Cement News tagged under: india
Spearheading sustainability30 November 2022, Published under Cement NewsOrganisations in India connected with the cement or concrete, construction and ancillary business sectors are compelled to focus on a strategy that integrates the company’s larger vision with sustainability goals. In this article, Mahendra Singhi, MD & CEO at Dalmia Cement (Bharat) Ltd, discusses how leading cement companies in India such as Dalmia Bharat Ltd are spearheading the industry’s shift towards a circular economy. By Mahendra Singhi, Dalmia Cement (Bharat) Ltd, India. Dalmia... |
Ambuja Cements and ACC lead the way on water positivity30 November 2022, Published under Cement NewsAmbuja Cements and ACC are leading the way in water positivity, according to a report in Business Standard. Over the last 20 years both companies have put initiatives in place to not only address water conservation in their production processes but also tackle water scarcity across India. Globally, Ambuja Cements is the only cement producer that has been recognised for its leadership in water security in CDP 2021 with the best ‘A’ score, while both companies have scooped numerous awar... |
India: shifting gears28 November 2022, Published under Cement NewsAfter nearly a decade of subdued growth, India’s cement industry is heading towards better days ahead. A quicker-than-expected recovery in demand following the COVID-19 pandemic has put the cement sector on a high growth trajectory and domestic manufacturers are gearing up for the next growth cycle. Gearing for growth: amid the Indian government’s continuous focus on infrastructure, housing, irrigation and a special emphasis on highways and expressways across the length and breadth... |
UltraTech Cement to take excess RDF waste28 November 2022, Published under Cement NewsThe Manali Municipal Council (MC) has sent letters to the Kullu MC along with the Bhuntar and Banjar Nagar Panchayats, asking them not to send garbage to the waste treatment plant at Rangri in Manali, from 1 December, citing the excessive accumulation of waste at the local plant. Further, orders have also been issued to the company operating the plant not to accept rubbish from any other place than Manali. Manali MC Executive Officer (EO), Mr BR Negi, said even nearby panchayats had ... |
RHI Magnesita acquires Dalmia Bharat Refractories Ltd22 November 2022, Published under Cement NewsRHI Magnesita announces the acquisition of the Indian refractory business of Dalmia Bharat Refractories Ltd (DBRL) via a share swap agreement, in exchange for 27 million shares in RHI Magnesita India Ltd, a 70 per cent owned subsidiary of the group. DBRL is one of the leading refractory producers in India with approximately 1200 employees and production capacity of over 300,000tpa, from five refractory plants and raw material sites. Commenting on the acquisition, Stefan Borgas, CEO of R... |
Ultratech places follow-up order with Gebr Pfeiffer21 November 2022, Published under Cement NewsAs part of Ultratech Cement Ltd 's expansion drive, Gebr Pfeiffer SE (Germany) and its Indian subsidiary Gebr Pfeiffer (India) Pvt. Ltd, has received an order for the delivery of several grinding plants with vertical roller mills (VRMs) for grinding cement raw material as well as solid fuels. The cooperative partnership between Ultratech Cement Ltd, India's largest cement producer, and Gebr Pfeiffer is once again confirmed and expanded by this follow-up order, the equipment manufacture... |
Birla White wall care plant starts operations in Nathdwara21 November 2022, Published under Cement NewsUltraTech Cement has commenced the third Birla White wall care putty plant at Nathdwara, Rajasthan, India with a capacity of 4Mta at a total cost of INR1870m (US$22.8m). The existing two plants are situated at Kharia in Rajasthan and Katni in Madhya Pradesh. The company now has a wall care putty capacity of 13Mta, further strengthening its position in the markets. Along with its existing white cement manufacturing capacity in India and its investment in Ras Al Khaimah Co for Whi... |
India’s cement market evolution and path to net zero18 November 2022, Published under Cement NewsWith the Indian cement market changing rapidly, demand is not only soaring, but the applications for which it is used are changing. Findings from a study by Mission Possible Partnership’s Concrete Action for Climate initiative, conducted in collaboration with Boston Consulting Group, highlight that this evolution has substantial implications for the pathway to net zero, and decarbonisation plans must address the country’s present and future use of cement and concrete. By Yvonne Leung, World ... |
Star Cement net profit falls QoQ16 November 2022, Published under Cement NewsStar Cement has posted revenue from operations of INR5958m (US$73.6m) in the quarter ended 30 September 2022. This compares to INR6587m in the previous quarter and INR4102m in the quarter ended 30 September 2021. Net profit attributable to shareholders of the company came in at INR235.5m in the September 2022 quarter, down from INR413m in the previous quarter but up from INR229m in the year-ago period. Basic earnings per share came in at INR0.58 in the quarter ended 30 September 2022, m... |
Sanghi Industries sees profit decline YoY in the September 2022 quarter16 November 2022, Published under Cement NewsIndia’s Sanghi Industries Ltd has posted revenue from operations of INR2298m (US$28.3m) in the quarter ended 30 September 2022, down from INR3391m in the previous quarter but up from INR2113m in the same period a year earlier. Profit over the same period has fallen from a gain of INR44.5m in the September 2021 quarter to a loss of INR328m in the quarter ended June 2022 and a further loss of INR443m in the quarter ended 30 September 2022. Basic earnings per share over the same timeframe dro... |