Cement News tagged under: India
India focusses on net zero concrete27 April 2023, Published under Cement NewsRepresentatives of more than 75 renowned academic institutions and businesses from across the world have gathered in New Delhi, in India, to participate in the Innovandi Global Cement and Concrete Research Network (GCCRN) Spring Week. They are meeting to help drive critical research and innovation towards decarbonisation of concrete. The GCCRN brings together more than 450 researchers and scientists from more than 40 leading universities and institutions, including EPFL (Lausanne), South... |
UltraTech Cement transports phosphogypsum on inland waterways27 April 2023, Published under Cement NewsA 57,000t consignment of phosphogypsum has been transported in a bulk cargo carrier from Paradeep port in Odisha and reached the jetty of UltraTech Cement’s ( Aditya Birla Group ) integrated cement plant, Gujarat Cement Works (GCW), in Kovaya, Amreli district, Gujarat, on 26 April 2023. Mr KC Jhanwar, UltraTech Cement Ltd 's managing director, said, “The cement industry plays a pivotal role in driving the circular economy in India through the use of industrial and municipal waste in ce... |
UltraTech Cement's Rawan plant wins Kaizen awards25 April 2023, Published under Cement NewsUltraTech Cement ’s integrated cement manufacturing unit Rawan Cement Works, located in Rawan village of Raipur district, Chhattisgarh, has won three Platinum awards and one Silver award at the prestigious 45th Confederation of Indian Industry (CII) National Kaizen competition, organised by the CII Institute of Quality. These awards are a recognition of the unit team’s commitment to customers to ‘manufacture cement based on quality standards incorporating customer expectations’. ... |
India adds 7Mta as expansion plans continue24 April 2023, Published under Cement NewsIndia’s cement producers have added around 7Mta of cement production capacity in the last few weeks alone as their expansion plans continue. According to Argus Media, UltraTech Cement has added 2.2Mta at its Bihar unit, raising its total cement production capacity to 129.15Mta as part of plans to reach 200Mta by 2030. Dalmia Bharat Cement plans to add 12Mta by 2024 with the ultimate aim of reaching 110-130Mta by 2031. The company recently added 2.5Mta, taking its total capacity to 4... |
UltraTech commissions 2.2Mta grinding unit expansion21 April 2023, Published under Cement NewsUltraTech Cement has commissioned its 2.2Mta grinding unit expansion at Patliputra , Bihar, India. According to the company, the additional capacity will help increase its presence in the fast-growing East region as well as expanding its blended cement ratio. UltraTech’s cement production capacity in the state now stands at 4.7Mta, while its total capacity in India has risen to 129.15Mta, reports BusinessLine. |
Indian cement demand forecast to see growth of 8-9% in FY2419 April 2023, Published under Cement NewsIndia Ratings and Research (Ind-Ra) has forecast India’s cement demand to grow by between 8-9 per cent YoY in FY24, driven by the government’s infrastructure push ahead of the general elections in 2024. A resilient agricultural sector, supported by four consecutive normal monsoons, along with a focus on the completion of affordable housing projects are expected to boost cement demand, albeit at a lower rate as inflationary pressures continue. However, an adverse weather event such as E... |
Ambuja Cement and ACC win influencer award18 April 2023, Published under Cement NewsAmbuja Cements and ACC , part of Adani Cement and the Adani Group, have scooped the Digital Customer Experience Award 2023 for ‘Best Customer & Influence Engagement Initiatives’, organised by Gainskills Media. Brands from across the banking, retail, manufacturing, logistics and supply chain, pharmaceuticals, automobile, and insurance sectors attended the event to showcase their customer experience initiatives. Ambuja Cements and ACC presented their customer and influencer engagement ... |
Dalmia Bharat outlines next phase of expansion13 April 2023, Published under Cement NewsDalmia Bharat Ltd is planning to expand its cement production capacity to 75Mta by 2027, from its current capacity of 39Mta. The first phase of this expansion will see capacity increase to 54Mta by the close of FY23-24. Through these expansion plans, the company is aiming to reduce its exposure in the east-south region and focus primarily on the western, mid and northern regions, according to The Hindu. With India’s cement consumption forecast to rise faster than its GDP, the cement pro... |
UltraTech recognised in Sustainability World Index13 April 2023, Published under Cement NewsUltraTech Cement is ranked sixth in the global sectoral ranking of the S&P Global Dow Jones Sustainability World Index (DJSI). UltraTech is the only Indian company in the top 10 in the construction material sector for the second year in a row. UltraTech has been assessed with an overall score of 80 by DJSI for the financial year 2021-22. The company’s performance improved significantly on each of the three Environment, Social and Governance (ESG) metrics: • Environment score of 84 is ... |
Indian cement volumes forecast to rise 6% in 4QFY22-2312 April 2023, Published under Cement NewsIndia’s cement sector is expected to see growth in the 4QFY22-23 of around six per cent YoY and 13 per cent QoQ, according to a new report by Antique Stock Broking Ltd (ABS). Industry volume is predicted to reach around 109Mta with a utilisation rate of 80 per cent in the 4QFY22-23. UltraTech Cement has already reported grey cement volumes of 30Mt, up 14 per cent YoY, implying a utilisation rate of 94 per cent on expanded capacities. The total cost per tonne of cement is forecas... |