Cement News tagged under: india
Shree Cement targets improved distribution07 July 2022, Published under Cement NewsShree Cement , India's country’s third-largest cement group, plans to increase its share in its existing markets by offering varied products based on requirements of different customers and improving distribution as a short-term goal. “We are envisioning an increase in installed capacity to 80Mta by 2030, exploring new geographies through both the organic and inorganic routes,” Prashant Bangur, joint managing director, Shree Cement, told shareholders in the company’s annual report for F... |
RCC Cements MD resigns05 July 2022, Published under Cement NewsSunil Kumar has tendered his resignation from his role as managing director of New Delhi-based RCC Cements Ltd, according to a letter to the Bombay Stock Exchange dated 4 July 2022. The letter will now be placed before the Board of Directors for consideration, reports Reuters. |
UltraTech Cement stalls on plant purchase04 July 2022, Published under Cement NewsUltraTech Cement has reportedly done a U-turn on its agreement to purchase a cement plant from Jaiprakash Associates. The 3Mta plant formed part of UltraTech's acquisition of six integrated cement plants and five grinding units from the Jaypee Group , at a total cost of INR161,890m (US$2.4bn). A number of environnmental clearances were pending related to the plant, according to The Economic Times. Both companies agreed that the final date for payment for the plant would be 30 June 2022... |
UltraTech Cement pays for Russian coal shipment in yuan30 June 2022, Published under Cement NewsUltraTech Cement has reportedly paid for a shipment of Russian coal in Chinese yuan, raising questions over whether this will now become the norm. The cement producer is importing 157,000t of coal from Russian company SUEK at a value of CNY172.65m (US$25.8m). The coal was loaded onto the bulk carrier MV Mangas in the Russian port of Vanino and is currently at anchor near the port of Kandla, reports The Hindu. The news is being described by one Singapore-based trader as "significant" as it... |
Nuvoco Vistas to open 1.2Mt grinding plant29 June 2022, Published under Cement NewsNuvoco Vistas Corp Ltd , India's fifth-largest cement group, is planning to set up a 1.2Mta grinding plant at its existing works in Bhiwani , Haryana, as part of its expansion in the North region of the country. According to the company, the new grinding facility will aid full utilisation of clinker production in the region. Its flagship brands - Concreto, Duraguard and Double Bull - offer a mix of products across all price points, with Double Bull the fastest growing cement brand in th... |
The India Cements acquires Springway Mining Pvt Ltd29 June 2022, Published under Cement NewsThe India Cements Ltd has completed its acquisition of Springway Mining Pvt Ltd (SMPL). With effect from 27 June 2022, SMPL has become a wholly-owned subsdiary of The India Cements Ltd. SMPL is in the process of setting up a cement plant in Madhya Pradesh. |
Indian event highlights role of calcined clay cement27 June 2022, Published under Cement NewsThe best way forward is to adopt transformative technologies that help decarbonise the cement industry, according to a number of stakeholders who gathered for the 24th "trialogue 2047" hosted by Development Alternatives (DA) in New Delhi, India on 24 June 2022. The event brought together representatives from the cement industry, government, institutions, civil society and academia to discuss the urgent need for decarbonisation. Limestone calcined clay cement (LC3) is seen as a major innov... |
Gujarat Sidhee Cement temporarily stops kiln23 June 2022, Published under Cement NewsIndia-based Gujarat Sidhee Cement Ltd said it has stopped the kiln at its Sidheegram plant for 15-20 days. The stop has been attributed to the plant’s high clinker inventory. Cement grinding and dispatches will continue, according to Reuters. |
Kesoram to boost cement capacity to 15Mta22 June 2022, Published under Cement NewsKesoram Industries Ltd, part of the B K Birla Group, announced that its plans to increase its cement production capacity to 15Mta from 11Mta. The expansion plan will take 3-4 years to complete, according Mr P Radhakrishnan, whole-time director and CEO of Kesoram industries. The increase is cement capacity represents an investment of INR3.5bn-5bn (US$44.8m-64m). Kesoram Industries planned to increase capacity by 1Mta by debottlenecking and then add a kiln to the existing facility to decre... |
UltraTech Cement starts new clinker cooler at Hirmi plant21 June 2022, Published under Cement NewsA new IKN Pendulum Cooler ® has been successfully commissioned at UltraTech Cement’s Hirmi cement plant in Chhattisgarh. The the IKN Pendulum Cooler ® successfully completed its first 24 hours of operation. This is the second IKN cooler running in this plant with the same production capacity of 8000tpd as the one installed 2015 for line No 1. |