Cement News tagged under: India
Ramco Cements announces capex and price rise09 June 2022, Published under Cement NewsRamco Cements has announced capex of INR12-13bn (US$154-167m) to expand its production capacity over the next two years. At its Kurnool plant, trial production of clinker is now underway and with this, clinker capacity has expanded to 13.65Mta. The cement grinding facility, 6MW waste heat recovery system (WHRS), and an 18MW thermal power plant (TPP) are due to be commissioned during 2QFY23, according to the Financial Express. An additional 1-1.5Mta of grinding capacity is also planned in K... |
UltraTech explores electrification to reduce CO2 emissions09 June 2022, Published under Cement NewsUltraTech Cement Ltd has signed a Memorandum of Understanding (MoU) with Coolbrook to explore how electrification of the cement kiln heating process can help reduce CO 2 emissions. Coolbrook, a transformational technology and engineering company, will be looking at how its Roto Dynamic Heater (RDH) can be used to deliver temperatures of up to 1700˚C with high energy efficiency, thereby enabling its use in processes that have previously been considered impossible to electrify. When power... |
ACC Ltd releases ACC Gold Water Shield08 June 2022, Published under Cement NewsACC Ltd ( Holcim Group ) has developed ACC Gold Water Shield, which is the country’s first specially-formulated cement with high-quality water-repelling properties. The product ensures that structures made with it are durable and protected from dampness or seepage. ACC Gold Water Shield is specially formulated cement with high-quality water-repellent properties. With water repellence engineered at a particle level, it reduces the capillary action thus shielding homes from dampness and see... |
UltraTech Cement to invest INR128,860m for 22.6Mta capacity expansion07 June 2022, Published under Cement NewsThe Board of Directors at UltraTech Cement (Aditya Birla group) has approved capex of INR128,860m (US$1659m) to raise cement capacity by 22.6Mta with a mix of brownfield and greenfield projects. This will be achieved by setting-up integrated and grinding units as well as bulk terminals. The additional capacity will be created across the country. Kumar Mangalam Birla, chairman, Aditya Birla Group, said, “This ambitious capacity expansion plan is a significant milestone in the ongoing... |
Star Cement invests in new capacity07 June 2022, Published under Cement NewsStar Cement is planning to invest INR17,000-18,000m (US$218.9m-231.8m) over the next two years, in response to robust demand from the infrastructure and real estate sectors. The company currently operates two clinker units in Meghalaya with a total capacity of around 2.75Mta. A new clinker unit, costing INR10,000m, will add a further 3Mta of clinker capacity taking total production capacity to 5.75Mta. According to BusinessLine Online, the new unit is due to be operational by April 2024. ... |
Jindal to build new 2.5Mta plant in Raigarh30 May 2022, Published under Cement NewsIndia’s Jindal Group and the Chhattisgarh government have signed a Memorandum of Understanding (MoU) to establish a new cement plant in Raigarh district in the easternmost part of Chhattisgarh State. According to reports in the Times of India, the new facility will have a production capacity of around 2.5Mta of cement and 2.5Mta of clinker. The plant will also have a 12MW waste heat recovery system. |
India Cements joins forces with Tvasta on 3D printed construction solutions30 May 2022, Published under Cement NewsThe India Cements is collaborating with Tvasta Manufacturing Solutions to develop energy-efficient construction methods using 3D printing. Tvasta’s technology uses 3D-printing platforms for faster, more economical and more sustainable construction methods, compared to traditional technologies, which can be used for a variety of applications, including housing, sanitation, infrastructure and defence. According to reports in The Hindu Business Line, the 3D construction methods use 30 per cen... |
Perfect planning for Shree Cement's new Raipur clinker line27 May 2022, Published under Cement NewsAchieving its first clinker production in March 2022 , Shree Cement says its new 9000tpd Line 3 at Raipur cement plant, India, was successful because it portrayed a perfect harmony in project planning. "It showed the commitment of Shree Cement and FLSmidth teams, combined with FLSmidth's technologies and process expertise," said Shree Cement. Prashant Bangur, joint MD of Shree Cement, adds, " It was an extraordinary teamwork between FLSmidth and Shree Cement to commission a large pr... |
HeidelbergCement India posts 7.2% uptick in revenue in FY2225 May 2022, Published under Cement NewsHeidelbergCement India has recorded a one per cent YoY increase in revenue (net of taxes) to INR5867m (US$75.65m) in the first quarter of 2022. EBITDA over the same period has fallen 22.1 per cent to INR1186m, with the EBITDA margin contracting from 26.2 to 20.2 per cent. Profit after tax in the 1Q22 came in at INR936m, down 33.1 per cent YoY. EBITDA per tonne stood at INR961, a decline of 21 per cent YoY. Sales volumes of 1.23Mt were recorded in the 1Q22, down from the 1.25Mt seen in the sa... |
Shree Cement sees 4% increase in revenue in 1Q2224 May 2022, Published under Cement NewsShree Cement has reported a 3.9 per cent YoY uptick in revenue to INR40.99bn (US$527.8m) in the opening quarter of 2022. Sales volumes over the same period slipped two per cent to 8Mt, while EBITDA declined to INR10.49bn, compared to INR13.04bn in the 1Q21. The EBITDA margin contracted from 31.97 per cent in the 1Q21 to 24.75 per cent this year. According to BusinessLine Online, the growth in revenue is being attributed to price increases as cost pressures and inflation continue to ha... |