UltraTech explores electrification to reduce CO2 emissions
UltraTech Cement Ltd has signed a Memorandum of Understanding (MoU) with Coolbrook to explore how electrification of the cement kiln heating process can help reduce CO 2 emissio...
Ultratech
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India’s National Green Tribunal halts environmental clearances for Babarkot limestone mining
The National Green Tribunal (NGT) in India has stopped environmental clearances for two limestone mining sites in Babarkat village, Jafrabad, Amreli. The step results in a signi...
Grasim looks to invest INR59bn in modernising its cement plants
India’s Grasim Industries will invest over INR130bn (US$1.9bn) in its cement and textiles businesses over the next 24-36 months, as the company looks to increase capacity and mo...
UltraTech commissions new plant in Manawar
UltraTech has commissioned its greenfield facility in Manawar, Madhya Pradesh, with a 2.5Mta clinker capacity. The plant has reached this stage in under a year, which is record ...
Jaiprakash receives director approval to divest assets to UltraTech
Jaiprakash Associates said it received approval from its committee of directors to close the transaction for selling part of its cement business to UltraTech Cement for INR161.8...
Ultratech to expand Chittorgarh limestone mine
UltraTech Cement, India, has proposed an expansion of the Aditya limestone mining project at Tehsil Chittorgarh and Nimbahera, district Chittorgarh, Rajasthan from 10Mta to 13.1...
India: cement volume growth
Volume growth in the Indian cement market increased by 12-18 per cent in the quarter ending March 2016 compared to the 4.7 per cent drop seen in the corresponding quarter last y...
India: Grasim and UltraTech well positioned for growth
Grasim Industries, a subsidiary of UltraTech, has announced impressive results and signs of a recovery in cement demand growth, which is estimated at ~11.5 per cent for the curr...
Jaypee Group’s cement assets up for grabs
Jaypee Group is planning for an outright sale of its 20Mt portfolio of cement assets worth an estimated INR190 (US$2.86bn) enterprise valuation. UltraTech, Dalmia Bharat backed ...
UltraTech Cement
UltraTech Cement, along with 10 other companies, was given a reprieve earlier this month when a US$945m fine issued by the Competition Commission of India (CCI) for cartelisatio...