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Ajay Kapur honored as top visionary CEO

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The list features 23 notable CEOs, including Kapur

ACC and Ambuja Cements, the cement and building material companies of Adani Cement and part of Adani Group, are delighted to announce that Ajay Kapur, CEO, Adani Cement, ACC and Ambuja Cements has been recognised as one of the Top Visionary CEOs by the HR Association of India (HRAI).

HRAI announced the list of Visionary CEOs as part of the 23 of 2023 initiative aimed at recognising leaders who have demonstrated exceptional leadership, strategic vision, and business acumen in their respective organisations.

The list features 23 notable CEOs, including Kapur, who has been featured for his outstanding contributions to his organisation and the cement sector. His leadership has been instrumental in driving growth and innovation for the cement business.

Kapur said, “I am truly humbled and honoured to be recognised amongst the Top Visionary CEOs by the HR Association of India. This recognition is a testament to the hard work and dedication of the entire team at Adani Cement. I strongly believe that exceptional leadership is all about inspiring and empowering people, and this recognition further inspires me to continue leading our team with a clear vision and unwavering commitment to our goals. I dedicate this award to my team who have played an instrumental role in our success.” The recognition from the HR Association of India is a testament to Kapur’s outstanding contributions to the industry. He has not only demonstrated exceptional leadership but has also inspired others in his field. His vision, dedication, and unwavering commitment to excellence have made him a role model for many in the industry.

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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