Holcim has closed the sale of its business in India to the Adani Group, comprising its full stakes in Ambuja Cement at a share price of INR385 and in ACC at a share price of INR2300, resulting in cash proceeds of US$6.4 billion for Holcim.
Nuvoco Vistas Corp. Ltd., the fifth largest cement group in India and leading cement player in East India, in terms of capacity, launched a premium composite cement ‘Duraguard Xtra F2F’ as part of its extensive Duraguard range of products in Bihar.
With this commissioning, the company’s total cement manufacturing capacity in India now stands at 115.85 million tpy.
Adani, a large company based in Ahmedabad in the state of Gujarat, will in future supply the market in western India with high-quality cement from a Pfeiffer MVR mill through its subsidiary Adani Cement Industries Ltd.
Ambuja Pvt. Industrial Training Institute, run by Ambuja Cement Foundation, CSR arm of Ambuja Cements, at Chandrapur, Maharashtra was awarded with the Best Industrial Training Institute (ITI) by the Directorate of Vocational Education and Training.
Leading global provider of mission critical air and gas handling products, technologies and services, Howden, has opened a new office in Noida, Delhi, India.
Birla Corporation Limited has in the quarter ended 30 June registered a 25.2% increase in revenue even amid tepid cement demand as the company managed to ramp up capacity utilisation (on a like-for-like basis) to 101%.
Tokyo Cement Group reported its financial performance for the first quarter ending on 30th June 2022, with a turnover of INR16.3 billion reflecting a year-on-year growth of 53%.
#ChangeTheStory, a corporate sustainability campaign by Ambuja Cements Ltd. and ACC Ltd., has been honoured with a Silver Award for Best use of Integrated Communications at the Fulcrum Awards 2022.
#ChangeTheStory, a joint initiative by Ambuja Cements Ltd. and ACC Ltd. to create awareness about sustainability and the environment, has won yet another laurel by bagging the gold award under the CSR category of the prestigious South Asia SABRE Awards 2022.
UltraTech Cement Limited, an Aditya Birla Group company today announced its financial results for the quarter ending 30th June, 2022.
Ambuja Cements Ltd. has built and inaugurated a check dam across the Kalnoi river at Murshidabad in West Bengal that ensures water availability for multiple purposes and a better quality of life to people living in the region.
Ambuja Cement released its financial results on Tuesday 19th July, showing a quarterly growth in revenues of 18% reaching INR39.58 billion (US$495.3 million).
The World Review provides coverage of cement plant projects and upgrades from around the world on a country-by-country, plant-by-plant basis. The 2022 Edition of the World Review is sponsored by CEMENGAL
An important milestone towards green transformation, RHI Magnesita will make the CO2 footprints of its around 200 000 products transparent and comparable.