Cement News tagged under: India
Shree Cement awards FLSmidth digital transformation contract03 February 2022, Published under Cement NewsIndia-based cement producer Shree Cement has been upgrading 16 plants with 24 lines in total with FLSmidth ECS/PlantDataManagement packages to drive efficiency and deliver increased productivity. The digital transformation project also includes the downtime analysis solution, ECS/UptimeGo, and access to the mobile plant management app, SiteConnect. With an installed capacity of over 47Mta in India and the Middle East, Shree Cement aims to optimise production lines, minimise equipment downt... |
Dalmia Cement (Bharat) commissions 17.1MW solar power plant03 February 2022, Published under Cement NewsDalmia Cement (Bharat) Ltd (DCBL) has commissioned a new 17.1MW solar in Cuttack, Odisha, India. Spread over 49 acres, the solar power plant is set to generate 25.52MU/PA, for the energy requirements at the company's Kapilas cement plant. The 17.1MW plant aims to reduce KCMW Cuttack plant’s day-time power requirement dependency on fossil fuels by over 40 per cent, replacing it with a renewable energy source. Ganesh Jirkuntwar, national manufacturing, head of Dalmia Cement B... |
Dalmia Cement (Bharat) petitions against plant closure orders02 February 2022, Published under Cement NewsDalmia Cement (Bharat) Ltd (DCBL), a wholly-owned material subsidiary of Dalmia Bharat Ltd has received an order dated 19 January 2022, from the Andhra Pradesh Pollution Control Board (APPCB) for the closure of one of its cement plants at Kadapa , Andhra Pradesh. “DCBL has already challenged the said order by way of filing a Writ Petition before the Honourable HC of Andhra Pradesh,” the company said in a filing on Monday. |
Orient Cement sees 3Q profit fall by 19% YoY01 February 2022, Published under Cement NewsCK Birla-owned Orient Cement reported an 18.9 per cent decline in net profit to INR436.7m (US$5.84m) for the third quarter, ended 31 December 2021. In the equivalent quarter of 2020, the company had posted a net profit of INR538.8m, said the company in a filing to the Bombay Stock Exchange (BSE). Orient Cement’s revenue in the 3QFY21-22 edged up 2.1 per cent to INR6.175bn, compared with INR6.046bn in 3QFY20-21. Total expenses increased by 4.6 per cent to INR5.526bn in the 3QFY21-22 fro... |
Ramco Cements to commission Kurnool clinker plant in February26 January 2022, Published under Cement NewsRamco Cements Ltd is expected to bring online its 2.25Mta clinker plant in Kurnool, India, in February. The 1Mta cement grinding unit, 12MW waste heat recovery system and 18MW thermal power plant are scheduled to be commissioned in FY2022-23. Its RR Nagar plant project, which will see a new energy-efficient 3000tpd kiln, is likely to be commissioned in FY2023-24. The modernisation project represents and investment of INR4.76bn (US$63.6m). |
UltraTech Cement announces INR9.65bn capex for Birla White expansion25 January 2022, Published under Cement NewsUltraTech Cement has announced a capital expenditure (capex) plan of INR9.65bn to modernise and almost double the production capacity of its white cement brand Birla White. The Aditya Birla Group company plans to increase the capacity of Birla White from the current 650,000tpa to 1.253Mta, UltraTech Cement said in a post-earnings statement. The company's board at its meeting on Monday approved the capex plan towards modernisation and the expansion of capacity at Birla White in a ph... |
Ramco Cements sees 59% fall in 3Q net profit25 January 2022, Published under Cement NewsIndia-based Ramco Cements Ltd reported a 59 per cent decrease in standalone profit after tax at INR830m for the quarter ended 31 December 2021 (3QFY21-22). In the 3QFY20-21 standalone profit after tax was INR2.01bn. Net revenues for the 3QFY21-22 expanded 16 per cent YoY to INR15.56bn from INR13.45bn in the 3QFY20-21, as cement sales volumes increased 15 per cent to 3.01Mt from 2.61Mt in the year-ago period. But the company said demand was weak due to a range of factors such as the monsoo... |
UltraTech Cement to acquire National Limestone Co24 January 2022, Published under Cement NewsUltraTech Cement Ltd , India, has executed a share purchase agreement to acquire 100 per cent equity shares in mining company National Limestone Co Pvt Ltd, subject to receipt of applicable regulatory approvals. The equity shares will be acquired at a price of INR230m (US$3.1m). |
UltraTech Cement consolidated net sales reach INR127.1bn in 3QFY2218 January 2022, Published under Cement NewsUltraTech Cement reports that its consolidated net sales was INR127.1bn (US$1.71bn) in the 3QFY22 when compared with INR121.4bn over the corresponding period of the previous year. Profit after tax jumped eight per cent to INR17.08bn from INR15.84bn. There is a one-time gain of INR5350m in tax for earlier years. After gaining pace in October 2021, demand slowed substantially in November, 2021 as a result of the construction ban in the NCR, extended monsoons in the south and a few states... |
Dalmia Cement (Bharat) commences commercial production at Murli18 January 2022, Published under Cement NewsDalmia Cement (Bharat) (DCBL), (Dalmia Bharat group), has commenced commercial production at its Murli cement plant in Chandrapur district, Maharashtra, India. The company acquired the plant for INR4100m (US$55.2m) and further committed to invest INR9290m for the revival, modernisation, expansion and installing green manufacturing equipment such as waste heat recovery systems, solar power, green fuel systems and robotic labs for enhanced quality monitoring. The plant has been turned aroun... |