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UltraTech expands EV fleet, aiming to reach 500 EV trucks in 2025 18 November 2024 UltraTech advances eco-friendly logistics strategy with the acquisition of 100 EV trucks to transport clinker (CW Group) UltraTech Cement Limited, India’s largest cement producer, has announced a major expansion of its electric vehicle (EV) fleet,... Type: Article Category: Markets & Competition India: cement manufacturers under pressure due to lower prices 08 November 2024 Birla Corporation, and Heidelberg Cement experiencing reduced topline and sales volume, while major players such as UltraTech, Ambuja Cement, and Dalmia Bharat maintained stability through recent acquisitions. The sector faced additional challenges,... Type: Article Category: Volume & Pricing UltraTech teams up with UCLA to trial ZeroCal process 25 October 2024 UltraTech Cement to pilot the Zero Carbon Lime (ZeroCAL) process in a demonstration plant (CW Group) UltraTech Cement Limited announced a collaboration with the University of California, Los Angeles (UCLA) to pilot the Zero Carbon Lime (ZeroCAL)... Type: Article Category: Environment Ultratech Cement's Q2 profit falls 36 percent amid rising costs 21 October 2024 Ultratech Cement has reported a substantial decline in profits for Q2 (CW Group) In the second quarter of FY25, Ultratech Cement's profit dropped by 36 percent year-on-year, amounting to INR 820 crore. The company faced escalating input costs and a... Type: Article Category: Financial Adani initiates discussions to acquire Heidelberg Germany’s Indian cement business 17 October 2024 However, sources note that Adani might step back if the deal turns into a full-sale process involving other bidders. UltraTech, India's leading cement producer, is also actively acquiring firms to maintain its top position in the market. The potential... Type: Article Category: Mergers & Acquisitions UltraTech Cement adds grinding capacity in Arakkonam unit 17 October 2024 New capacity adds strength to UltraTech's operations (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]UltraTech Cement has commissioned an additional 1.2 million tons per... Type: Article Category: Markets & Competition UltraTech Cement increases stake in Continuum MP Windfarm 03 October 2024 New power procurement supports sustainable operations in India (CW Group) UltraTech Cement has announced plans to procure an additional 7 MW of hybrid power from Continuum MP Windfarm, increasing its total procurement to 21 MW. This move is part of the... Type: Article Category: Environment Indian cement sector consolidating 13 September 2024 to control a significant portion of the production capacity by 2026, according to Business Line. Major companies like UltraTech, Ambuja, ACC, and Shree Cement are predicted to hold 60 percent of total capacity, up from 50 percent last fiscal year. Over... Type: Article Category: Markets & Competition Himachal sees second cement price increase in less than a month 09 September 2024 Pradesh have been raised once again, according to The News Himachal. As of September 9, leading brands ACC, Ambuja, and UltraTech Cement increased their prices by INR 15 per bag. This marks the second price hike in just 20 days, causing concern among... Type: Article Category: Volume & Pricing Indian cement manufacturers to invest USD 14.3Bn over the next four years 05 September 2024 tons of cement production annually, with most of the funding coming from internal resources. The top three producers—Ultratech, Ambuja, and Shree Cement—are expected to contribute to over 70 percent of the capacity increase. Annual capital expenditure... Type: Article Category: Markets & Competition UltraTech Cement secures USD 500Mn sustainability-linked loan 27 August 2024 Major sustainability-linked loan aligns with ESG goals (CW Group) UltraTech Cement, India’s largest cement producer, has secured USD 500 million through a sustainability-linked loan. This financing aligns with the company’s commitment to environmental,... Type: Article Category: Environment Neocrete partners with major global cement producers 22 August 2024 has partnered with major global cement producers, including Cemex, Heidelberg Materials, CRH, Titan, Cementos Argos, and Ultratech Cement, to advance its new Activator product. This initiative, reported by Business Desk, aims to significantly reduce the... Type: Article Category: Markets & Competition Ciel & Terre and Amplus complete floating solar installation for Ultratech 20 August 2024 Ciel & Terre India, in collaboration with Amplus KN One Power, has completed a 4.096 MWp floating solar installation at UltraTech Cement's Awarpur unit in Maharashtra, informs PV Magazine. The project marks a significant step toward sustainable energy... Type: Article Category: Environment Grasim achieves record revenue in FY24 20 August 2024 highest-ever consolidated EBITDA of INR 20,837 crore, with significant contributions from its cement business managed by UltraTech. UltraTech’s production capacity expanded by 13.8 million tons, further boosting Grasim’s revenue. Copyright CW Group. All... Type: Article Category: Financial Prism Johnson appoints Raakesh Jain as Executive Director & CEO (Cement) 16 August 2024 nearly a decade in various sales roles with Lafarge India. He also held sales positions with the white cement division of UltraTech Cement starting in the late 1990s. Jain holds a commerce degree from Devi Ahilya University and a Master of Business... Type: Article Category: People JSW Cement joins race to acquire Orient Cement stake 31 July 2024 Aditya Birla and Adani groups in a competitive consolidation of the cement sector. Delays in negotiations with Adani and UltraTech due to valuation and environmental issues have opened the door for JSW Cement. The promoter stake, held by the Birla... Type: Article Category: Mergers & Acquisitions UltraTech Cement acquires stake in India Cements 29 July 2024 Strategic move to expand Southern market presence (CW Group) UltraTech Cement's Board of Directors has approved the acquisition of a 32.7 percent equity stake in The India Cements Limited. Earlier, in June 2024, UltraTech made a financial investment in... Type: Article Category: Mergers & Acquisitions UltraTech Cement profit increases in Q1FY25 23 July 2024 Quarterly profit rises, revenue shows modest growth (CW Group) UltraTech Cement reported a consolidated net profit of INR 1,697 crore for the quarter ending June 30, 2024, as per The Economic Times. This represents a slight increase of 0.5 percent... Type: Article Category: Financial UltraTech Cement to cut costs by INR 300 per ton 22 July 2024 Cost-cutting measures and expansions set to save significantly (CW Group) UltraTech Cement is poised to cut costs by INR 300 per ton over the next three quarters, according to Machine Maker. The savings are driven by expanding its plant network,... Type: Article Category: Financial UltraTech Cement buys stake in green energy company 18 July 2024 Cement giant invests in solar, hybrid projects for self-consumption (CW Group) UltraTech Cement Ltd has acquired a 26 percent equity stake in Amplus Omega Solar, a special purpose vehicle, to establish a 30.85 MW hybrid project with battery storage in... Type: Article Category: Environment 1 2 3 4 5 6 7 8 9 10 Results 1 - 20 of 586 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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