Cement News tagged under: India
ACC launches ACC ECOMaxX04 January 2023, Published under Cement NewsACC Ltd , the cement and building material company of Adani Cement and part of the Adani Group, is set to bring a new dimension to the building materials industry with the launch of ACC ECOMaxX, an expert range of green concrete solutions. ACC ECOMaxX is the industry’s broadest range of green concrete solutions, with 30-100 per cent lower embodied carbon content compared to a reference concrete designed with ordinary Portland cement (OPC). The products are developed using a Unique Gre... |
Mukul Agarwal raises stake in Sanghi Industries03 January 2023, Published under Cement NewsInvestor Mukul Agarwal has increased his stake in Sanghi Industries from 1.34 per cent in the September 2022 quarter to 1.97 per cent in the December quarter, reports The Economic Times. According to 5paisa, Mukual Agrawal’s investment style is “largely aggressive, hawking for multibaggers that are capable of astronomical returns.” His investment portfolio includes IMFL (Indian Made Foreign Liquor Co), PDS Multinationals (a leading consumer goods design, product development, sourcing, v... |
Indian Prayagraj region to become cement hub02 January 2023, Published under Cement NewsIndia’s Prayagraj region in Uttar Pradesh is set to become a cement production hub. In addition to its two existing cement plants – the 6.6Mta Sadwa works of Jaypee Group and the 2Mta Bara unit of UltraTech Cement – three further cement plants have been announced. JK Cement, KJS Cement and Eco Cement have started the process of building plants in the Trans-Yamuna region of Prayagraj. JK Cement has signed a Memorandum with Uttar Pradesh State Industrial Development Authority (UPSI... |
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... |
Freight dispute continues in northern India30 December 2022, Published under Cement NewsThe dispute over freight rates continues to run after two weeks, forcing the closure of two cement plants in Himachal Pradesh, as talks between truck operators and the management of the Darlaghat (Ambuja Cements) and Barmana (ACC Ltd) plants fail to yield any results. Adani group, which owns both plants, closed the plants on December 14. Adani management has been asking truck operators to lower freight rates to INR6/t/km, but the latter have refused. While the Bilaspur District Transpor... |
Shree Cement plans new 3Mta unit in Karnataka29 December 2022, Published under Cement NewsShree Cement is planning to set up a cement grinding and bagging unit with a capacity of 3Mta at Doddaballapur in the Bengaluru Rural district of Karnataka. The project will extend over 70 acres of land. In May 2021, the project was approved by State High Level Clearance Committee (SHLCC), and Shree Cement is now awaiting for environmental clearance for the project. The contractor and suppliers are still being finalised. The company expects to start work on the project by the third quart... |
Ambuja Cements wins national energy excellence award29 December 2022, Published under Cement NewsAmbuja Cements has won the National Award for Energy Excellence in the Indian Cement Industry, under the Grinding Category for measures adopted in improving energy efficiency at the Roorkee plant . The award instituted by the National Council for Cement and Building Materials was given during the 17th NCB National Conference on December 9, 2022 in New Delhi from Shri Som Prakash, Minister of State, Ministry of Commerce and Industry, Government of India. |
Shares in India Cements fall due to CCI investigation28 December 2022, Published under Cement NewsShares in India Cements fell by almost five per cent to INR208 (US$2.51) on 23 December 2022 after officials from the Competition Commission of India (CCI) visited the company's office in Chennai to conduct a search. According to India Cements, “Certain officials of Competition Commission of India visited our office in Chennai at around 11:30am and are conducting a search to find out if any irregularities concerning Competition Commission have occurred.” “We clarify that we have not in... |
Work begins on Ramco Cement's expansion28 December 2022, Published under Cement NewsWork has reportedly begun on the second production line at Ramco Cement ’s grinding plant in Haridaspur , Jaipur District, Odisha, India. The US$16m expansion project will increase capacity at the plant from 0.9Mta to 1.8Mta. The company received environmental clearance for the new line in May 2022 and expects the project to be completed in the 1QFY25. |
India to implement quality control measures for cement and concrete21 December 2022, Published under Cement NewsIndia plans to introduce quality control measures for the cement and concrete building materials industries by 2023, according to Reuters. The government reportedly believes that better standards will help the industries comply with international standards, which, in turn, will improve exporting opportunities. |