Cement News tagged under: india
India’s National Green Tribunal halts environmental clearances for Babarkot limestone mining28 February 2022, Published under Cement NewsThe National Green Tribunal (NGT) in India has stopped environmental clearances for two limestone mining sites in Babarkat village, Jafrabad, Amreli. The step results in a significant delay for UltraTech Cement Ltd , which is part of the Aditya Birla Group . The special bench of NGT ruled that the project fell under category A and was beyond the purview of the State Environment Impact Assessment Authority (SEIAA) to award environment clearances.The said mines dropped under cluster minin... |
Ambuja Cements targets rapid expansion25 February 2022, Published under Cement NewsHaving recently released its 2021 financial results this week, Ambuja Cements has announced expansion plans as it looks towards reaching 50Mta of cement capacity. ICR Research investigates the market strategy and growth potential for one of Holcim's leading Indian subsidiaries. Ambuja Cements is one of the largest cement producers in India with a current cement capacity of 31.45Mta. The current Managing Director and CEO, Neeraj Akhoury, announced that the company's Managing Board is int... |
Ambuja Cements plans INR35bn capacity upgrade22 February 2022, Published under Cement NewsAmbuja Cements , owned by Switzerland-based Holcim , has announced a INR35bn (US$467m) investment plan for the 7Mta expansion in its existing capacities at Sankrail and Farakka in West Bengal and a greenfield expansion at Bahr in Bihar. The company is also considering its 3.2Mta clinker unit at Bhatapara, Chhattisgarh. “The board has approved in principle an investment of INR3500 crore for a cement grinding expansion plan of potential 7.0Mta across our existing grinding units at Sankrail... |
Ambuja Cements record 23% net sales YoY growth in full year 202118 February 2022, Published under Cement NewsAmbuja Cements (Holcim group) reports net sales for the full 2021year stood at INR 137,940m (US$1.83m) compared to INR 111,750m in the previous year, registering a growth of 23 per cent YoY supported by strong growth in sales volumes and product mix. However, total operating cost per tonne increased by three per cent during the year. Operating EBIT stood at INR 26,560m compared to INR 21,250m, recording a strong growth of 25 per cent YoY. Net sales during the quarter s... |
ACC Ltd commissions new grinding capacity in Tikaria16 February 2022, Published under Cement NewsACC Ltd has commissioned 1.6Mta grinding capacity in Tikaria , Uttar Pradesh, India. The project has expanded cement capacity at the Tikaria plant to 3.91Mta. “As announced earlier, the company is progressing well to increase its capacity, ie, 2.7Mt of clinker and 4.8Mt of cement by 2024,” said ACC MD and CEO, Sridhar Balakrishnan. |
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). |