UltraTech Cement is to more than double its waste heat recovery capacity to 121 MW with new systems being set up at five cement plants across India.
India's Supreme Court has ruled that the cement industry can continue to import petcoke as a fuel.
The transaction is expected to be completed in the next 9 – 12 months.
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UltraTech’s net profit beat analyst expectations in 2Q18 but was still down as rising costs put pressure on the Indian cement sector.
Dalmia Bharat has extended its portfolio of slag cements, launching the fine blend composite cement, Dalmia FBC Cement.
Pakistan’s cement dispatches to the local market continued their positive run in May and June, as the market could close on 50 million t this year.
Ramco Cement has ordered three vertical roller mill from German supplier, Loesche, for the production of portland pozzolana cement.
Indian cement production continued its double-digit growth in April, before falling back to grow at 5.2% in May, as coal and steel production also showed positive trends.