Cement News tagged under: UltraTech Cement
UltraTech Cement Ltd posts consolidated net sales of INR152,990m in 3QFY2223 January 2023, Published under Cement NewsUltraTech Cement Ltd ( Aditya Birla Group ) has announced its financial results for the quarter ended 31 December 2022. Consolidated net sales totalled INR152,990m (US$1.88bn) compared to INR127,100m over the corresponding period of the previous year. Profit after tax was INR10,580m as compared to INR11,730m in the 3QFY21-22, resulting in subdued margins. Domestic grey cement sales volume rose 13 and 12 per cent QoQ, respectively. Energy and raw material costs were up 33 and 13 pe... |
UltraTech improves CDP climate action rating to A-17 January 2023, Published under Cement NewsUltraTech has been recognised as a leader in 'climate change' by Carbon Disclosure Project (CDP), a global non-profit environmental organisation, for its 2022 CDP disclosure. UltraTech received an ‘A-’ score for implementing best practices and for taking concerted action on climate issues, securing a place in the Leadership category. UltraTech’s score of 'A-' in FY21-22 by CDP is a significant improvement from its previous score of 'B' in FY20-21. UltraTech’s score on 'climate ch... |
UltraTech Cement selects AUMUND as project partner06 January 2023, Published under Cement NewsUltraTech Cement Ltd has again selected AUMUND India as its partner for a big project. UltraTech Cement is the leading producer of grey and white cement and ready-mix concrete in India, and is one of AUMUND India’s major and longstanding customers. Dr Pietro de Michieli, CEO AUMUND Group, together with Raju Gupta, managing director AUMUND India, led negotiations with UltraTech for the new project. Raju Gupta and Pietro de Michieli celebrate the partnership (© AUMUND)... |
UltraTech Cement Ltd and IRM sign MoU20 December 2022, Published under Cement NewsIRM India Affiliate has signed a memorandum of understanding (MoU) with UltraTech Cement Ltd . IRM is the world’s leading professional body for enterprise risk management (ERM) qualifications across more than 140 countries and UltraTech is the largest manufacturer of grey cement and ready-mix concrete (RMC) in India. Both organisations will work towards enhancing ERM and risk intelligence in the Indian cement sector. Additionally, Atul Daga, executive director and CFO of UltraTech, has j... |
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... |
UltraTech Cement commissions 3.6Mta of new grinding capacity05 December 2022, Published under Cement NewsUltraTech Cement Co has announced the commissioning of its 3.6Mta of new grinding capacity in India. Firstly, the 1.8Mta greenfield grinding capacity at the Dhule Grinding Unit , Maharashtra has been commissioned. Secondly, the commissioning of the 1.8Mta brownfield, clinker backed, second line grinding capacity at Dhar Cement Works , Madhya Pradesh, has been completed. This forms part of the first phase of capacity expansion announced in December 2020. The company’s total cement m... |
UltraTech Cement to take excess RDF waste28 November 2022, Published under Cement NewsThe Manali Municipal Council (MC) has sent letters to the Kullu MC along with the Bhuntar and Banjar Nagar Panchayats, asking them not to send garbage to the waste treatment plant at Rangri in Manali, from 1 December, citing the excessive accumulation of waste at the local plant. Further, orders have also been issued to the company operating the plant not to accept rubbish from any other place than Manali. Manali MC Executive Officer (EO), Mr BR Negi, said even nearby panchayats had ... |
Ultratech places follow-up order with Gebr Pfeiffer21 November 2022, Published under Cement NewsAs part of Ultratech Cement Ltd 's expansion drive, Gebr Pfeiffer SE (Germany) and its Indian subsidiary Gebr Pfeiffer (India) Pvt. Ltd, has received an order for the delivery of several grinding plants with vertical roller mills (VRMs) for grinding cement raw material as well as solid fuels. The cooperative partnership between Ultratech Cement Ltd, India's largest cement producer, and Gebr Pfeiffer is once again confirmed and expanded by this follow-up order, the equipment manufacture... |
Birla White wall care plant starts operations in Nathdwara21 November 2022, Published under Cement NewsUltraTech Cement has commenced the third Birla White wall care putty plant at Nathdwara, Rajasthan, India with a capacity of 4Mta at a total cost of INR1870m (US$22.8m). The existing two plants are situated at Kharia in Rajasthan and Katni in Madhya Pradesh. The company now has a wall care putty capacity of 13Mta, further strengthening its position in the markets. Along with its existing white cement manufacturing capacity in India and its investment in Ras Al Khaimah Co for Whi... |
Grasim Industries announces 2% fall in net profit16 November 2022, Published under Cement NewsGrasim Industries, which has a 57 per cent stake in UltraTech Cement Ltd , has reported standalone net profit of INR9643m (US$118.8m) in the quarter ended 30 September 2022, down 1.5 per cent YoY. Revenue from operations over the same period advanced almost 37 per cent to INR67,450m, while EBITDA expanded 19.4 per cent to INR9566m. Margins, however, contracted by 206 basis points to 14.18 per cent, according to The Economic Times, driven by a sharp hike in input costs and other expenses... |