Cement News tagged under: indian subcontinent
Kerala cement plants handle 48,000t of non-recyclable waste16 April 2024, Published under Cement NewsCement plants located in India's southern state of Kerala received around 48,000t of non-recyclable waste generated within the state in 2023. The waste was used to provide refuse-derived energy for the cement facilities, according to The Hindu. The waste reportedly amounted to just under 30,000t generated by the government sector, and just over 18,000t from the private sector. According to local government sources, the waste was segregated at material collection facilities before being se... |
Ambuja and ACC cements gain GRIHA recognition15 April 2024, Published under Cement NewsAmbuja Cements and ACC have achieved certification for their sustainable blended cement products and are now enlisted in GRIHA's Product Catalogue. According to the companies, this underscores their leading role in green cement production and commitment to achieving net zero emissions by 2050. GRIHA Council is an independent society developed for the promotion and adoption of sustainable habitats in the Indian subcontinent. It was established in 2007 with the combined efforts of the ... |
UltraTech announces two new greenfield plants03 April 2024, Published under Cement NewsUltraTech Cement is investing INR324,000m (US$3.89bn) in capex over the next three years, including two new greenfield plants, which will add an additional 5.4Mta in cement production capacity. The two facilities will be located in Chhattisgarh and Tamil Nadu, taking the company’s total cement capacity to 151.6Mta. According to the company, this capacity is equivalent to more than 150 per cent of the capacity in the USA and 80 per cent of the capacity in Europe. It has taken 36 years f... |
Shree Cement inaugurates new 3Mta plant02 April 2024, Published under Cement NewsShree Cement has inaugurated its new 3Mta cement plant in Guntur, India. Commissioned six months ahead of schedule, the new facility marks an investment of over INR25,000m (US$300m), reports The New Indian Express. Located in Dachepalli village, Guntur district of Andhra Pradesh, the new plant is Shree’s sixth integrated plant in India and its second in the south of the counrry after its 4Mta works in Kodla , Karnataka. The cement producer's total production capacity now stands at 56.4Mta... |
Gautam Adani injects US$799m into Ambuja28 March 2024, Published under Cement NewsGautam Adani and his family have invested a further US$799m in Ambuja Cements Ltd , raising their stake in the cement producer to 66.7 per cent. According to Bloomberg News, the move is indicative of the billionaire’s confidence in the cement business as India undergoes an infrastructure boom. Adani first acquired a controlling stake in Ambuja Cements Ltd and ACC Ltd in 2022 for US$10.5bn. This latest investment will help Ambuja Cements increase its production capacity to a target 1... |
UltraTech to buy stake in clean energy plant28 March 2024, Published under Cement NewsIndian cement producer UltraTech , part of the Aditya Birla Group , will by a 26 per cent stake in O2 Renewable Energy XXII for approximately INR160m to meet the energy requirements of its cement plants. New Delhi-based O2 is planning a 35-48MW solar power plant in Karnataka, India. The acquisition is part of UltraTech's investments in clean power sources. The share purchase of O2 is also to optimise energy costs and comply with regulatory requirements in terms of captive power consump... |
Afghanistan in talks over new cement plant28 March 2024, Published under Cement NewsTurkey-based construction company 77 INSAAT has reportedly expressed an interest in setting up a cement plant in Jawzjan province in the north of Afghanistan, close to the border with Turkmenistan. According to Ariana News, 77 met with Shahabuddin Delawar, the acting minister of mining and petroleum in Afghanistan, to discuss the possibility of a new cement production facility in the Yatim Taq area. 77 has worked on a number of projects in Afghanistan in recent years, primarily within th... |
Indian cement demand growth to decline in 4QFY23-2420 March 2024, Published under Cement NewsIndia is expected to see a fall in cement demand growth in the final quarter of the current fiscal year (January-March 2024), due to a slowdown in construction activity, adverse weather conditions and uncertainty in the run-up to the elections being held in April and May. According to Business World India, an increase in supply along with more intense competition has also had an adverse impact on cement prices. Reports suggest that prices have already begun to decline, with reductions of ... |
Geoclean launches two new waste management plants20 March 2024, Published under Cement NewsACC and Ambuja Cements ’ ( Adani Group ) sustainable waste management company, Geoclean, has opened two new facilities. The Ambuja Marwar Pre-processing and Co-processing Facility will convert 220,000t of waste into alternative fuels, increasing the Marwar cement plant’s thermal substitution rate (TSR) to 15 per cent, according to the company. The new facility marks a collaboration between the cement producer and the Ambuja Marwar Farmer Producer Organisation (FPO), which will supply... |
Shree Cement enters RMC sector14 March 2024, Published under Cement NewsShree Cement has acquired five ready-mixed concrete (RMC) plants from StarCrete LLP. The plants, which have an aggregate capacity of 422m 3 /h, are all located in Mumbai, reports The Times of India. Commenting on the deal, Neeraj Akhoury, managing director of Shree Cement, said, “The strategic foray into RMC segment is a step ahead in our vision to become a multi-product company centred around core cement business. The RMC segment is expected to clock healthy growth since there has bee... |