Cement News tagged under: India
UltraTech Cement buys land from The India Cements Ltd22 September 2023, Published under Cement NewsUltraTech Cement ( Aditya Birla Group ) has entered into an agreement with The India Cements Ltd , on 21 September 2023 to purchase a 73.35-acres plot of land (which includes land of 14.53 acres to be procured), located at villages Kantakapalle and Chinnipalem, Mandal Kothavalasa, District Vizianagram, Andhra Pradesh, for a consideration of INR70,000m, exclusive of taxes, stamp duty and registration charges. “This is for the purposes of the business of the company. The disclosure i... |
JK Lakshmi Cement to buy Amplus Helios solar stake20 September 2023, Published under Cement NewsIndia-based JK Lakshmi Cement Ltd , part of JK Organisation, has announced it will acquire a 20.80 per cent stake in Amplus Helios Pvt Ltd, a special purpose vehicle to set up a 50MWAC solar power plant in Chhattisgarh, India. The stake will be bought for INR21.6m (US$0.25m). The acquisition will enable JK Lakshmi Cement to secure the source of 40MWAC solar power for its Durg plant. |
Heidelberg Materials partners UNTHA in Zuari Cement project20 September 2023, Published under Cement NewsHeidelberg Materials has revealed a new single-step alternative fuel production line in India, with the help of UNTHA shredding technology. The system has been installed at the Yerraguntla cement plant in Andhra Pradesh, owned and operated by Zuari Cement (Heidelberg Materials Group). This well-known Indian firm has a cement manufacturing capacity of 7.1Mta. Handling both pre-sorted and unsorted municipal solid waste (MSW) collected from throughout the region, it can process 20t of 10... |
Humboldt Wedag India wins Deccan Cements Ltd's grinding expansion project15 September 2023, Published under Cement NewsDeccan Cements Ltd has awarded Humboldt Wedag India (a KHD company) a contract to increase capacity at an existing Bhavinipuram clinker grinding plant in India. The upgrade will also allow the company to produce both ordinary Portland and pozzolana Portland cements (OPC and PPC) on the same mill. The plant currently comprises a single ball mill producing 155tph of OPC at 2900 Blaine. Following the upgrade, capacity will increase to 310tph of OPC at 3200 Blaine and 370tph of PPC at 3600 ... |
ACC commences production at Ametha plant15 September 2023, Published under Cement NewsACC , part of the Adani Group , has begun clinker production at its new Ametha cement plant in Madhya Pradesh, India, reports Business Line. The integrated works has a 3.3Mta clinker capacity and 1Mta cement capacity. The greenfield project takes ACC’s overall cement production capacity to 37Mta. It also boasts a 16.3MW waste heat recovery system and has the potential to use up to 15 per cent alternative fuels and raw materials. According to Ajay Kapur, CEO of the cement busines... |
Birla Corp announces expansions in FY25-2607 September 2023, Published under Cement NewsBirla Corp , the flagship company of MP Birla Group , is planning to increase cement production to 25Mta by the end of financial year 2025-26. The existing capacity of Birla Corp headed by Harsh V Lodha stands at about 20Mta. The company is planning to ramp up its production capacity from a greenfield cement plant at Mukutban near Nagpur, setting up a setting up a second clinker unit at Maihar in Madhya Pradesh and constructing new grinding units in north India. “With the commissio... |
Ramco Cements commissions WHRS at Kolimigundla06 September 2023, Published under Cement NewsRamco Cements has announced the successful commissioning of its 12MW waste heat recovery system (WHRS) at its Kolimigundla plant in India. This takes the company’s total WHRS capacity to 43MW. The company also has 166MW of wind power capacity. According to Ramco, the share of green power is expected to reach 45 per cent of its total energy consumption as part of its ongoing efforts to reduce its reliance on fossil fuels and minimise greenhouse gas emissions. |
Adani Cements plans green capacity expansion05 September 2023, Published under Cement NewsThe new capacity additions for Adani Cements would be only for manufacturing of green cement, as it looks to double the production of the commodity to about 140Mta by FY27-28. The two Adani Group cement companies, ACC and Ambuja Cements, would only add capacities through the organic route, which would be mainly funded through internal accruals. Green cement is manufactured by reusing industrial wastes, such as slag and fly ash and energy efficiency modes, which reduces carbon emissions. Ind... |
JSW Cement reveals IPO plans to fund expansion04 September 2023, Published under Cement NewsJSW Cement is planning to launch an initial public offering (IPO) in 2024 to raise INR40,000m (US$483.8m) to fund its ongoing expansion plans, reports Live Mint. “In 2024, we are planning to take this company public, for which we will be filing the DRHP (draft red herring prospectus) in the next six months. We will be timing the market listing after the national elections,” confirmed Parth Jindal, managing director, JSW Cement. According to the company, it hopes to raise I... |
Orient Cement welcomes new company secretary04 September 2023, Published under Cement NewsOrient Cement , part of the CK Birla Group , has announced the appointment of Diksha Singh as company secretary and compliance officer with effect from 2 September 2023. She will take over the role from Nidhi Bisaria, who resigned effective from 1 September 2023. Ms Singh is a science and law graduate, and is an associate member of the Institute of Company Secretaries of India. She has more than 14 years’ experience working for listed companies. Prior to joining Orient Cement, she he... |