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GMDC clears Limestone linkage for cement plants

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Gujarat Mineral Development Corporation (GMDC) has cleared the decks for limestone supply to some of the cement projects signed during the Vibrant Gujarat Summit. cGroup’s Reliance Cementation, ACC and Adani are likely to sign long term supply agreements with GMDC. GMDC has allocated 2.5 million tonnes of limestone reserves for each at Kutch. Anil Ambani group led Reliance Cementation has signed memorandum of understanding (MoU) with the Gujarat government to set up 5 million tonnes per annum (mtpa) plants each at Kutch, Junagadh and Porbandar. The investment on the 5 mtpa cement plant would be close to Rs 2,500 crore. Reliance said that it could start work soon after the supply contract is signed and in that case, for setting up a 2.5 mtpa capacity, the initial investment would be around Rs 1,200 crore. GMDC is likely to pick up a 26 per cent equity stake in each of these projects. GMDC holds the exclusive rights to mine all key minerals including lignite, bauxite, limestone and manganese in the state. Adani Enterprises has signed MoU with the state government for setting up a Rs 1,850 crore cement manufacturing unit at Kutch during the 2009 Vibrant Gujarat Summit.

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Concrete

Star Cement launches ‘Star Smart Building Solutions’

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Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

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Concrete

Nuvoco Vistas reports record quarterly EBITDA

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Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

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Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

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UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.

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