India cement news

During 2021, the company has invested in numerous sustainable upgrades at one of its integrated cement manufacturing units – the Maihar Cement Works, located in Madhya Pradesh, India.

Both Ambuja and ACC, in alignment with its parent company, Holcim, have been consistently leveraging innovation and R&D to build a range of green and responsible products to reduce CO2 emissions in India.

As a joint winner in the Large Enterprise category, the award celebrates UltraTech’s efforts to accelerate its business towards a circular model.

This year, the company’s percentile rose by three points from 89 to 92.

The company has been independently assigned AA/Stable/ A1+ ratings to the bank facilities by CRISIL, AA Ratings for its entire long term existing and proposed borrowings, and A1+ for UCWL’s short term borrowing programme.

This commitment to produce carbon neutral concrete by 2050 is a collective commitment of the world’s leading cement and concrete companies to fully contribute to building the sustainable world of tomorrow.

The company has exported 9 thousand t (KT) of LD slag of through Dhamra Port Company Limited to the Bangladesh market from its unit located in Dhenkanal district of Odisha.

The cement company has become the first in India to receive a green accreditation from the GRIHA. GRIHA is the national rating system for green buildings in India that was jointly set up by The Energy and Resources Institute (TERI) and the Ministry of New and Renewable Energy (MNRE) to combat climate change.

The company has announced its results for Q3CY21, recording operating EBIT growth of 4.9%.

‘Ambuja Abhimaan’, the contractor loyalty programme from Ambuja Cements Ltd. has emerged as the winner under the category ‘Best Use of Influencer Marketing’ in the B2C Content marketing category at the recently held MINT Marketing Summit 2021.