Displaying items by tag: India

India: UltraTech Cement has increased its cement production capacity by 2.4Mt/yr through debottlenecking at integrated and grinding plants in Gujarat, Rajasthan and West Bengal. Following the improvement exercise its total domestic capacity is 141Mt/yr and worldwide it is 146Mt/yr. The improvements were made at the Pali integrated plant in Rajasthan and grinding plants at Magdall in Gujarat, Sonar Bangla in West Bengal and Neem ka Thana in Rajasthan.

India: UltraTech Cement plans to acquire a 26% stake in O2 Renewable Energy for around US$2m. It is making the purchase to support the energy requirements of its plants from renewable sources, according to the Times of India newspaper. O2 Renewable Energy is currently building a solar power plant in Karnataka that is expected to generate 35 – 48MW.

India: KHD Humboldt Wedag has appointed Anurag Johari as Assistant Vice President. He has worked for KHD in India since 2005 in a variety of roles. Johari is a graduate in chemical engineering from the National Institute of Technology, Warangal in Telangana.

India: UltraTech Cement has commissioned a new brownfield 1Mt capacity at its Roorkee-based facility in Uttarakhand, contributing to its total cement manufacturing capacity in India, which now stands at 138Mt. This addition is part of the 23Mt capacity expansion plan announced in June 2022.

In the third quarter of the 2024 financial year, UltraTech Cement reported a 67% increase in consolidated net profit to US$21.3m, with revenue from operations rising by 8% year-on-year to US$201m.

India: Shree Cement has launched Bangur Concrete, inaugurating its first Greenfield Ready Mix Concrete (RMC) plant in Hyderabad. The new plant has a production capacity of 90m³/hr.

Earlier in March, Shree Cement acquired five operational plants from StarCrete in Mumbai, raising its combined RMC capacity to 512m³/hr. This move marks a significant step in the company's diversification and growth in the concrete segment.

India: UltraTech Cement says that the Competition Commission of India has approved its proposed acquisition of Kesoram Industries’ cement business. The Business Standard newspaper reported that the demerger of the business from Kesoram Industries into UltraTech Cement is scheduled for November 2024. The deal has an enterprise value of US$914m.

India: ACC and Ambuja Cements' Geoclean has launched two new facilities for sustainable waste management. The Ambuja Marwar pre-processing and co-processing facility in Rajasthan can convert 220,000t/yr of refuse into alternative fuel, while the ACC Jamul co-processing facility will process an additional 120,000t/yr.

The Ambuja Marwar facility, in collaboration with the Ambuja Marwar Farmer Producer Organisation, aims to source 50,000t/yr of agricultural waste from local farmers. This initiative will also increase the plant's thermal substitution rate to 15%. Similarly, the ACC Jamul facility will enhance its thermal substitution rate to 10%, reducing CO₂ emissions through the co-processing of waste in the cement kiln.

India/Germany: Humboldt Wedag India (HW India) has become the exclusive sales and service partner for KIMA Process Control. This partnership enhances HW India's offerings with KIMA's advanced products and is expected to lead to significant cost savings, increased profitability, and enhanced competitiveness for Indian cement manufacturers.

"We are excited to partner with KIMA Process Control, a global leader in cement process optimisation. This collaboration will help us deliver innovative solutions and exceptional value to our customers." said Ashok Dembla, President of HW India. Dirk Schmidt, Director of KIMA Process Control, also expressed his enthusiasm for the partnership, highlighting HW India's understanding of the Indian market and technical expertise.

India: Ramco Cements has inaugurated the Gati Shakti cargo terminal at Jayanthipuram in Andhra Pradesh’s NTR District. The company will use the terminal for rail transport of raw materials over 8.3km from the Budawada limestone mines to its Jayanthipuram cement plant. The route will use electric trains.

The company said “Ramco Cements is glad to be a part of the Dedicated Freight Corridor under the Gati Shakti Mission.”

India: Shree Cement has ventured into the ready-mix concrete (RMC) sector by acquiring five plants in Mumbai from StarCrete. The company disclosed the purchase on 12 March 2024, with the plants having a combined capacity of 422m³/hr. The deal, valued at US$4.04m, marks a strategic expansion for Shree Cement.

Neeraj Akhoury, Managing Director of Shree Cement, said “The strategic foray into the RMC segment is a step ahead in our vision to become a multi-product company centred around a core cement business. The RMC segment is expected to witness healthy growth, driven by government initiatives in large infrastructure projects and a booming housing construction sector.”