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Ambuja Cements ranks 5th on Global Capital Hurun India Impact 50

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Ambuja Cements was ranked based on alignment with UNs’ 17 SDGs

Ambuja Cements Ltd, a member of the Holcim Group, has ranked 5th on the 2021 Capri Global Capital Hurun India Impact 50—a list of the top 50 companies headquartered in India.Ambuja Cements was ranked based on its alignment with the United Nations’ 17 Sustainable Development Goals (SDGs). This ranking functions as a recognition of the firm’s impactful work toward building a more sustainable future and forming higher standards in India’s cement sector.The award citation from 2021 Capri Global Capital Hurun India Impact 50 also underlined the efforts of Ambuja Cements in three major UN SDGs, namely Clean Water & Sanitation, Sustainable Cities, and Communities.Ambuja Cements has aligned with its parent Holcim’s Net Zero plan and sustainability plan. The firm has developed 2030 carbon emission reduction targets that have been validated by Science-Based Target Initiatives (SBTi), and it has collaborated with the Carbon Disclosure Project (CDP), India’s SBTi Incubator Program to execute a decarbonisation roadmap.Neeraj Akhoury, CEO of Holcim India and Managing Director & CEO, of Ambuja Cements, told the media that the mainstreaming of sustainability is the most important affirmative step taken by the global cement industry. The company’s sustainability plan and the roadmap to reaching Net Zero are closely aligned with Holcim’s commitment to becoming a net-zero carbon company by 2050 that will be calculated by clearly defined science-based targets.Ambuja Cements is also infusing in clean energy efforts like Waste Heat Recovery System to decrease clinker factor, energy efficiency (thermal & electrical) and usage of renewable energy from waste derived resources or alternative fuels, optimising fuel composition and rainwater harvesting.The firm has tied up with the Indian Institute of Technology (IIT) to create green products like limestone calcined clay cement, which will allow a further decrease in its carbon footprint. The firm was the first cement company globally to be designated to the CDP 2021 ‘A’ list for water security.Ambuja Cements has also been driving growth in usage of waste-derived resources like fly ash and slag in producing cement.

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Also read: Holcim Group to sell Ambuja Cement and ACC Ltd

Concrete

CCU testbeds in Tamil Nadu

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Tamil Nadu is set to host one of India’s five national carbon capture and utilisation (CCU) testbeds, aimed at reducing CO2 emissions in the cement industry as part of the country’s 2070 net-zero goal, as per a news report. The facility will be based at UltraTech Cement’s Reddipalayam plant in Ariyalur, supported by IIT Madras and BITS Pilani. Backed by the Department of Science and Technology (DST), the project will pilot an oxygen-enriched kiln capable of capturing up to two tonnes of CO2 per day for conversion into concrete products. Additional testbeds are planned in Rajasthan, Odisha, and Andhra Pradesh, involving companies like JK Cement and Dalmia Cement. Union Minister Jitendra Singh confirmed that funding approvals are underway, with full implementation expected in 2025.

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Concrete

JSW Cement gears up for IPO

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JSW Cement has set the price range for its upcoming initial public offering(IPO) at US$1.58 to US$1.67 per share, aiming to raise approximately US$409 million. As reported in the news, around US$91 million from the proceeds will be directed towards partially financing a new integrated cement plant in Nagaur, Rajasthan. Additionally, the company plans to utilise US$59.2 million to repay or prepay existing debts. The remaining capital will be allocated for general corporate purposes.

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Concrete

Cement industry to gain from new infrastructure spending

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

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