Birla Corp reports 27% net profit increase
India’s Birla Corp has posted a net profit of INR2.49bn (US$33.87m) in the 4QFY20-21, up 27 per cent YoY from INR1.95bn, as cement sales advanced 24.5 per cent YoY to 4.17Mt. Re...
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OPGC sends fly ash to Star Cement
India-based Odisha Power Generation Corp (OPGC) has begun dispatching fly ash to Star Cement’s plant in Assam, with around 4000t sent from its thermal power station yesterday. O...
IKN wins cooler order from Jaykaycem Central
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, equippe...
UltraTech Cement's 19.5Mta capacity projects start civil work
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. Ear...
UltraTech Cement has CO2 reduction targets validated
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-...
UltraTech Cement reports consolidated net sales of INR142.3bn in 1Q21
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 in...
Nuvoco Vistas set to file papers for INR50bn IPO
India’s Nuvoco Vistas Corp is shortly expected to file preliminary papers with the Securities and Exchange Board of India to raise INR50bn (US$679.35m) through an initial public...
Gallantt Industry orders ready2grind plant
Gallantt Industry has ordered the first ready2grind plant for the Indian subcontinent from Gebr Pfeiffer, which will be installed at its Gorakhpur factory in Uttar Pradesh, Indi...
NCL Industries receives approval for 110tph project
India’s NCL Industries has received board approval to set up a 110tph cement grinding and packing facility at its third line in Mattapalli, Telangana. The project represents an ...
Ambuja Cements has posted a 30% rise in net sales
India’s Ambuja Cements (LafargeHolcim) has posted a 29.7 per cent YoY rise in net sales to INR35.79bn (US$483.19m) for the January-March 2021 quarter, compared to INR27.6bn in t...