non-convertible debentures (NCDs). The proposed date of allotment for 3500 NCDs wi...News - 23 September 2022 |
Adani Group to double cement production capacityThe Adani Group plans to double its cement production capacity over the next five years, according to Gautam Adani, group chairman. Speaking at an event in Mumbai to mark the closure of Adani Gr...News - 20 September 2022 |