Orient Cement terminates grinding unit MoU
Orient Cement has terminated a memorandum of understanding (MoU) with Adani Power Maharashtra Ltd (APML) to set up a grinding unit in Maharashtra, India. According to The Hindu,...
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Indian Railways to create cement corridor
Indian Railways (IR) are planning to create a cement corridor to link cement and clinker plants along with fly ash facilities for the seamless movement of these products, senior...
Way ahead by blended cements Premium
The increased use of blended cements provides the Indian cement industry with new opportunities to reduce its CO 2 emissions and produce a more sustainable product. This drive i...
Dalmia Cement reports 23% rise in revenue
Dalmia Cement (Bharat) Ltd has reported a 22.7 per cent YoY increase in revenue to INR33,550m (US$405.6m) in the 3QFY22-23 ended 31 December 2022. EBITDA over the same period ad...
Plants reopen as Adani resolves freight rate dispute
Adani Cement has announced that ACC and Ambuja Cements will resume operations at two plants in Himachal Pradesh, India, after resolving issues over freight rates. According to R...
Ambuja Cements 'preferred bidder' for Odisha limestone block
Ambuja Cements has been announced as the “preferred bidder” for the Uskalvagu limestone block in Malkangiri district, Odisha. According to Livemint, the company has not revealed...
NCLT approves Sagar Cements' acquisition of Andhra Cements
The Amravati bench of the National Company Law Tribunal (NCLT) has approved Sagar Cements' proposal to acquire Andhra Cements for INR9220m (US$111.3m). On 16 February the Sagar ...
UltraTech Cement Co commissions new capacity in Hirmi and Cuttack
UltraTech Cement Co has commissioned 1.30Mta of brownfield cement capacity at Hirmi, Chhattisgarh and 2.80Mta of greenfield grinding capacity at Cuttack, Odisha. This forms part...
CCI gives green light to Dalmia acquisition of JAL
The Competition Commission of India ( CCI ) has approved an INR56,660m (US$685.7m) deal related to Dalmia Cement ’s acquisition of cement, clinker and power plants of Jaiprakash...
Grasim Industries sees profit tumble QoQ
Grasim Industries Ltd, which owns UltraTech Cement , has reported unaudited standalone total income from continuing operations of INR62,983.1m (US$760.4m) in the quarter ended 3...