Ambuja Cements, which is part of India’s Adani Group, plans to build a new 4.0 Mta cement grinding plant at Motia Village in Jharkhand, in India’s Eastern region. The proposed greenfield unit will use fly ash from the Adani Power…
The JSW Group announced to set up an integrated steel plant, a power plant, a port facility and a cement plant at Jagatsinghpur in Odisha, India, with an investment of Rs 65,000 crore. While the steel capacity is projected with…
Kiln line1 at the Kalavatala plant of Ramco Cements in Kolimigundla, Andhra Pradesh in India, was commissioned in April 2022. In the last quarter the 2.5 Mta clinker and 1.5 Mta cement capacity has been upgraded by 0.65 Mta through…
UltraTech Cement, member of the Aditya Birla Group and largest cement producer in India, provided insights into their CapEx plans by 2027. As already reported here, with its phase II and III expansions the grey cement capacity in India shall…
The Adani Group signed a MoU with the Govt. of Telangana in India to invest Rs 1,400 crore to set up a 6.0 Mta cement plant in the next five years. This project, announced 2 weeks ago, would be put…
Nuvoco Vistas Corporation, which is part of the India’s Nirma Group, commissioned the 1.2 Mta Haryana cement grinding plant in Bhiwani, Northern India. The company started into the cement business in 2014 and has become India’s 5th largest cement group…
UltraTech Cement commissioned its new 2.6 Mta greenfield grinding unit at Rajpura in the Punjab State in India. The plant is one of the phase II projects, announced in June 2022, of 22.6 Mta new capacity projects in India. Alone,…
The JSW Group, one of India’s leading diversified business houses, is planning to take JSW Cement public this year and to raise RS 6,000 crores. The company has started discussions with eight investment banks (i-banks) to launch an initial public…
It has been reported that Andani’s Ambuja Cement signed a MoU to install 3 grinding plants in Tamil Nadu, Southern India, for an investment of RS 3500 crores. However, this has not been verified yet (red color). Verified have been…
India’s ACC Limited, which belongs to the Adani Group, acquired the final 55% stake in Asian Concretes and Cements Private Ltd. (ACCPL, former ACL) at an Enterprise Value (EV) of Rs. 7.75 bn (US$ 93.2m) resulting in the entire ownership…