Concrete

Merger with Zuari Cement on cards

Published

4 years ago

March 5, 2021

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HeidelbergCement India is looking at all possibilities to merge Zuari Cement with itself, said the company?? top official. ??e were waiting for some amendments in the Minerals Act. If it adds value to it we will consider it and we are looking at all possibilities for the merger. It is definitely on the cards,??Jamshed Naval Cooper, MD & CEO of HeidelbergCement India said.

On the price increase, he said that the company had taken some price increases on cement in past week as the demand was stronger and will further raise price in the next week. He expects cement demand to improve going ahead in February. Speaking on the company?? expansion, Cooper said that the company continues to scout for inorganic growth.

??e got mining lease in September 2020 in Gujarat and now we are working on Ministry of Environment, Forest (MoEF) clearance, so there will be capex on that account. However, in the months to come, we are planning some sustainable capex to debottleneck our plant.??/p>

Concrete

Star Cement launches ‘Star Smart Building Solutions’

Published

6 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

6 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

6 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.