Cement News tagged under: India
Dalmia Bharat sees revenue advance YoY in June quarter21 July 2023, Published under Cement NewsDalmia Bharat has reported its unaudited consolidated results for the quarter ended 30 June 2023, with revenue from operations coming in at INR36,240m (US$442m) over the three-month period. This compares to INR39,120m in the previous quarter, and INR33,020m in the same period a year earlier. Profit for the June 2023 quarter stood at INR1440m, down from INR6080m in the previous quarter and INR2050m in the same period in 2022. Total expenses in the quarter ended 30 June 2023 were reported... |
GCCA and LeadIT release Green Cement tracker21 July 2023, Published under Cement NewsThe Leadership Group for Industry Transition (LeadIT) and the Global Cement and Concrete Association (GCCA) have launched a new decarbonisation tracker, to help policymakers, industry experts, academics and the public monitor worldwide decarbonisation efforts in the cement industry. The Green Cement Technology Tracker was unveiled at an international inter-governmental meeting focused on clean energy, which is taking place in India. Per Andersson, head of the Secretariat – LeadIT, sai... |
UltraTech Cement Ltd releases its FY22-23 Sustainability Report21 July 2023, Published under Cement NewsUltraTech Cement Ltd has released its Annual Sustainability Report for the FY22-23. Achieving a net CO 2 intensity of 557kg CO 2 /t of cementitious products in FY22-23, UtraTech Cement’s net CO 2 intensity has decreased by 12 per cent against the commitment of 27 per cent reduction by 2032 from the base year of 2017. The company achieved this while increasing YoY volume growth of 14 per cent in FY22-23. UltraTech Cement Ltd h as achieved a water positivity of 4.17 times and plas... |
IKN wins Prism Cement cooler order20 July 2023, Published under Cement NewsPrism Cement has ordered an IKN pendulum clinker cooler. Pre-assembly of the IKN pendulum cooler will take place at Prism Cement's plant in India and it will replace the air beam technology cooler with the latest static inlet. This project will improve the recuperation efficiency, reduce the power and clinker temperature, and improve WHRS performance with hot air recirculation. IKN carries out the pre-assembly before the kiln shutdown so that the cooler can be erected quickly a... |
HeidelbergCement India reports marginal uptick in revenue19 July 2023, Published under Cement NewsHeidelbergCement India has reported revenue of INR5956.4m (US$72.5m) in the first quarter of FY2023-24 ended 30 June 2023. This is up marginally on the INR5898m seen in the same period a year earlier. Net profit over the same timeframe advanced 1.37 per cent to INR523.2m as fuel and packaging costs eased. The company’s total expenses over the quarter were INR5389m, up 1.51 per cent YoY, while sales volumes improved 8.2 per cent. HeidelbergCement India currently runs operations in ... |
India's CMA appoints new president19 July 2023, Published under Cement NewsIndia’s Cement Manufacturers’ Association (CMA) has appointed Neeraj Akhoury, managing director at Shree Cement Ltd , as its new president, and Parth Jindal, managing director of JSW Cement Ltd , as its vice-president. Mr Akhoury brings with him more than 30 years of experience in the steel and cement industries, having worked in various leadership roles in India and other emerging markets. "As a future direction, the Indian cement industry would like to reiterate its commitment to bein... |
Dalmia Cement's Ariyalur plant starts new IKN cooler19 July 2023, Published under Cement NewsAn IKN Pendulum cooler has been installed at Dalmia Cement’s Ariyalur plant in India. IKN engineers have designed an innovative Pendulum cooler with a compact design that allows pre-assembly and reduces on-site assembly time. The cooler has been designed to gradually increase the rated capacity of production. The first clinker arrived at the cooler on 16 July 2023. |
UltraTech commissions 1.3Mta expansion in West Bengal13 July 2023, Published under Cement NewsUltraTech Cement has commissioned its 1.3Mta brownfield cement capacity expansion at Sonar Bangla , West Bengal, taking the plant’s total capacity to 3.3Mta. This marks completion of the company’s first phase of expansion in the eastern region. UltraTech has commissioned cement capacity of 10.3Mta in the region over the last two years, catering to the rapidly-growing cement demand in the area. The new capacity will also increase the company’s ratio of blended cement as part of its effo... |
Dalmia's Umrangso modernisation to use KHD technology12 July 2023, Published under Cement NewsDalmia Cement (Bharat) Ltd (DCBL) has awarded Humboldt Wedag India a contract for a new 9500tpd clinker line at its plant in Umrangso , Assam, in northeastern India. The project includes a range of best-available decarbonisation technologies, including roller press grinding technology for raw material preparation and a six-stage preheater with Pyroclon calciner, providing the best potential for waste heat recovery. The new line will be notable for its high utilisation of alternative fue... |
Prism Johnson transfers land and mining lease to Ramco Cements10 July 2023, Published under Cement NewsPrism Johnson Ltd is transferring a number of limestone-bearing land parcels in Andhra Pradesh to Ramco Cements Ltd . The land, located in Kalvatla and Kotapadu, comprises 1420 acres. Prism Johnson is also transferring a mining lease granted by the Government of Andhra Pradesh covering 663 acres to Ramco Cements Ltd, reports Realty Plus. According to Prism Johnson, it originally purchased the land parcels to set up a greenfield cement plant but has subsequently decided that its “curre... |