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Dalmia Cement to infuse Rs 200-300 cr in Belagavi plant in 2 years

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Dalmia Cement to invest in Belagavi plant to boost cement production

Dalmia Cement Bharat Limited told the media that it would invest Rs 200-300 crore in its Belagavi plant over the next two years in a bid to increase cement production.The action will create about 1000 jobs and support Dalmia Cement in promoting its national production capacity to 48.5 million tonnes (mt) by 2024 and then to 100 mt by 2031, from 36.9 mt presently.Dalmia will also spend some of the promised amounts to establish a solar power capacity of about 9 megawatts.In 2015, Dalmia Bharat had forayed into Karnataka via its Rs 1,500 crore greenfield facility. It has already generated nearly 3,000 direct and indirect jobs across Karnataka.Dalmia Cement Ltd is one of pioneering homegrown cement companies of India. Headquartered in New Delhi, the firm functions as Dalmia Cement (Bharat) Ltd, which is a 100% subsidiary of Dalmia Bharat Ltd, and is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).Dalmia Cement operates a manufacturing capacity of 35.9 million tonnes per annum (mtpa) across 14 cement plants and grinding units, which are spread over 10 states.

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Also read: Dalmia Cement increases solar power plant capacity to 17.1 MW

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.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

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