Road spending to boost Indian cement demand
India’s cement companies are expected to benefit from a boost in road infrastructure spending. In her Budget 2024 speech, Nirmala Sitharaman, India’s Union Finance Minister anno...
India
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UltraTech sees sales increase in 1QFY24-25
UltraTech Cement Ltd , part of Aditya Birla Group, has reported consolidated net sales of INR178,790m (US$2.14bn) in the first quarter of FY24-25 (ended 30 June 2024). This comp...
Adani Group targets Jaypee Group's cement assets
As lenders have initiated insolvency and bankruptcy proceedings against Jaiprakash Associates Ltd, the Adani Group is looking to acquire the Jaypee Group ’s cement assets, which...
Cochin Port opens fourth terminal
A new cement terminal has entered operation on a 1.14ha plot at Ernakulam Wharf, Kerala, India. The Cochin Port Trust launched the port’s fourth terminal, which is expected to h...
Oriana Power awarded INR1.55bn solar plant order
Oriana Power received a new order for a 40MWp solar plant in Rajasthan, India. The INR1.55bn (US$18.5m) contract was awarded by an undisclosed cement producer and includes the e...
Boiler explosion kills two and injures 14 at UltraTech plant
A boiler explosion at the UltraTech Cement factory in the Jaggaihpet region of India has reportedly killed two workers and injured 14 others. Of the injured, Avula Venkatesh and...
Dalmia Bharat adds 1Mta of capacity at Kadapa
Dalmia Bharat Ltd has expanded the capacity of its integrated cement production facility at Kadapa in Andhra Pradesh by an additional 1Mta. The company announced on 4 July that ...
Lindner founds Indian subsidiary
Lindner continues its expansion with the foundation of Lindner Recyclingtech Bharat (India) LLP, headquartered in Delhi, India. Together with Chirag Verma, co-owner of Lindner B...
Dalmia Bharat to collect an additional 70,000t of RDF from Gadakana
The Bhubaneswar Municipal Corp(BMC) has announced its decision to allow Dalmia Cement (Bharat) Ltd to collect an additional 70,000t of refuse-derived fuel (RDF) from the Gadakan...
JK Cement posts 65% YoY jump in PAT
JK Cement has reported revenue from operations of INR109,180m (US$1308m) in FY2023-24 (ended 31 March 2024), up 17 per cent YoY. Net sales over the same period came in at INR105...