Displaying items by tag: India

India: Shree Cement has launched Bangur Concrete, inaugurating its first Greenfield Ready Mix Concrete (RMC) plant in Hyderabad. The new plant has a production capacity of 90m³/hr.

Earlier in March, Shree Cement acquired five operational plants from StarCrete in Mumbai, raising its combined RMC capacity to 512m³/hr. This move marks a significant step in the company's diversification and growth in the concrete segment.

India: UltraTech Cement says that the Competition Commission of India has approved its proposed acquisition of Kesoram Industries’ cement business. The Business Standard newspaper reported that the demerger of the business from Kesoram Industries into UltraTech Cement is scheduled for November 2024. The deal has an enterprise value of US$914m.

India: ACC and Ambuja Cements' Geoclean has launched two new facilities for sustainable waste management. The Ambuja Marwar pre-processing and co-processing facility in Rajasthan can convert 220,000t/yr of refuse into alternative fuel, while the ACC Jamul co-processing facility will process an additional 120,000t/yr.

The Ambuja Marwar facility, in collaboration with the Ambuja Marwar Farmer Producer Organisation, aims to source 50,000t/yr of agricultural waste from local farmers. This initiative will also increase the plant's thermal substitution rate to 15%. Similarly, the ACC Jamul facility will enhance its thermal substitution rate to 10%, reducing CO₂ emissions through the co-processing of waste in the cement kiln.

India/Germany: Humboldt Wedag India (HW India) has become the exclusive sales and service partner for KIMA Process Control. This partnership enhances HW India's offerings with KIMA's advanced products and is expected to lead to significant cost savings, increased profitability, and enhanced competitiveness for Indian cement manufacturers.

"We are excited to partner with KIMA Process Control, a global leader in cement process optimisation. This collaboration will help us deliver innovative solutions and exceptional value to our customers." said Ashok Dembla, President of HW India. Dirk Schmidt, Director of KIMA Process Control, also expressed his enthusiasm for the partnership, highlighting HW India's understanding of the Indian market and technical expertise.

India: Ramco Cements has inaugurated the Gati Shakti cargo terminal at Jayanthipuram in Andhra Pradesh’s NTR District. The company will use the terminal for rail transport of raw materials over 8.3km from the Budawada limestone mines to its Jayanthipuram cement plant. The route will use electric trains.

The company said “Ramco Cements is glad to be a part of the Dedicated Freight Corridor under the Gati Shakti Mission.”

India: Shree Cement has ventured into the ready-mix concrete (RMC) sector by acquiring five plants in Mumbai from StarCrete. The company disclosed the purchase on 12 March 2024, with the plants having a combined capacity of 422m³/hr. The deal, valued at US$4.04m, marks a strategic expansion for Shree Cement.

Neeraj Akhoury, Managing Director of Shree Cement, said “The strategic foray into the RMC segment is a step ahead in our vision to become a multi-product company centred around a core cement business. The RMC segment is expected to witness healthy growth, driven by government initiatives in large infrastructure projects and a booming housing construction sector.”

India: Kaushalya Logistics Limited (KLL) has initiated operations of a hub depot in Varanasi for JK Cement. The depot, operational since 1 March 2024, is a significant expansion for KLL, enabling it to cater to the entire Bihar region and reinforcing its presence in the cement industry. KLL has also announced the decision to begin operations of a depot for Adani Cement in Madhya Pradesh. This is expected to commence in early to mid-2024.

Uddhav Poddar, Managing Director of KLL, said "KLL has reached notable milestones, commencing operations at a new Hub depot in Varanasi exclusively for JK Cement, effective 1 March 2024. This move signifies a significant stride in KLL's commitment to excellence and strategic expansion within the cement logistics sector.”

India: UltraTech has installed floating solar photovoltaic panels at its Awarpur Cement Works plant on two water reservoirs, spanning 3600m². The reservoirs contain 7600 panels in total, which will generate 6173MWh/yr of solar energy. This initiative will reduce CO₂ emissions by 6000Mt/yr, equivalent to the sequestration benefits of 270,000 trees. The project enables UltraTech to use 100% of the generated power. Additionally, it will reduce water evaporation by up to 70% and has a minimal impact on local ecosystems.

India: Everest Industries is constructing a fibre cement boards and wall panels plant in Chamarajanagar district, Karnataka, with an investment of US$22.6m. The new facility, located on an 8.09 hectare plot in the Kellambali-Badanaguppe industrial area, will be operational later in March 2024. It will produce 72,000Mt/yr of fibre cement boards and 19,000Mt/yr of Rapicon wall panels. The company specialises in the production of fibre cement boards.

The plant is expected to generate 127 job opportunities.

India: Adani Group will invest US$603m in the construction of a 4Mt/yr clinker plant at Chorgadi and grinding plants in Dewas and Bhopal. The combined capacity will be 8Mt/yr. The move is part of a US$9bn investment which the company says will create 15,000 jobs across various sectors.