Cement News tagged under: India

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Kerala cement plants handle 48,000t of non-recyclable waste

16 April 2024, Published under Cement News

Cement plants located in India's southern state of Kerala received around 48,000t of non-recyclable waste generated within the state in 2023. The waste was used to provide refuse-derived energy for the cement facilities, according to The Hindu. The waste reportedly amounted to just under 30,000t generated by the government sector, and just over 18,000t from the private sector. According to local government sources, the waste was segregated at material collection facilities before being se...

Ambuja and ACC cements gain GRIHA recognition

15 April 2024, Published under Cement News

Ambuja Cements and ACC have achieved certification for their sustainable blended cement products and are now enlisted in GRIHA's Product Catalogue. According to the companies, this underscores their leading role in green cement production and commitment to achieving net zero emissions by 2050. GRIHA Council is an independent society developed for the promotion and adoption of sustainable habitats in the Indian subcontinent. It was established in 2007 with the combined efforts of the ...

Indian cement stocks boosted 3% due to increasing bag prices

09 April 2024, Published under Cement News

Indian cement stocks have seen significant price increases, as major companies have imposed price hikes on bags of cement (averaging INR10-INR15 per bag).  The five key producers ( UltraTech Cement , Shree Cements , Ambuja Cement , ACC and Dalmia Bharat ) all experienced gains in share price, ranging between one and three per cent on 3 April 2024.  Sources in the industry have reported that various companies in the region have announced prices increases of INR10-15 per bag in t...

Indian cement leaders will expand capacity by 42.1Mta in FY24-25

08 April 2024, Published under Cement News

UltraTech Cement announced plans to commission an additional 5.4Mta of production capacity, which will bring its overall capacity to 151Mta. This expansion is part of a wider effort to increase its production by 21.6Mta in FY24-25. ACC-Ambuja Cement, the company’s closest competitor, has also announced an addition of 11.6Mta of capacity in FY24-25.  Kolkota-based Shree Cement Ltd announced that it has commissioned a further 3Mta of capacity. Industry analysts estimate that the compa...

UltraTech Cement Ltd completes 100MW solar energy project

05 April 2024, Published under Cement News

UltraTech Cement Ltd has completed a 100MW solar energy project under the Group Captive scheme in the state of Rajasthan. This is the company’s first project for sourcing power for its captive consumption from the inter-state transmission network. Power from this project will be available to the company’s Units in Rajasthan, Gujarat, Himachal Pradesh, Tamil Nadu, Odisha among others. This project is part of UltraTech Cement's stated commitment to increase green power mix to 85 per cent by...

UltraTech announces two new greenfield plants

03 April 2024, Published under Cement News

UltraTech Cement is investing INR324,000m (US$3.89bn) in capex over the next three years, including two new greenfield plants, which will add an additional 5.4Mta in cement production capacity. The two facilities will be located in Chhattisgarh and Tamil Nadu, taking the company’s total cement capacity to 151.6Mta. According to the company, this capacity is equivalent to more than 150 per cent of the capacity in the USA and 80 per cent of the capacity in Europe.  It has taken 36 years f...

Shree Cement inaugurates new 3Mta plant

02 April 2024, Published under Cement News

Shree Cement has inaugurated its new 3Mta cement plant in Guntur, India. Commissioned six months ahead of schedule, the new facility marks an investment of over INR25,000m (US$300m), reports The New Indian Express. Located in Dachepalli village, Guntur district of Andhra Pradesh, the new plant is Shree’s sixth integrated plant in India and its second in the south of the counrry after its 4Mta works in Kodla , Karnataka. The cement producer's total production capacity now stands at 56.4Mta...

Pakistan hopes to resume cement and other trade with India

01 April 2024, Published under Cement News

Two federal ministers of Pakistan, Foreign Minister, Ishaq Dar, and Minister for Maritime Affairs, Qaiser Ahmed Sheikh, have shown intention to resume trade with India, which has been halted since August 2019 following India’s revocation of the special status for Jammu and Kashmir. Both ministers viewed that business people wanted the resumption of trade, but this required further talks and approval by the country's government and parliament. In addition, exporting cement from Pakistan via ...

UltraTech Cement raises capacity with debottlenecking programme

29 March 2024, Published under Cement News

During the course of its capacity expansion programme, the UltraTech Cement  ( Aditya Birla Group ) had identified opportunities for debottlenecking and efficiency improvements across various locations, including its wholly-owned subsidiary. Some of these upgrades have since been completed, resulting in additional production capacity of 2.4Mta.  The increases in capacity were at the company's grinding units in Magdalla , Gujarat (+0.4Mta), Sonar Bangla , West Bengal (0.6Mta), Neem ka Th...

Gautam Adani injects US$799m into Ambuja

28 March 2024, Published under Cement News

Gautam Adani and his family have invested a further US$799m in Ambuja Cements Ltd , raising their stake in the cement producer to 66.7 per cent. According to Bloomberg News, the move is indicative of the billionaire’s confidence in the cement business as India undergoes an infrastructure boom.  Adani  first acquired a controlling stake in Ambuja Cements Ltd and ACC Ltd in 2022 for US$10.5bn. This latest investment will help Ambuja Cements increase its production capacity to a target 1...