ACC has groundbreaking ceremony at Kymore
ACC carried out the groundbreaking ceremony of its 2.7Mta integrated plant with a 1Mta grinding unit at Ametha in Kymore, Madhya Pradesh, India, on 6 February 2021. The line has...
India
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Ambuja Cement to start biofuel sea trials
Ambuja Cement (LafargeHolcim group) is commencing sea trails for using biofuels in its fleet of captive ships, Ambuja Mukund, a move which is estimated to reduce carbon emission...
Dalmia Bharat reports 603% rise in profit
India’s Dalmia Bharat has seen a 603.3 per cent rise in consolidated profit after tax to INR1.83bn (US$25.1m) for the December quarter, compared to INR260m in the year-ago perio...
Ramco Cements sees 4% rise in revenue
India’s Ramco Cements has reported a four per cent YoY rise in revenue from operations to INR13.24bn (US$181.55m) for the December 2020 quarter. Gross earnings advanced 91 per c...
UltraTech Cement receives approval to raise INR30bn
India’s UltraTech Cement has received approval to raise INR30bn (US$411.42m) through the issuance of US dollar-denominated bonds. The proceeds from the issuance are expected to ...
Shree Cement reports 102% rise in net profit
India’s Shree Cement has reported a 102 per cent YoY rise in net profit to INR6.26bn (US$85.76m) for the December quarter, compared to INR3.12bn in the year-ago period. Revenue ...
JK Lakshmi Cement's sales rise 19% in Oct-Dec 2020
JK Lakshmi Cement Ltd recorded sales of INR11,928m (US$163.27m) in October to December 2020 compared to INR10,049.5m in October to December 2018, a rise of 19 per cent. JK Laksh...
Prism Johnson to raise cement capacity
Prism Johnson Ltd has approved of a 0.9Mta cement capcity expansion at Prism Cement's Satna cement plant, Madhya Pradesh, India. The new capacity will take the plants total ceme...
India Cements returns to profit in 3Q
India Cements has reported an INR693m (US$9.48m) net profit for the October-December 2020 period, compared to an INR94.3m net loss in the year-ago quarter. Revenue fell 4.8 per ...
Shree Digvijay Cement sees 17% rise in revenue
India’s Shree Digvijay Cement has announced a 17.2 per cent YoY increase in standalone revenue to INR1.43bn (US$19.69m) for the December 2020 quarter, compared to INR1.22bn in t...