India cement news

ACC’s Thondebhavi plant has been awarded the prestigious International Safety Award by the British Safety Council for their commitment to health, safety, and well-being.

This expansion brings the company's total installed capacity to 46.6 million tpy, inclusive of its subsidiaries.

BEUMER Group has invested more than Rs. 2 billion in a new production city in Reliance MET City/Jhajjar.

The companies are at the forefront of facilitating swift decision-making and improved customer service by leveraging AI, IOT, video analytics and optimisation capabilities.

Ambuja Cements has entered into a binding agreement to acquire a 100% stake in PCIL, moving towards its target capacity of 140 million tpy by 2028.

UltraTech Cement Limited has announced that it has conserved 105 million m3 of water in FY24 making it five times water positive in line with its stated ambition.

The initiative aligns with Dalmia Bharat's growth plans to achieve a total capacity of 110 – 130 million t by 2031.

Consolidated EBITDA improved by 35% y/y to Rs. 16.57 billion. Further, the company reduced net debt by Rs. 3.84 billion y/y to Rs. 40.3 billion, resulting in net debt/EBITDA of 2.4x.

Dalmia Bharat Limited, a leading cement manufacturing company, reported its consolidated financial results for the quarter and year ended 31 March 2024.

To build three new clinker production lines, UltraTech Cement will once again be using vertical roller mill technology from Gebr. Pfeiffer.