Cement News tagged under: India

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Indian cement prices to rise further in December

06 December 2022, Published under Cement News

Cement prices in India are expected to rise by INR10-15/bag (US$0.12-0.18/bag) this month, according to a report by Emkay Global Financial Services Ltd. Since August this year, prices have risen by up to INR16/bag with November alone seeing them advance by INR6-7/bag. While prices remained flat in Western and Central parts of the country, they hardened in Northern, Eastern and Southern regions, reports Business Standard. “Absorption of the price hikes will get revealed over the next few d...

Ambuja Cements and ACC Ltd win sustainable waste award

06 December 2022, Published under Cement News

ACC Ltd and Ambuja Cements , part of the Adani Group , have scooped the Platinum Award at the 12th International Conference & IPLA Global Forum 2022 in Sustainable Waste Management & Circular Economy (IconSWM-CE). The companies were recognised for their pre-processing and co-processing facilities at the Ambujanagar and Wadi cement plants with Wadi ranked platinum in two out of the eight categories and Ambujanagar ranked platinum in four out of eight categories. Both companies offe...

JK Cement begins clinker production at Panna site

05 December 2022, Published under Cement News

JK Cement commenced clinker production at its new site in Panna , Madhya Pradesh, India on 3 December 2022. The new facility has a production capacity of 2.64Mta.

UltraTech Cement commissions 3.6Mta of new grinding capacity

05 December 2022, Published under Cement News

UltraTech Cement Co has announced the commissioning of its 3.6Mta of new grinding capacity in India. Firstly, the 1.8Mta greenfield grinding capacity at the Dhule Grinding Unit , Maharashtra has been commissioned. Secondly, the commissioning of the 1.8Mta brownfield, clinker backed, second line grinding capacity at Dhar Cement Works , Madhya Pradesh, has been completed.   This forms part of the first phase of capacity expansion announced in December 2020. The company’s total cement m...

Adani Group to refinance Ambuja Cements and ACC bridging loans

02 December 2022, Published under Cement News

The Adani Group is reported to be in talks with several foreign banks to refinance US$3.5bn of bridging loans taken for the acquisition of Ambuja Cements Ltd and ACC Ltd this year. The loans were taken by the Mauritius-based promoter entity Endeavour Trade and Investment, a special-purpose vehicle that acquired Ambuja Cements' stake from Swiss cement major Holcim in an all-cash transaction of US$6.5bn, according to the Business Standard.   The tenure of the refinanced loans...

Spearheading sustainability

30 November 2022, Published under Cement News

Organisations in India connected with the cement or concrete, construction and ancillary business sectors are compelled to focus on a strategy that integrates the company’s larger vision with sustainability goals. In this article, Mahendra Singhi, MD & CEO at Dalmia Cement (Bharat) Ltd, discusses how leading cement companies in India such as Dalmia Bharat Ltd are spearheading the industry’s shift towards a circular economy. By Mahendra Singhi, Dalmia Cement (Bharat) Ltd, India. Dalmia...

Ambuja Cements and ACC lead the way on water positivity

30 November 2022, Published under Cement News

Ambuja Cements and ACC are leading the way in water positivity, according to a report in Business Standard. Over the last 20 years both companies have put initiatives in place to not only address water conservation in their production processes but also tackle water scarcity across India. Globally, Ambuja Cements is the only cement producer that has been recognised for its leadership in water security in CDP 2021 with the best ‘A’ score, while both companies have scooped numerous awar...

India: shifting gears

28 November 2022, Published under Cement News

After nearly a decade of subdued growth, India’s cement industry is heading towards better days ahead. A quicker-than-expected recovery in demand following the COVID-19 pandemic has put the cement sector on a high growth trajectory and domestic manufacturers are gearing up for the next growth cycle. Gearing for growth: amid the Indian government’s continuous focus on infrastructure, housing, irrigation and a special emphasis on highways and expressways across the length and breadth...

UltraTech Cement to take excess RDF waste

28 November 2022, Published under Cement News

The Manali Municipal Council (MC) has sent letters to the Kullu MC along with the Bhuntar and Banjar Nagar Panchayats, asking them not to send garbage to the waste treatment plant at Rangri in Manali, from 1 December, citing the excessive accumulation of waste at the local plant. Further, orders have also been issued to the company operating the plant not to accept   rubbish from any other place than Manali. Manali MC Executive Officer (EO), Mr BR Negi, said   even nearby panchayats had ...

RHI Magnesita acquires Dalmia Bharat Refractories Ltd

22 November 2022, Published under Cement News

RHI Magnesita announces the acquisition of the Indian refractory business of Dalmia Bharat Refractories Ltd (DBRL) via a share swap agreement, in exchange for 27 million shares in RHI Magnesita India Ltd, a 70 per cent owned subsidiary of the group. DBRL is one of the leading refractory producers in India with approximately 1200 employees and production capacity of over 300,000tpa, from five refractory plants and raw material sites. Commenting on the acquisition, Stefan Borgas, CEO of R...