Cement News tagged under: UltraTech Nathdwara Cement

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UltraTech boosts capacity and reports 3Q results

22 October 2019, Published under Cement News

UltraTech completed the acquisition of Century's cement business, with the Scheme of Demerger  effective from 1 October 2019. With this acquisition, UltraTech's cement manufacturing capacity stands augmented to 117.4Mta, including its overseas capacity. This makes UltraTech the third-largest cement company in the world, outside of China. It is also the only company in the world to have a capacity of over 100Mta in a single country, outside of China. The quarter ended 30 September 2019 witn...

UltraTech

24 April 2019, Published under Cement News

In the quarter ending 31 March 2019, on a standalone basis, UltraTech Cement saw its domestic net sales increase by 18 per cent YoY to INR103.34bn. The domestic sales volume jumped 16 per cent YoY with the clinker capacity at Manavar, Madhya Pradesh, now operating at 100 per cent utilisation. Profit before interest, depreciation and tax came in at INR23.53bn, compared to INR18.14bn in the same period a year earlier. Variable costs during the quarter advanced by three per cent YoY on the back...

Binani Cement changes name following acquisition

14 December 2018, Published under Cement News

Binani Cement has announced that it will be changing its name to UltraTech Nathdwara Cement Ltd, following the company’s acquisition by UltraTech on 20 November. UltraTech Cement’s capacity in the northern region will be enhanced to 24Mta, with the producer expected to become one of the strongest in the market.