Cement News tagged under: India
ACC Ltd and Ambuja Cements shut two plants over transporter dispute16 December 2022, Published under Cement NewsThe management of Ambuja Cements and ACC Ltd ( Adani Group ) have shut the Darlaghat/Rauri and Gagal plants following a rise in transportation and raw material costs, and a dispute between the cement transporters and cement producers regarding the increase in freight charges. The dispute has adversely affected the market share of the company as cement transports have fallen considerably. All employees have been advised not to attend duties with immediate effect until further inst... |
West Bengal invites cement producers to invest15 December 2022, Published under Cement NewsShashi Panja, Commerce and Industry Minister of West Bengal, India, has openly invited cement companies to invest in the state. Speaking at an interactive session on cement organised by the Indian Chamber of Commerce on 14 December 2022, Ms Panja said that growing cement demand in the east of the country and the abundant availability of coal make the state a suitable destination for cement manufacturers. With many cement producers facing rising coal prices and shortages in supply, the Wes... |
UltraTech Cement commissions 1.9Mta grinding plant14 December 2022, Published under Cement NewsUltraTech Cement ( Aditya Birla Group ) has commissioned its 1.9Mta greenfield clinker backed grinding capacity at Pali Cement Works , Rajasthan India. This forms part of the first phase of capacity expansion announced in December 2020, as informed earlier by our letter dated 3 December 2020. The company along with its subsidiary now has 16.25Mta cement capacity in the state of Rajasthan spread over five separate plant locations. UltraTech Cement’s total cement manufacturing capacity i... |
Dalmia Bharat to acquire Jaiprakash Associates Ltd13 December 2022, Published under Cement NewsFollowing CemNet's Jaiprakash Associates Ltd news story on Monday , Dalmia Bharat Cement has announced the acquisition of the cement assets of Jaypee Group 's flagship company Jaiprakash Associates Ltd (JAL) and its associate company's at an enterprise value of INR56,660m (US$). In a regulatory filing, Dalmia Bharat informed that its wholly-owned subsidiary Dalmia Cement (Bharat) Ltd (DCBL) has entered into a "binding framework agreement for the acquisition of clinker, cement and po... |
Adani Cement launches Geoclean waste management solution13 December 2022, Published under Cement NewsAdani Cement has launched its new waste management initiative, Geoclean, to reduce emissions from its cement production processes. Built on the foundation of sustainability and circular economy, Geoclean offers innovative waste management solutions to the agricultural, industrial and public/municipal sectors. Through the co-processing of waste from these sectors, Geoclean ensures the recovery of energy and recycling of materials, leaving zero residues, reports India CSR. “We are committ... |
Jaiprakash Associates convenes divestment meeting12 December 2022, Published under Cement NewsJaiprakash Associates ( Jaypee Group ) has informed that a board meeting has been convened to apprise the board of the recommendations of the audit committee and the progress on the various divestment initiatives. Jaypee Power Ventures (Jaypee Group) will hold a board meeting on Monday, 12 December to consider a proposal to divest its Nigrie cement grinding plant in Madhya Pradesh. In a regulatory filing, Jaypee Power Ventures informed that a board meeting has been convened on Monday t... |
Siam Cement Group enters JV for new ACC plant09 December 2022, Published under Cement NewsThailand-based Siam Cement Group (SCG) has entered into a joint venture (JV) with India’s BigBloc Construction (BCL) to build a greenfield plant to manufacture aerated autoclaved concrete (AAC) blocks and AAC panels. The JV, known as Siam Cement BigBloc Construction Technologies, is 52 per cent controlled by BCL and 48 per cent controlled by SCG. The new works marks an investment of INR650m (US$7.9m), according to Financial Express, and will be located in the Kheda district, near Ahmed... |
Groundbreaking at JK Cement's Madhya Pradesh grinding plant07 December 2022, Published under Cement NewsJK Cement has performed a groundbreaking ceremony for its 1.5Mta greenfield grinding unit in Madhya Pradesh’s Ujjain district. Construction and installation activities have commenced with an investment of INR4000m (US$48.5m) Currently, JK Cement has two operating units in the state, a greenfield integrated cement plant at Panna and a wall putty plant in the district of Katni. The company plans to increase its cement production capacity to 25Mta by FY2024-25 and has developed a roadmap ... |
Indian cement prices to rise further in December06 December 2022, Published under Cement NewsCement 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 award06 December 2022, Published under Cement NewsACC 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... |