India’s Ambuja Cement Limited, a subsidiary of the Adani Cement, has completed its acquisition of Penna Cement Industries Limited (PCIL) end of last week, the company said in an exchange filing. We reported about the transaction 14. June 2024). With…
Shiva Cement, which is a subsidiary of India’s JSW Cement, is currently investing over ₹1,500 crores in a 1.36 Mta clinker unit project to be established in Sundergarh, Odisha. The company has been established in 1985 and operates a 4000…
Jaiprakash Associates, Jaypee Group’s cement flagship firm, once, India’s 3rd largest cement producer with a capacity of 33.8 Mta is now in official insolvency. The decision came by the National Company Law Tribunal (NCLT) on June 3 after ICICI Bank filed…
India’s largest cement producer UltraTech completed the acquisition of an additional 25% stake in RAK White Cement. The deal (we reported here May 29, 2024) is equivalent to 125 million shares, according to a bourse disclosure dated 11.07.2024. The additional…
India’s UltraTech, led by Kumar Mangalam Birla, is in advanced talks to acquire Orient Cement Ltd (OCL) from CK Birla. OCL began cement production in the year 1982 at Devapur in Telangana. In 1997, a split-grinding unit was added at…
Dalmia Cement has expanded the capacity of its integrated cement plant in Kadapa (photo), Andhra Pradesh, in India by 1.0 Mta grinding capacity. Now, the company operates a cement manufacturing capacity of 46.6 Mta across 15 plants and grinding units…
Chettinad Cement announced the light-up of kiln line 2 at their Kallur cement plant in Chincholi Taluk, Gulbarga district of India. The new 7500 tpd kiln line (photo) has been commissioned and installed by KHD Humbold Wedag. Together with line…
UltraTech Cement commissioned a 1.8 Mta expansion of the APCW integrated cement plant in Tadiparti, Anantapur district in India’s Andhra Pradesh. The plant has been acquired in 2004 from L&T and comprised two kiln lines for 6.5 Mta clinker and…
India’s Shree Cement will generate more than 1000 MW of electricity from solar (photo: 10 MW Jharkand Solar power plant), wind, thermal and waste heat recovery (WHR) capacity. The renewable energy portfolio of India’s third largest cement manufacturer is already…
JK Cement announced the commissioning of a new grinding unit (GU) at its Prayagraj plant in Uttar Pradesh in India. The plant construction was achieved in a record time of under ten months. The new GU has a capacity of…