Cement News tagged under: Ambuja Cements
Ambuja Cements targets rapid expansion25 February 2022, Published under Cement NewsHaving recently released its 2021 financial results this week, Ambuja Cements has announced expansion plans as it looks towards reaching 50Mta of cement capacity. ICR Research investigates the market strategy and growth potential for one of Holcim's leading Indian subsidiaries. Ambuja Cements is one of the largest cement producers in India with a current cement capacity of 31.45Mta. The current Managing Director and CEO, Neeraj Akhoury, announced that the company's Managing Board is int... |
Ambuja Cements plans INR35bn capacity upgrade22 February 2022, Published under Cement NewsAmbuja Cements , owned by Switzerland-based Holcim , has announced a INR35bn (US$467m) investment plan for the 7Mta expansion in its existing capacities at Sankrail and Farakka in West Bengal and a greenfield expansion at Bahr in Bihar. The company is also considering its 3.2Mta clinker unit at Bhatapara, Chhattisgarh. “The board has approved in principle an investment of INR3500 crore for a cement grinding expansion plan of potential 7.0Mta across our existing grinding units at Sankrail... |
Ambuja Cements record 23% net sales YoY growth in full year 202118 February 2022, Published under Cement NewsAmbuja Cements (Holcim group) reports net sales for the full 2021year stood at INR 137,940m (US$1.83m) compared to INR 111,750m in the previous year, registering a growth of 23 per cent YoY supported by strong growth in sales volumes and product mix. However, total operating cost per tonne increased by three per cent during the year. Operating EBIT stood at INR 26,560m compared to INR 21,250m, recording a strong growth of 25 per cent YoY. Net sales during the quarter s... |
Ambuja and ACC to develop new calcined clay cements29 November 2021, Published under Cement NewsAmbuja Cements and ACC have announced a partnership with the Indian Institute of Technology Delhi (IITD) to develop calcined clay cements. It will be implemented through a research project funded by the Holcim Innovation Centre in Lyon, France, and comprise of an in-depth scientific study into the influence of clinker, calcined clay and limestone on the performance of calcined clay cements. It aims to create next-generation cement with more than 50 per cent lower carbon emissions for India... |
Ambuja Cements begins trial production at Marwar facility23 August 2021, Published under Cement NewsIndia’s Ambuja Cements has begun trial production at its Marwar cement works in Nagaur district, which will increase the company’s clinker capacity by 3Mta. The plant was built with an investment of INR23.5bn (US$316.45m) and includes a waste heat recovery system alongside 1.8Mta of cement grinding capacity. "I am delighted to inaugurate the trial run at Marwar Cement plant of Ambuja as we dedicate it to meet the infrastructure requirements of the nation. Cement is one of the most impo... |
Geocycle India increases waste management performance11 August 2021, Published under Cement NewsGeocycle India, the waste-management arm of ACC Ltd and Ambuja Cements (Holcim group) has so far co-processed 2Mt of waste and achieved a thermal substitution rate (TSR) of six per cent in 2021. Ambuja Cements and ACC have six pre-processing and 14 co-processing facilities that handle close to 1Mta of waste that is diverted from landfill. The ACC Wadi plant in Karnataka co-processes more than 600tpd of waste and achieves a TSR of 18 per cent. In 2020 Geocycle managed close to 500,000t... |
Ambuja Cements plans 1.5Mta Ropar expansion02 August 2021, Published under Cement NewsIndia’s Ambuja Cements has announced plans to expand capacity at its Ropar plant in Punjab over the next two years, representing an investment of INR3.1bn (US$41.68m). The 1.5Mta project is expected to be completed by June 2023 with the grinding unit reaching a total capacity of 4.5Mta. "We are optimistic about the growth in demand for cement in India. The expansion of our Ropar unit along with more investment in the coming years will help us unlock fresh opportunities by debottlenecking e... |
Ambuja Cement records net sales of INR33.4bn26 July 2021, Published under Cement NewsAmbuja Cement recorded net sales of INR33.420bn (US$448.9m) in the April-June 2021 quarter 2021, up from INR21.450bn in the same period last year. Sales volumes for the 2Q21 reached 6.33Mt up from 4.19Mt in the 2Q20. EBITDA rose substantially in the 2Q21 to INR9600m, up 61 per cent from INR5950m recorded in the same period last year. Profit after tax amounted to INR7230m in 2Q21, up from INR4530m in the 2Q20. Neeraj Akhoury, CEO India of Holcim and Managing Director and CEO of Ambuja ... |
Ambuja Cements and ACC make Industry 4.0 investment29 June 2021, Published under Cement NewsHolcim India companies, Ambuja Cements Ltd and ACC Ltd, are further investing in Industry 4.0 under the group's ‘Plants of Tomorrow’ programme. The four-year programme aims to create a global network of over 270 integrated cement plants and grinding stations in more than 50 countries by applying automation technologies and robotics, artificial intelligence, predictive maintenance and digital twin technologies to the entire production processes. Neeraj Akhoury, CEO India Holcim and mana... |
Geocycle India to process plastic waste from river clean-up22 June 2021, Published under Cement NewsACC and Ambuja Cement’s waste management subsidiary, Geocycle India, will be joining Rekart Innovations in removing plastic waste from the Jojari riverbed in Pipar, Jodphur, Rajasthan. The first load of plastic waste, weighing more than 10t, was recovered recently and sent to Geocycle’s processing facilities at the cement plants of both cement producers. “Geocycle’s vast co-processing infrastructure guarantees safe and environmentally-friendly final treatment of the collected waste. Co-pr... |