Adani Cement Ltd forms partnership with CREDAI
Adani Cement Ltd and the Confederation of Real Estate Developers' Associations of India (CREDAI) have announced a partnership to advance sustainable and high-quality constructio...
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Shree’s sustainable SCM use Premium
The use of supplementary cementitious materials (SCMs) from different sources, including by-products from other carbon-intensive industries, reduces carbon emissions as well as ...
JK Cement completes 60% stake acquisition of Saifco Cements
JK Cement said that it has acquired 60 per cent stake in Saifco Cements for total consideration of INR1497m (US$175m). Saifco Cements (Saifco) has an integrated unit with clinke...
UltraTech acquires Wonder WallCare
UltraTech's Board of Directors gave the green light to the acquisition of 642,000 shares, or 100 per cent, of Wonder WallCare Pet Ltd. The total value of the deal is INR6.42m.
JK Lakshmi Cement invests in solar power SPV
India-based JK Lakshmi Cement Ltd has acquired a 26 per cent equity stake in a special purpose vehicle (SPV), established by Ampin Energy Transition Pvt Ltd. The deal is valued ...
JK Cement shares hit record high off 4QFY24-25 results
Shares in India’s JK Cement have rose by 10 per cent to a record high of INR5391 (US$63.09) on Monday, after it reported net profits of INR3.61bn for the 4QFY24-25, a 64 per cen...
The Ramco Cements reports 4QFY24-25 post-tax profit fall of 85%
The Ramco Cements saw a 10.5 per cent drop in revenue to INR23.92bn (US$280.1m) in the 4QFY24-25. Sales volumes slipped 3.7 per cent YoY to 5.3Mt in the 4QFY24-25 from 5.5Mt in ...
India Cements Ltd debottlenecks Banswara plant
The India Cements Ltd , a subsidiary of the UltraTech Cement , has identified and executed a debottlenecking initiative at Banswara Cement Works, Rajasthan. This initiative has ...
Star Cement reports net loss for FY24-25
Indian clinker and cement manufacturer Star Cement has reported a standalone net loss of INR1.58bn (US$18.380m), compared to a net profit of INR2.2bn in FY23-24. Revenue from op...
JK Lakshmi Cement to use electric vehicles in logistics
India-based JK Lakshmi Cement Ltd will introduce electric vehicles (EVs) into its domestic logistics network. Thanks to a partnership with SwitchLabs, the cement producer will o...