Displaying items by tag: India

India: The Rural Development Department has signed a memorandum of understanding with ACC Cements to co-process non-recyclable plastic waste at its Barmana plant. The initiative will cover the Bilaspur, Chamba, Kangra, Kullu and Mandi districts. The partnership follows similar agreements with Ambuja Cements and UltraTech Cements, and aims to reduce environmental pollution and landfill use through cement kiln co-processing.

India: Orient Cement has appointed Vaibhav Dixit as its CEO. He succeeds Desk Deepak Khetrapal, who has resigned from the post. Other notable appointments include that of Vinod Bahety as chair and Kajal Sarda as chief financial officer.

Dixit has worked in the cement industry for more than 20 years with jobs at ACC, including Unit Head of Jamul Cement Works, Unit Head of Sindri Cement Works, Project Head at Sindri, Head Engineering of Bargarh Cement Works and Chief Manager Maintenance of Kymore Cement Works. He holds a bachelor’s degree in engineering from the Madhav Institute of Technology and Sciences.

Bahety became the CEO of Ambuja Cements and ACC earlier in April 2025. Prior to this, he was the CFO of the subsidiaries of Adani Group from 2022. He also worked as the Group Head for Merger & Acquisition at Adani Group. He holds qualifications as a chartered accountant and a cost and works accountant.

Sarda, a trained chartered accountant, has worked for other 20 years in business finance. She has been the Head of Financial Reporting at Adani Gorup since 2023. Prior to this, she worked for as Corporate Finance Controller for Hindustan Zinc and as a Marketing Controller at Bharat Aluminium Company.

Ambuja Cements secured approval from the Competition Commission of India in March 2025 to buy Orient Cement.

India: The Ministry of Environment, Forest and Climate Change has issued a draft notification to establish India’s first compliance-based carbon market, according to The New Indian Express. The draft covers heavy industries such as cement, and lists 186 cement plants belonging to Ultratech Cement, Ambuja Cement, Dalmia Cement and others. These plants must cut greenhouse gas emission intensity (GEI) for two years, starting from the 2025–26 financial year under the Carbon Credit Trading Scheme 2023. Non-compliant producers must purchase carbon credit certificates, or failing this, face penalties from the Central Pollution Control Board. The draft will be finalised following a 60-day public consultation.

India: Gebr. Pfeiffer has commissioned a Pfeiffer MVR 6000 R-6 raw material mill and a Pfeiffer MPS 3550 BK coal mill at UltraTech Cement’s Maihar cement plant in Madhya Pradesh. The Germany-based company said that these were the 42nd and 43rd vertical roller mills supplied to UltraTech Cement.

India: The Mumbai bench of the National Company Law Tribunal has approved Vadraj Cement’s acquisition by Nirma Group-owned cement producer Nuvoco Vistas. Gujarat-based Vadraj Cement, formerly owned by ABG Shipyard, has admitted liabilities of US$1.1bn, while Nuvoco Vistas proposes to pay US$209m to acquire the company through the bankruptcy process.

Vadraj Cement operates grinding units in Surat, with a total capacity of 6Mt/yr, and a clinker plant of 3.5Mt/yr in Kutch, which mostly supplies the grinding plants. All assets are located in the state of Gujarat. The acquisition will increase Nuvoco Vistas’ cement capacity to around 31Mt/yr, making it the fifth-largest cement producer in India by installed capacity.

Nuvoco Vistas won an auction for the business against other bidders, including JK Cement, JSW Cement, KIFS, RKG Fund and Orissa Metaliks.

India: The Mumbai bench of the National Company Law Tribunal has approved Nuvoco Vistas’ US$209m acquisition of Vadraj Cement. The deal will raise Nuvoco’s installed capacity by over 20% to around 31Mt/yr. It will be executed through wholly-owned subsidiary Vanya Corporation, which will be merged with Vadraj Cement as part of the deal.

Nuvoco Vistas will invest a further US$139m over 15 to 18 months to revive Vadraj Cement’s operations, which have reportedly been stalled for ‘nearly seven years’, and begin production by the end of 2026. Vadraj Cement’s assets include a 3.5Mt/yr clinker unit in Kutch and a 6Mt/yr grinding unit in Surat, Gujarat.

India: Ambuja Cements has appointed Vinod Bahety as its CEO for a three-year term. He succeeds Ajay Kapur in the post, who has been appointed as the company’s managing director. Other personnel changes include the appointment of Rakesh Tiwary as chief financial officer (CFO), Madhavi Isanaka as Chief Digital Officer, Vaibhav Dixit as Head of Manufacturing and Ashwin Raikundaliya as Chief Sustainability Officer.

Bahety has worked as the company’s CFO since mid-2022. He holds over 25 years of experience in various management positions in the manufacturing and finance sectors. Before joining the cement industry, he was the Group Head for Merger & Acquisition at Adani Group. He holds qualifications as a chartered accountant and a cost and works accountant.

India: Shree Cement has commissioned its new grinding unit in Etah, Uttar Pradesh, with an investment of US$917m, funded through internal accruals. The plant’s location near railway lines allows for efficient transport of raw materials from Rajasthan, and the unit will distribute cement via roadways and a new highway-access road. It features ‘zero-waste’ operations, air-cooled screw compressors to reduce water usage and advanced filtration systems.

The plant will consume 5000t/day of fly ash from the adjacent Jawaharpur Thermal Power Plant. A solar power installation is planned within two to three years.

India: Dalmia Cement (Bharat), a material subsidiary of Dalmia Bharat, has commenced commercial production at its cement grinding unit at Rohtas Cement Works in Rohtas district, Bihar, increasing capacity by 0.5Mt/yr to 1.6Mt/yr.

With this rise in cement capacity, the group’s total cement production capacity now stands at 49.5Mt/yr.

India: The Ramco Cements has increased the capacity of its Kalavatala plant in Andhra Pradesh from 2Mt/yr to 2.4Mt/yr by de-bottlenecking and optimising the cement mill. The producer's total cement grinding capacity now stands at 24.4Mt/yr.