Concrete

RINL plans foray into cement business

Published

10 years ago

April 30, 2015

admin

Rashtriya Ispat Nigam (RINL) is planning to set up a greenfield cement manufacturing plant with a capacity of 6 million tonne per annum (mtpa) in Vishakhapatnam. The unit will be built through a joint venture route at an estimated investment of Rs 3,000 crore. RINL is in the process of floating a global tender inviting expression of interests (EoIs) from companies having expertise and experience to be roped in as the partner for entering into the business.

The plan to venture into the cement business is aimed at proper utilisation of by-products such as fly ash and slag from its 2.9 mtpa steel plant. Almost all the 1.2 mtpa slag produced in the plant is now sold to the local cement manufactures, while fly ash is mostly used for earth-filling.

The company is also enhancing the capacity of the plant to 6.3 mtpa, which is likely to be completed next year. This would mean more slag and fly ash production. RINL wants to limit its role in the venture as a minority partner while awarding the majority stake to the proposed partner. This makes sense since the company does not have the necessary experience and exposure to run a cement plant.

Concrete

UltraTech Cement boosts capacity with new clinker line

Published

3 weeks ago

April 21, 2025

admin

UltraTech Cement has commissioned a 3.35 million tonnes per annum (Mt/yr) brownfield clinker line and one of two 2.7Mt/yr cement grinding mills at its Maihar facility in Madhya Pradesh. The second mill is expected to be operational in Q1 of FY2026. The company has also expanded its Dhule (1.2Mt/yr) and Durgapur (0.6Mt/yr) grinding units and inaugurated its first bulk terminal in Lucknow with a 1.8Mt/yr handling capacity.

Concrete

Ambuja Cements gets a new CEO

Published

3 weeks ago

April 21, 2025

Roshna

Ambuja Cements has named Vinod Bahety as its CEO for a three-year term, following Ajay Kapur’s elevation to Managing Director. Bahety, formerly the company’s CFO, brings over 25 years of experience in finance and manufacturing, including a previous role as Group Head of M&A at Adani Group. Other key appointments include Rakesh Tiwary as CFO, Madhavi Isanaka as Chief Digital Officer, Vaibhav Dixit as Manufacturing Head, and Ashwin Raikundaliya as Chief Sustainability Officer.

Image source:www.exchange4media.com

Concrete

‘Sabse Khaas Pehelwan’ by Nuvoco

Published

3 weeks ago

April 21, 2025

admin

Nuvoco Vistas Corp has introduced Nuvoco Duraguard Cement ‘Sabse Khaas Pehelwan’, a one-of-a-kind wrestling championship aimed at honouring and nurturing Haryana’s proud wrestling legacy. The initiative offers budding wrestlers an opportunity to compete at a professional level, gain visibility and represent their districts in a prestigious state-wide competition. ‘Seedhi Baat Hai, Duraguard Khaas Hai’ is aligned with Nuvoco’s brand philosophy.