Shree Cement is planning to step into the West Indian market in the next six months, with a 2.5 million tonne per annum (mtpa) grinding unit near Pune. Shree Cement is second largest company in the segment. Its Managing Director H M Bangur told Business Standard: “It will be our […]
Cement
UltraTech Cement has commissioned a grinding unit in Bara, Uttar Pradesh. Phase-I of the grinding unit has been fully commissioned with a capacity of two million tpa. Once the entire unit is fully commissioned, its total capacity will be four million tpa. UltraTech Cement Ltd. is the largest manufacturer of […]
Cement major Ramco Cements Ltd has decided to invest over Rs 2,200 crore in various upcoming projects in Andhra Pradesh and Odisha. S Vaithiyanathan, CFO, Ramco Cements, was quoted as saying by The Hindu: “Economic slowdown is an ideal situation to invest. We generally tend to invest during down cycle […]
Environment clearance has been granted to Deepak Fertilisers and Petrochemicals Corporation for expansion of its fertiliser facilities in Raigad district of Maharashtra, which will be done at an investment of Rs 190 crore. An official document said the Union environment ministry has issued the clearance to the company’s proposal after […]
Ramco Cements Ltd executive director (marketing) Balaji K Moorthy has said the company, which clocked Rs 5,146 crore revenues during the last fiscal, expects to touch the Rs 7,500 crore mark by the end of next financial year, backed by the capacity expansion. Speaking to reporters, he said, “Our current […]
Wonder Cement has set up its third cement plant at Nimbahera in Chittorgarh district in Rajasthan. With this, Wonder Cement, part of the RK Group, has increased its total production capacity to 11 million tonnes per annum (mtpa). In a statement, the company said that the new plant, built in […]
Ambuja Cement is planning to acquire capacities in ready-mix concrete (RMC) and aggregates businesses to fuel growth. According to a Business Standard report, the cement major is also on the look out for adding cement capacities, if the valuations serve right. Quoting an official, it said, “The company continues to […]
Ramco Cements Ltd, which has decided to increase its capacity to 20 million tonnes by 2020 from the present integrated capacity of 12.5 million tonnes, will invest Rs 3500 crore to achieve the target. According to the Tamil Nadu-based company’s Chairman and Managing Director P R Venketrama Raja, the new […]
UltraTech Cement has received approval from environment ministry for a Rs 2,500 crore project in Andhra Pradesh. As per the project, the company will set up an integrated cement plant at Petnikote village in Kurnool district with a clinker capacity of 4 million tonne per annum (MTPA), 6 MTPA of […]
Ramco Cements has said its Rs 3,500-crore expansion projects are underway. Once completed, these would increase cement production to 20 million tonne per annum by 2020. The company is setting up a new plant in Odisha and it is expected to be commissioned by October 2019. In a statement, the […]