Concrete

Tata Steel’s Kalinganagar Expansion Set to Boost Odisha’s Investment Appeal

The company has invested Rs 270 billion in this phase of the expansion.

Published

9 months ago

September 19, 2024

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Tata Steel announced that Odisha is set to become the company’s largest investment destination following the phase-II expansion of its Kalinganagar plant. This expansion will increase the plant’s capacity from 3 million tonnes per annum to 8 million tonnes per annum. The company has invested Rs 270 billion in this phase of the expansion and is nearing the commissioning of the new capacity at the unit, according to a press release.

The ongoing expansion at Kalinganagar is expected to significantly contribute to Tata Steel’s goal of reaching a 40 million tonnes per annum capacity in India by 2030. The company indicated that the phase-II expansion of its Kalinganagar plant in Jajpur district will also elevate Odisha to a prominent position as the largest investment destination for Tata Steel, which is the country’s oldest steel maker.

Together with the Tata Steel Meramandali plant (formerly Bhushan Steel) in Dhenkanal district, the company’s total investment in Odisha exceeds Rs 1 trillion. As Tata Steel approaches the commissioning of its expanded Kalinganagar plant, which will have a capacity of 8 million tonnes per annum, the company also sees potential to further increase this capacity to 16 million tonnes per annum in the future. This will further enhance Odisha’s role in Tata Steel’s growth journey, the release noted.

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Star Cement launches ‘Star Smart Building Solutions’

Published

4 days ago

June 17, 2025

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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/

Concrete

Nuvoco Vistas reports record quarterly EBITDA

Published

4 days ago

June 17, 2025

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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

Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

Published

4 days ago

June 17, 2025

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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.