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Górazdze Group buys energy from new solar power plant

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HeildelbergCement subsidiary G?ra?d?e Group has signed a 10-year corporate Power Purchase Agreement (PPA) with BayRa to buy electricity from the forthcoming Witnica solar power plant. The project is the first subsidy-free PPA-backed large-scale solar park in Poland. Due for completion in the first half of 2021, the solar park will be the largest in Poland, with a capacity of 64.6MWp.

??ere is the ultimate proof that photovoltaic power can ??without any subsidies – be competitive to conventional energies, even in a European country further north, which still generates 80% of its electricity from coal,??said Benedikt Ortmann, Global Director of Solar Projects at BayWa. Andrea Grotzke, Global Director of Energy Solutions at BayWa added, ??his PPA serves as an economic structure for a fixed price hedge against rising electricity costs. Securing energy from solar not only reduces a company?? CO2 footprint. We are convinced that it also results in significant savings on the corporate energy bill.??BayWa has set the goal of constructing solar and wind projects in Poland with a total installed capacity of more than 1GW by the mid-2020s.

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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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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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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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