Adani Group sets US$3bn aside for multiple cement acquisitions
The Adani Group is planning several potential acquisitions within the cement sector. These include Hyderabad-based Penna Cement , Jaiprakash Associates’ cement business, Gujarat...
India
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IKN install new cooler grate at Adani Cement
Adani Cement is having a 7800tpd IKN double-stage cooler grate fitted at its Himachal Pradesh cement plant to enhance efficiency, reduce power and clinker temperature, and impro...
Dalmia Bharat Acquires 26% stake in Solarcraft Power India
Dalmia Bharat Ltd agreed on 8 June to purchase a 26 per cent equity share in Solarcraft Power India 23 (a Karnataka-based solar power firm) for INR103.18m (US$1.24m). The cement...
Sonapur cement plant provokes violent protests
Taj Cement Authority’s plans to build a new cement plant in Sonapur, Assam, India, was met by violent protests from local residents over concerns regarding the environmental imp...
UltraTech conserves record water amount in FY23-24
UltraTech Cement Ltd, India’s largest cement and ready-mix concrete company, conserved 105Mm 3 of water in FY23-24, making it five times water positive in line with its stated a...
Vicat's Kalburgi plant begins training at its new AFR lab
Vicat Group has successfully completed of the first phase of its training programme on the new laboratory equipment at its recently-established alternative fuels and raw materia...
Sagar Cements posts 15% YoY production growth
India's Sagar Cements Ltd has reported cement production of 5.47Mt in FY23-24 (1 April 2023-31 March 2024), up 15 per cent YoY. Clinker production over the same period improved ...
Barak Valley Cements posts revenue growth YoY
India-based Barak Valley Cements has reported consolidated total revenue of INR709.5m (US$8.5m) in the quarter ended 31 March 2024, up from INR616.1m in the same period a year e...
India Cements announces capex plans
India Cements plans to spend around INR7000m (US$84m) on capex over the next two years, primarily to improve operational efficiency, according to BusinessLine Online. Among its ...
Deccan Cements posts revenue advance YoY
India’s Deccan Cements has posted total revenue of INR2281.4m (US$27.42m) in the quarter ended 31 March 2024, up from INR1990.8m in the same period a year earlier. The company r...