India cement news
Ambuja Cements proposes setting up a 4 MTPA cement grinding unit in Godda, Jharkhand
An investment of Rs. 10 000 million will drive infrastructure development and employment in the region.
Ambuja Cements fuels economic progress in rural Chandrapur through sustainable livelihoods
Ambuja Cements has conducted business training programmes and financial literacy sessions focusing on women’s empowerment.
Ambuja Cements provides Q3 FY24 results
EBITDA, EBITDA PMT and EBITDA margins have grown higher than revenue growth given sharp improvement in operating costs. EBITDA margin at 21.3% for Q3’24 is the highest in the last 10 quarters.
Ambuja Cements implements Lighthouse Initiative for enhanced waste management in Vadnagar village of Gujarat
This project is a collaboration between the public and private sectors under the Ministry of Drinking Water and Sanitation and is set to roll out across 75 Gram Panchayats (GPs) in 15 states during its initial phase.
ACC strengthens market leadership with acquisition of Asian Concretes & Cements Pvt Ltd
ACC has acquired a 55% stake in Asian Concretes and Cements Pvt Ltd, increasing ACC's cement capacity to 38.55 MTPA.
UltraTech enables green mobility for clinker with electric trucks
UltraTech Cement Limited has introduced five electric trucks for transport of clinker from its integrated cement manufacturing unit to its grinding unit.
Nuvoco Vistas summarises the 2023 Indian cement industry
Managing Director Jayakumar Krishnaswamy of Nuvoco Vistas Corp. Ltd has provided a year-end quote for the state of the Indian cement industry in 2023.
Ambuja Cements completes acquisition of Sanghi Industries
This strategic acquisition is valued at an Enterprise Value of Rs. 51.85 billion.
Asian cement and steel companies will not survive rising carbon prices
Asian carbon emitting companies will see consistent negative margins in the next decade if they do not decarbonise, a new report from Imperial College Business School has concluded.
GCCA India visits Leilac-1
GCCA India and Indian cement sector representatives visit Leilac to discuss cement decarbonisation.