Cement News tagged under: Indian sub-continent

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Orient Cement reports INR99.87bn net profits

18 May 2021, Published under Cement News

Orient Cement Ltd (CK Birla group) has reported an over two-fold jump in net profit at INR99.87bn (US$1.36bn) in the fourth quarter ended March 2021. It had posted a net profit of INR44,060m for the January-March quarter a year ago. Its revenue from operation rose 27.06 per cent to INR831,610m during the quarter as against INR654.520m in FY4Q2020 For the fiscal year 2020-21, Orient Cement’s net profit rose to 214,180m It was INR86,580m in the previous year.

IKN wins cooler order from Jaykaycem Central

12 May 2021, Published under Cement News

IKN has received an order from Jaykaycem Central Ltd for a new cooler project at Panna, Madhya Pradesh, India. The new 8000tpd clinker cooler will be a two-stage cooler, equipped with an intermediate roll crusher. It is particularly designed to recirculate vent air to boost the waste heat recovery system (WHRS).   One of the new features is a variable cooler inlet slope between 10-15° to adjust to the prevailing clinker conditions, says IKN.

UltraTech Cement's 19.5Mta capacity projects start civil work

11 May 2021, Published under Cement News

UltraTech Cement has placed most of the equipment orders and has seen the start of civil work at the sites of its capacity expansion projects, according to a company update. Earlier the company had approved capacity expansion plans of 19.5Mta through a mix of brownfield and greenfield expansion, covering five integrated cement plants and 12 grinding units. The additional capacity is being created in the fast-growing markets of the east, central and north regions of the country. ...

UltraTech Cement has CO2 reduction targets validated

11 May 2021, Published under Cement News

The Science-Based Targets initiative (SBTi) has validated UltraTech’s carbon dioxide (CO 2 ) emissions reduction targets. In July 2020 the company had committed to set ‘science-based targets’ to reduce its greenhouse gas (GHG) emissions. UltraTech has also committed to reduce Scope 1 GHG intensity by 27 per cent by 2032 from the base year of 2017 and Scope 2 GHG intensity by 69 per cent within the same time frame. The SBTi has validated UltraTech’s GHG reduction targets which covers the tar...

UltraTech Cement reports consolidated net sales of INR142.3bn in 1Q21

10 May 2021, Published under Cement News

UltraTech Cement Ltd saw consolidated net sales of INR142,320m (US$1.94bn) in the 1Q21 vis-à-vis INR106,890m over the corresponding period of the previous year. Profit before interest, depreciation and tax was INR37,510m vis-à-vis INR26,450m in the corresponding period of the previous year. Profit after tax was INR17,750m compared to INR11,290m in the corresponding period of the previous year.   For the full year, consolidated net sales reached INR442,390m when compared with INR417,810m ...

Thal Ltd plans bag plant in Hub in Balochistan

29 April 2021, Published under Cement News

Thal Ltd, a subsidiary of House of Habib and paper bag manufacturer to a range of industries including Pakistan's cement companies, is setting up a plant to manufacture polypropylene woven bags in Hub with an investment of PKR1.7bn (US$11m). The state-of-the-art plant that has the capacity to produce 90m bags annually has been procured from Windmöller & Hölscher of Germany. Expressing his views on this new investment, CEO of Thal PPD, Syed Umair Ahmed, said, "Thal Ltd also has a p...

ACC Ltd outlines its new capacity projects

15 April 2021, Published under Cement News

ACC Ltd (LafargeHolcim) plans to increase its clinker and cement capacities which will see an integrated greenfield project of 2.7Mta clinker capacity with 1Mta grinding unit at Ametha in Kymore, Madhya Pradesh. Expansion of the existing Tikaria grinding unit with 1.6Mta cement capacity and a grinding unit in Shonebhadra district, Uttar Pradesh, with 2.2Mta of capacity is progressing, said the company. The company also recently completed and commissioned a new grinding unit at Sindri, ...

Ambuja Cement expects to commission Mundwa plant in 3Q21

12 April 2021, Published under Cement News

Ambuja Cement will complete its integrated greenfield cement plant at Mundwa in Rajasthan with învestment of INR23,500m (US$314.4m) in   3Q21. The new plant will enhance the clinker capacity of the company by 3Mta and help improve cement sales by 5Mta. Ambuja Cement is also evaluating brownfield expansions at plants in Bhatapara in Chattisgarh and Maratha (Chandrapur), Maharashtra, in addition to looking at debottlenecking opportunities to reach 50Mta capacity. Addressing shareholders ...

Birla Cement is to benefit from new open access solar power project

08 April 2021, Published under Cement News

Waaree Energies, India’s largest solar module manufacturer has supplied 330wp & 335wp solar modules for a 28MWp captive solar open access project in Uttar Pradesh that will supply power to Birla Corporation Ltd (MP Birla Cement).   This is the first captive open access project commissioned in Uttar Pradesh under the Uttar Pradesh Connectivity Auction. The project which was inaugurated in March 2021.  

Maple Leaf Cement Factory awards a contract for Punjab brownfield project

25 March 2021, Published under Cement News

Maple Leaf Cement Factory Ltd (MLCFL) has signed a contract with plant supplier Chengdu Design & Research Institute of Building Materials Industry Co Ltd, China, for the supply of equipment and engineering for a 7000tpd dry-process grey clinker Line (No 4), through a brownfield expansion project in Punjab province, Pakistan.  According to a communication to Pakistan Stock Exchange (PSX) by Company Secretary, Muhammad Ashraf, the agreement was reached on 22 March to enhance its clinker p...