Cement News tagged under: India subcontinent
Udaipur Cement Works inaugurates Dabok cement mill19 April 2024, Published under Cement NewsUdaipur Cement Works Ltd (UCWL) , part of JK Lakshmi Cement Ltd , has inaugurated cement mill IV at its Dabok plant in Udaipur, Rajasthan, India. The new mill increases cement capacity at the integrated plant from 2.2Mta to 4.7Mta and is expected to improve efficiency, productivity and product quality. In addition, the mill includes measures to minimise its environmental impact. Shrivats Singhania, UCWL director and CEO, said, “This expansion not only strengthens our position in the cem... |
JSW Cement secures SLL funding for capacity expansion12 June 2023, Published under Cement NewsJSW Cement has signed a Sustainability Linked Loan (SLL) agreement with BNP Paribas Singapore for INR4140m (US$50m). According to BusinessLine, the cement producer has raised a total of INR8000m in SLL-based funding in two tranches, the first being through MUFG Bank in October last year. The funding is being used to expand capacity in line with JSW's plans to boost production capacity to 50Mta in India. Parth Jindal, managing director of JSW Cement, said that the company has grown prod... |
India's NCR cement plants to desist from using unapproved fuels02 January 2023, Published under Cement NewsThe Indian National Capital Region’s (NCR) Commission for Air Quality Management has reminded all industrial and other sectors not to use unapproved fuels, including coal, from 1 January 2023 or face immediate closure with heavy fines. The legislation aims to completely eliminate the use of coal and other unapproved fuels in the entire NCR. In terms of cement plants, Direction No. 65 of the commission enables NCR-based production facilities to use biomass, agricultural refuse and pellets an... |
Grasim Industries announces US$392m capex30 August 2022, Published under Cement NewsIndia’s Grasim Industries, part of the Aditya Birla Group , is planning capex of INR31,170m (US$391.9m) in its existing lines of business this fiscal year, primarily for the creation of new capacity and modernisation of existing plants. This compares to INR19,580m in the previous fiscal. According to Kumar Mangalam Birla, chairman of Grasim Industries, the investment does not include the group’s paints and B2B e-commerce businesses. In January 2021 Grasim announced plans to enter the pai... |
RCC Cements Ltd appoints company secretary and compliance officer29 August 2022, Published under Cement NewsIndia’s RCC Cements Ltd has appointed Shimpy Goyal as company secretary and compliance officer, effective from 25 August 2022. Ms Goyal succeeds Ms Bhawna Arora who resigned from the position on 18 August 2022. |
RCC Cements MD resigns05 July 2022, Published under Cement NewsSunil Kumar has tendered his resignation from his role as managing director of New Delhi-based RCC Cements Ltd, according to a letter to the Bombay Stock Exchange dated 4 July 2022. The letter will now be placed before the Board of Directors for consideration, reports Reuters. |
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