India cement news

Nuvoco Vistas Corp. Ltd., the fifth largest cement group in India and leading cement player in East India, in terms of capacity, has been conferred with the globally acclaimed Golden Peacock Award for Excellence in Corporate Governance.

Dalmia Bharat Limited (DBL), one of the India's leading cement manufacturers, celebrated the valuable contributions of 123 veteran contractors across the East region at its ‘Aap Hai Sachche Viswakarma’ felicitation initiative.

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%.