Indian cement manufacturers are in an upbeat mood as the Andhra Pradesh Government has sought more than one million tonnes of cement per month for its projects for the next fiscal, reports The Hindu.
Following the resignation of Bimlendra Jha, it has been announced that Neeraj Akhoury is to take over as Managing Director and Chief Executive Officer at Ambuja cement.
The company has revealed its unaudited financial results for the quarter ended 31 December 2019.
The company forecasts what the new year will hold for the global construction industry.
The government has committed to investing over Rs. 100 lakhs crore in infrastructure and has promised an increased allocation for the environment in the Union Budget.
The company is to equip a grinding plant of Chettinad Cement Corp. Pvt. Ltd. with an MVR 6000 C-6 roller mill.
The country’s current installed capacity is 485 million tpy and is expected to rise to 508 million tpy this year.
GCCA India and Cement Manufacturers Association India consider the possibility of a sustainable and efficient future in India’s cement industry.
Ultratech Cement Ltd has made a deal with Gebr. Pfeiffer, ordering 17 MVR mills of the type MVR 6000.
The company has reported a 23.13 % fall in cement production.
The company has reported a marginal improvement in its operating performance for the quarter ended 30 September 2019, compared to the same quarter of the previous year.
The fourth edition of UltraTech Cement’s IndiaNext initiative has drawn to a close.
They will collaborate on the Swachhata Hi Sewa initiative.
The collaboration on the disposal of plastics and waste management concerns ‘segregation, quality, consistency, and logistics’.
The aim of the project was to increase the capacity of clinker production to almost 3 million tpy.