Cement News tagged under: Dalmia Cement
Dalmia Cement sees sales volumes rise 7%10 November 2020, Published under Cement NewsIndia’s Dalmia Cement (Bharat) Ltd has seen a seven per cent YoY rise in sales volume to 4.8Mt in the second quarter of the FY20-21, on the back of strong rural demand and a pick-up in the government’s infrastructure and low-cost housing projects. The company also reported its highest ever quarterly EBITDA at INR7.02bn (US$94.68m), compared to INR4.75bn in the 2QFY19-20. Profit after tax also surged to INR2.32bn from INR360m. "The strength of our company’s foundation is visible in overall... |
What characterised the cement world in 2019?20 December 2019, Published under Cement NewsThis week ICR looks back at a big year for the cement sector when news centred on several core themes. Prominent trends in our news flow have been the evolution of cement volumes, overcapacity and CO 2 reduction measures. Cement volumes There were a number of positives for cement demand in the 2019, with key markets on the whole performing robustly. At the start of 2019, SNIC President, Paulo Camillo, was suggesting that Brazil would see a change in domestic volumes "After four years ... |
India's fuel shift to plastic waste is coming11 October 2019, Published under Cement NewsIndia is making a concerted effort to divert more inorganic waste to the cement manufacturing industry as a fuel. Last week, CemNet reported that the Cement Manufacturers Association (CMA) had expressed a commitment to tackle greater disposal of single-use plastics by the cement sector, which could see a reduction of 15-20 per cent of fossil fuel usage by the industry. Currently, waste fuel in India's cement plants only accounts for approximately 10 per cent of fuel consumption. Out of a t... |
Dalmia to build 0.5Mta carbon capture facility20 September 2019, Published under Cement NewsAs part of its drive to become a carbon-negative by 2040, Dalmia Cement announced plans to build a 0.5Mta carbon capture facility at its cement plant in Tamil Nadu in 2-3 years. “The company is committed to become ‘carbon-negative by 2040’, and capturing process emissions from cement manufacturing will be critical towards reaching the target of net zero by 2040,” said Mahendra Singhi, MD and CEO, Dalmia Cement (Bharat) Ltd. The approach is to set up scalable large demonstration projects o... |
Dalmia Cement sets carbon neutrality target for 204020 September 2019, Published under Cement NewsIndia's Dalmia Cement has taken a proactive stance in reducing carbon emissions by announcing that it has targeted being carbon neutral by 2040. "We follow the strict regimes and are the greenest cement manufacturing company in the world. Reducing transition risks and creating transition opportunities are the top priorities; emissions and energy intensities directly impact the operating costs and India's Dalmia Cement aims to be carbon negative by 2040," said Sunil Gupta, executive director... |
Dalmia Cement reportedly considers acquiring Emami Cement assets12 September 2019, Published under Cement NewsIndia’s Dalmia Cement (Bharat) has reportedly submitted an expression of interest in acquiring the cement assets of Emami Group, which have been valued at INR60bn (US$841.9m), according to The Economic Times. "Dalmia Bharat is currently studying the financials provided by the bankers of Emami Cement. The strategy will be decided once we conclude our assessment and firm up our intent to proceed. Moreover, we have a healthy leverage but would always keep all options open," said the company i... |
Dalmia Cement responds to 'net zero' emissions call24 July 2019, Published under Cement NewsDalmia Cement is among 28 companies that have agreed to set up a firm commitment to targets that are aligned with limiting global temperature rises below 1.5˚C and to reach net-zero emissions by no later than 2050. The announcement comes in response to the call-to-action campaign ahead of the UN Climate Action Summit on 23 September 2019. In recent days, shareholders of CRH, LafargeHolcim, HeidelbergCement and Saint-Gobain have also written letters to these cement companies to cut carbo... |
Dalmia Cement to take non-hazardous waste17 July 2019, Published under Cement NewsDalmia Cement's Ariyalur plant has agreed for the safe disposal of non-hazardous waste from the Golden Rock Railway Workshop (GRRW) in Turuchi, India. Dalmia's cement plant the second cement factory to accept waste from the GRR after UltraTech Cement's Ariyalur plant disposed of nearly 5000t of this zero-value waste in 2017. The zero-value waste is being used as an alternative fuel by Damlia Cement. The waste is to be dispatched to the plant in the form of rubber, belts, cushions, berth... |
The road to net-zero08 May 2019, Published under Cement NewsShree 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 (GHG) emissions and help tackle climate change. The company follows two other leading Indian cement producers, Dalmia Cement and Ambuja Cement in setting science-based targets and provides "a powerful signal of change", according to global non-profit coalition We Mean Business. However, is reaching net-zero emission... |
Leading from the front18 March 2019, Published under Cement NewsFollowing last year’s IPCC report on climate change, there has never been a greater urgency to reduce greenhouse gas emissions across all sectors and geographies to limit global warming to 1.5˚C. Therefore, the built environment will need to fast-track to zero carbon. In India, the world’s second-biggest cement producer, three of the country’s major players – Dalmia Cement, Ambuja Cement and UltraTech Cement – are leading from the front. By Jennifer Gerholdt, We Mean Business. Improvi... |