Ambuja Cements Ltd (ACL) net profit declined by 11.8 per cent to Rs 407 crore in the quarter ended March 2011 as against Rs 462 crore in the same period last year. The company’s sales rose 10.90 per cent to Rs 2,207 crore in the quarter ended March 2011 as against Rs 1,990.16 crore during the previous quarter ended March 2010. ACL said that the production of cement for the quarter ended March 2011 went up by 4.8 per cent to 5.50 million tonne compared to 5.33 million tonne for the same quarter last year. The overall sales volume of cement and saleable clinker increased by 6.8 per cent year-on-year from 5.28 to 5.64 million tonne including 5.5 per cent rise in the domestic cement sales volumes. Though the cement exports declined by 31 per cent to 89,000 tonne compared to 129,000 tonne last year, clinker sales rose to 134,000 tonne as against 18,000 tonne in the corresponding period. The operating cost increased substantially during the quarter by increase in power and fuel costs on account of sharp rise in coal prices, higher grid tariff and increase in freight rates, the company said.
Sustainable solutions by Ambuja Cement, ACC
Ambuja Cement and ACC the cement and building material companies of the diversified Adani Group announced solutions to an array of customer concerns while keeping environment sustainability at its core. Examples of this are the concrete mix proportioning solution; designed to optimise the proportions of aggregates, sand and water in concrete mixes considering their unique properties. This helps the company optimise the resources thereby minimising wastage. The company also developed an in-house modular curing solution, also known as zero-water curing. This technique helps concrete slab curing without excessive use of water. This has helped save about 39 million litres of water across multiple sites.
Fornnax adds 430HP secondary shredder to it’s R-series line-up
Fornnax technologies showcased the R4000-HD tyre shredder at the IFAT expo 2023, where the company got a platform to interact with industry professionals from domestic as well as overseas markets and demonstrate the technological prowess of their machine. The R4000-HD is a powerful machine designed to make secondary shredding and steel separation more efficient and profitable.
The machine saves electricity and man-power and due to its design features it is built to make maintenance procedures easier and also lower the wear and tear to the equipment, thus lowering operating cost. It can process various materials from types, cables, e-waste and aluminium scrap. It is built to last 20-25years. With all its features and sturdy built, it is one of the most powerful secondary shredding machines in the industry.
Udaipur Cement Works Limited doubles its clinker capacity
A subsidiary of the well known JK Lakshmi Cement Ltd., Udaipur Cement Works Ltd. (UCWL) recently announced the expansion of its clinker facility taking its current capacity from 1.5MTPA to 3 MTPA at Udaipur. The company, by the end of financial year 2023-24, plans to exceed twice the current capacity from 2.2 MTPA to 4.7 MTPA. The capacity expansion has been funded through a mix of equity and debt; the company recently successfully completed its rights issue of INR 450 crores.
They have two brands under their portfolio ‘Platinum Heavy Duty Cement’ and ‘Platinum Supremo Cement’.
Also known for their commitment to renewable energy and environment sustainability, they have the first and only of it’s kind floating solar power plant of 1MWp at it’s mines, fulfilling 50% of their electricity needs.