Cement News tagged under: UltraTech Cement
UltraTech Cement report consolidated net sales of INR184,360m02 May 2023, Published under Cement NewsUltraTech Cement Ltd has announced its financial results for the quarter and year ended 31 March 2023 with consolidated net sales totalling INR184,360m (US$2.26bn), a rise of 19 per cent compared to INR155,570m in the corresponding period of the previous year. Profit before interest, depreciation and tax in the 4QFY22-23 reached INR34,440m, versus INR31,650m in the corresponding period of the previous year. Profit after tax was INR16,660m compared to a normalised profit INR14,780m (before... |
UltraTech Cement transports phosphogypsum on inland waterways27 April 2023, Published under Cement NewsA 57,000t consignment of phosphogypsum has been transported in a bulk cargo carrier from Paradeep port in Odisha and reached the jetty of UltraTech Cement’s ( Aditya Birla Group ) integrated cement plant, Gujarat Cement Works (GCW), in Kovaya, Amreli district, Gujarat, on 26 April 2023. Mr KC Jhanwar, UltraTech Cement Ltd 's managing director, said, “The cement industry plays a pivotal role in driving the circular economy in India through the use of industrial and municipal waste in ce... |
India adds 7Mta as expansion plans continue24 April 2023, Published under Cement NewsIndia’s cement producers have added around 7Mta of cement production capacity in the last few weeks alone as their expansion plans continue. According to Argus Media, UltraTech Cement has added 2.2Mta at its Bihar unit, raising its total cement production capacity to 129.15Mta as part of plans to reach 200Mta by 2030. Dalmia Bharat Cement plans to add 12Mta by 2024 with the ultimate aim of reaching 110-130Mta by 2031. The company recently added 2.5Mta, taking its total capacity to 4... |
UltraTech commissions 2.2Mta grinding unit expansion21 April 2023, Published under Cement NewsUltraTech Cement has commissioned its 2.2Mta grinding unit expansion at Patliputra , Bihar, India. According to the company, the additional capacity will help increase its presence in the fast-growing East region as well as expanding its blended cement ratio. UltraTech’s cement production capacity in the state now stands at 4.7Mta, while its total capacity in India has risen to 129.15Mta, reports BusinessLine. |
UltraTech recognised in Sustainability World Index13 April 2023, Published under Cement NewsUltraTech Cement is ranked sixth in the global sectoral ranking of the S&P Global Dow Jones Sustainability World Index (DJSI). UltraTech is the only Indian company in the top 10 in the construction material sector for the second year in a row. UltraTech has been assessed with an overall score of 80 by DJSI for the financial year 2021-22. The company’s performance improved significantly on each of the three Environment, Social and Governance (ESG) metrics: • Environment score of 84 is ... |
Indian cement volumes forecast to rise 6% in 4QFY22-2312 April 2023, Published under Cement NewsIndia’s cement sector is expected to see growth in the 4QFY22-23 of around six per cent YoY and 13 per cent QoQ, according to a new report by Antique Stock Broking Ltd (ABS). Industry volume is predicted to reach around 109Mta with a utilisation rate of 80 per cent in the 4QFY22-23. UltraTech Cement has already reported grey cement volumes of 30Mt, up 14 per cent YoY, implying a utilisation rate of 94 per cent on expanded capacities. The total cost per tonne of cement is forecas... |
UltraTech rolls out LNG trucks at Pune11 April 2023, Published under Cement NewsUltraTech Cement has extended its use of LNG-fuelled trucks to its bulk terminal in Pune, India. Green Planet Logistics, India's first LNG-fuelled trucking logistics company, will be providing its GreenLine trucks as part of UltraTech’s continued commitment to the decarbonisation of its operations, according to Realty Plus. The cement producer has already introduced GreenLine trucks at its Awarpur Cement Works near Nagpur. According to Green Planet Logistics, its GreenLine LNG trucks ... |
UltraTech sees 12% hike in sales volume in FY22-2304 April 2023, Published under Cement NewsUltraTech Cement , part of Aditya Birla Group , has reported a 12 per cent advance in consolidated sales volume, including its overseas operations in UAE, Bahrain and Sri Lanka, to 106Mt in the FY22-23, ending March 2023. In the 4QFY22-23 sales volumes were up 15 per cent YoY to 30Mt from 26Mt while consolidated sales increased by 14 per cent YoY to 32Mt from 28Mt. |
UltraTech Cement wins Water Sustainability Award22 March 2023, Published under Cement NewsUltraTech ( Aditya Birla ) has been presented the ‘TERI-IWA-UNDP Water Sustainability Award 2022’ by The Energy and Resources Institute (TERI) in association with the International Water Association (IWA) and the United Nations Development Program (UNDP). The award was conferred to UltraTech at the ‘Second Water Sustainability Awards 2022-23’ at New Delhi on the eve of World Water Day 2023. UltraTech was recognised under the ‘Water For All’ category for the watershed project implemente... |
13 UltraTech mines receive 5-star rating14 March 2023, Published under Cement NewsUltraTech Cement Ltd has announced that 13 of its mines received five-star ratings for year 2021-22 from the Indian Bureau of Mines at the 75 th anniversary celebrations of the Indian Bureau of Mines. These are the highest number of five-star ratings awarded to any company in India across all sectors. Conceptualised by the Ministry of Mines, the star ratings are based on adoption of best practices for implementation of Sustainable Development Framework in mining. A five-star ratin... |