Connect with us

Concrete

Ambuja to join alliance for Industry Decarbonisation

Ambuja is the first cement manufacturer in the world to become a part of AFID.

Published

on

Shares

Adani Group’s Ambuja Cements announced that it had joined the Alliance for Industry Decarbonisation (AFID), a global collective aimed at accelerating the Net Zero transition in line with the Paris Agreement. According to the statement, Ambuja is the first cement manufacturer globally to join AFID, a platform for exchanging insights and experiences among stakeholders in energy-intensive industries. The company revealed its goal of achieving Net Zero by 2050, with targets validated by the Science Based Targets initiative (SBTi).

Ambuja has also committed to investing Rs 100 billion in renewable energy projects, which include 1GW capacity in green energy and 376 MW from Waste Heat Recovery Systems (WHRS), with the aim of powering 60% of its expanded capacity using green energy by FY2028. This initiative, the company believes, will significantly reduce its carbon footprint while offering substantial economic benefits.

In FY24, Ambuja Cements used over 8.6 million tonnes of waste-derived resources and became 11 times water-positive and 8 times plastic-negative. Karan Adani, Non-Executive Director of Ambuja Cements, noted that joining the AFID is a crucial step in the company’s sustainability efforts. He highlighted that Ambuja is already one of the world’s lowest emission-intensity cement producers and that being part of AFID would allow the company to both share and benefit from global industry insights on decarbonisation.

The AFID, coordinated by the International Renewable Energy Agency (IRENA), seeks to foster dialogue and increase cooperation across industries to develop robust decarbonisation strategies aligned with national commitments.

Concrete

UltraTech Cement boosts capacity with new clinker line

Published

on

By

Shares

UltraTech Cement has commissioned a 3.35 million tonnes per annum (Mt/yr) brownfield clinker line and one of two 2.7Mt/yr cement grinding mills at its Maihar facility in Madhya Pradesh. The second mill is expected to be operational in Q1 of FY2026. The company has also expanded its Dhule (1.2Mt/yr) and Durgapur (0.6Mt/yr) grinding units and inaugurated its first bulk terminal in Lucknow with a 1.8Mt/yr handling capacity.

Continue Reading

Concrete

Ambuja Cements gets a new CEO

Published

on

By

Shares

Ambuja Cements has named Vinod Bahety as its CEO for a three-year term, following Ajay Kapur’s elevation to Managing Director. Bahety, formerly the company’s CFO, brings over 25 years of experience in finance and manufacturing, including a previous role as Group Head of M&A at Adani Group. Other key appointments include Rakesh Tiwary as CFO, Madhavi Isanaka as Chief Digital Officer, Vaibhav Dixit as Manufacturing Head, and Ashwin Raikundaliya as Chief Sustainability Officer.

Image source:www.exchange4media.com

 

Continue Reading

Concrete

‘Sabse Khaas Pehelwan’ by Nuvoco

Published

on

By

Shares

Nuvoco Vistas Corp has introduced Nuvoco Duraguard Cement ‘Sabse Khaas Pehelwan’, a one-of-a-kind wrestling championship aimed at honouring and nurturing Haryana’s proud wrestling legacy. The initiative offers budding wrestlers an opportunity to compete at a professional level, gain visibility and represent their districts in a prestigious state-wide competition. ‘Seedhi Baat Hai, Duraguard Khaas Hai’ is aligned with Nuvoco’s brand philosophy.

Continue Reading

Trending News

SUBSCRIBE TO THE NEWSLETTER

 

Don't miss out on valuable insights and opportunities to connect with like minded professionals.

 


    This will close in 0 seconds