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Ambuja Cements net profit rises 64 percent in 4Q23 01 May 2024 59.2 million tonnes. The company continues to invest in expanding its capacity to meet future demand, aligning with UltraTech Cement's plans for significant capacity expansion. Looking beyond the financials, Ambuja Cements underscores its resilience... Type: Article Category: Financial UltraTech Cement surpasses expectations with strong Q4 performance 30 April 2024 Quarterly results showcase net profit increase (CW Group) The Economic Times reports that UltraTech Cement has posted a 36 percent year-on-year increase in its consolidated net profit for the quarter ending March 2024, reaching INR 2,258 crore compared... Type: Article Category: Financial Delays in Dalmia's acquisition of Jaypee Cement 29 April 2024 by March, now faces a six-month delay due to procedural challenges. Pending approvals from banks, ongoing arbitration with UltraTech, and uncertainties regarding previous joint ventures with SAIL contribute to the setbacks. Dalmia had signed a... Type: Article Category: Mergers & Acquisitions Kesoram Industries CEO discusses price adjustments 24 April 2024 into the company's recent price adjustments within the cement market and discusses the progress of its merger with UltraTech. Radhakrishnan notes that Kesoram has implemented slight price increases in select markets, with consumers absorbing increments... Type: Article Category: Financial UltraTech Cement acquires grinding unit from India Cements 22 April 2024 UltraTech Cement looking to bolster presence in Maharashtra markets (CW Group) UltraTech Cement has made a few moves to bolster its market position, according to Business Standard. The company has announced the acquisition of a grinding unit from India... Type: Article Category: Markets & Competition UltraTech Cement to install vertical roller mill technology from Gebr. Pfeiffer 16 April 2024 Partnership elevates cement production efficiency (CW Group) Gebr. Pfeiffer's collaboration with UltraTech Cement continues with the installation of MVR vertical roller mills for cement raw material and MPS vertical roller mills for coal and pet coke... Type: Article Category: Equipment UltraTech completes solar power energy project in Rajasthan 05 April 2024 Renewable energy project fuels UltraTech's green power capacity growth (CW Group) UltraTech Cement has reached an important milestone by completing a 100-megawatt solar energy project in Rajasthan, marking a step towards enhancing its green power... Type: Article Category: Environment Ultratech Cement allocates USD 3.9 billion for capacity expansion 03 April 2024 Company intends to capitalize on India’s surging cement demand (CW Group) India's Ultratech Cement announces an investment of USD 3.9 billion for capital expenditure over the next three years, informs Reuters. The move comes amidst heightened activity... Type: Article Category: Markets & Competition UltraTech Cement faces demand order 01 April 2024 Chhattisgarh government issues notice over production violations (CW Group) UltraTech Cement, a leading cement manufacturer, discloses a demand order of INR 210.13 million issued by the Chhattisgarh government for alleged failure to meet minimum... Type: Article Category: Markets & Competition Ultratech Cement expands capacity in Uttarakhand 28 March 2024 Boosting infrastructure with enhanced cement production (CW Group) Ultratech Cement, a prominent player in India's cement industry, unveils its latest addition to cement capacity in Uttarakhand, affirming its commitment to meeting the region's growing... Type: Article Category: Markets & Competition UltraTech Cement expands capacity in Uttarakhand 25 March 2024 Milestone achieved in cement production (CW Group) Manufacturing Today reports that UltraTech Cement has successfully inaugurated an additional 1 million tonnes of brownfield capacity at its Roorkee plant in Uttarakhand, bolstering the unit's total... Type: Article Category: Markets & Competition UltraTech secures CCI approval for Kesoram acquisition 20 March 2024 up cement industry (CW Group) The Economic Times reports that the Competition Commission of India (CCI) has greenlit UltraTech's acquisition of Kesoram Industries' cement unit, along with Shriram Ownership Trust's stake purchase in Shriram Investment... Type: Article Category: Markets & Competition UltraTech installs floating solar panels at Awarpur plant 08 March 2024 Solar project aims to transform energy landscape in cement manufacturing (CW Group) UltraTech Cement Limited takes a groundbreaking step towards sustainability by deploying Floating Solar Photovoltaic panels in its Awarpur Cement Works. The innovative... Type: Article Category: Environment UltraTech boosts Rajasthan presence with 1.8 MTPA expansion 23 February 2024 Cement giant strengthens market reach in Rajasthan (CW Group) UltraTech Cement successfully inaugurates a new chapter with the commissioning of a 1.8 MTPA brownfield cement capacity in Kotputli, Rajasthan. This achievement is part of the ambitious 22.6... Type: Article Category: Plant Expansions India’s January pet coke imports decline 12 February 2024 by 50 percent, reaching 0.16 million tons while Oman saw a 17 percent month-on-month increase to 70,000 tons in January. Ultratech Cement emerged as the top importer with 0.17 million tons, tripling its imports month-on-month. Ambuja Cement followed... Type: Article Category: Trade & Shipping India’s Nayara increases the prices for petcoke 05 February 2024 coke prices have influenced cement makers, prompting increased use in their fuel mix. India's largest cement producer, Ultratech, notably raised its coke usage to 44 percent in October-December, replacing thermal coal as coke remained competitively... Type: Article Category: Pricing Ultratech Cement commissions grinding plant in Punjab 30 January 2024 The 2.6 MTPA greenfield grinding plant enhances Ultratech Cement's market reach in Punjab (CW Group) Ultratech Cement has commissioned a 2.6 MTPA greenfield grinding capacity in Rajpura, Punjab. This strategic move is a key milestone in Ultratech's... Type: Article Category: Plant Expansions UltraTech reports petcoke prices shift 22 January 2024 the industry for a substantial advantage. Elara Capital suggests that the primary beneficiaries, including industry giant UltraTech, are set to capitalize on reduced power and fuel costs. With 30 percent of UltraTech's total costs attributed to power... Type: Article Category: Pricing UltraTech Cement Q3 profit rises 19 January 2024 Consolidated net profit reaches record high, outperforming market expectations (CW Group) UltraTech Cement outperformed market expectations in Q3, reporting a consolidated net profit of Rs 1,777 crore (USD 214 million). The substantial 68 percent... Type: Article Category: Financial Kesoram Industries adapts FY24 outlook 16 January 2024 Time Director and CEO, shared insights on the company's operations and the progress of demerging its cement business into UltraTech Cement, India's largest cement producer. The transfer includes two integrated units with a combined capacity of 10.75... Type: Article Category: Financial 1 2 3 4 5 6 7 8 9 10 Results 1 - 20 of 549 Free NEWSLETTER Please enable the javascript to submit this form FREE SIGN-UP Sign in Don't have any account? Create one SHOW Forgot your username/ password? 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