Shree Cement commissions 2.5Mta of grinding capacity
India’s Shree Cement has commenced commercial production at its new 2.5Mta grinding unit in Seraikela-Kharsawan district, Jharkhand. The fresh capacity is one of a number of new...
Shree Cement
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Shree Cement sees 14% revenue increase and plans new capacity
India’s Shree Cement has announced a 19.6 per cent YoY fall in net profit to INR3.21bn (US$46.18m) for the 4QFY18-19. However, revenue increased 14.2 per cent to INR33.29bn from...
The road to net-zero
Shree Cement, one of India's top three cement producers with a production capacity of 35Mta, has announced its commitment to set a science-based target to cut its greenhouse gas...
Shree Cement records 21% revenue increase
India's Shree Cement has announced that its net profit fell 10 per cent YoY in the third quarter of FY18-19 ended 31 December, declining to INR3.01bn (US$42.28m) from INR3.33bn ...
Shree Cement commissions clinker line at Karnataka
Shree Cement (India) has commissioned the clinker section of its 3Mta integrated cement plant at Kodla village in the Kalaburagi District of Karnataka. Shree Cement is one of In...
Gebr Pfeiffer sells first TRT Triples dryer in India
Three Cement has ordered a Gebr Pfeiffer TRT 5000/8/0 Triplex dryer from Gebr Pfeiffer. The equipment will be used to reduce the company's FGD gypsum to a mixture content of bel...
Shree Cement to set up 3Mta grinding plant in Cuttack
Shree Cement is setting up a 3Mta cement grinding unit at Chandrabali village, Shyampura, in Cuttack district of Odisha. The INR452,550m (US$2m) facility is being constructed by...
Shree Cement gets Raipur coal linkage
India’s Shree Cement was awarded the coal linkage for its Raipur plant in Chhattisgarh. The contract for Grade 7 coal was awarded to the cement producer following a e-auction. T...
Shree Cement acquires 98% stake in UCC
Shree Cement has completed the acquisition of a 97.6 per cent stake in the UAE’s Union Cement Co (UCC). The deal was struck through the company’s wholly-owned subsidiary, Shree ...
Shree Cement budgets for United Cement acquisition
Shree Cement plans a capital expenditure of INR35,000m (US$519.1m) in the current financial year including INR20,000m on the completion of the deal to acquire UAE-based United C...