A distressing incident occurred at the Budawada UltraTech Cement Factory in Jaggaiahpet Mandal of NTR District, where around 15 workers sustained injuries due to a hazardous spill of extremely hot material. According to Nandigama Assistant Commissioner of Police B. Ravi Kiran, the accident happened on Sunday around 11:30 AM when some of the material used […]
The board of directors of Kesoram Industries Limited (“KIL”) has sanctioned a Composite Scheme of Arrangement with UltraTech Cement Limited (“UltraTech”). This groundbreaking decision paves the way for the demerger of Kesoram Industries’s cement division into UltraTech, alongside a reduction and cancellation of Kesoram Industries’s preference share capital. Share Exchange Ratios and Value Unlocking As […]
UltraTech Cement Q2FY23 results : UltraTech Cement Limited, an Aditya Birla Group company, has reported a profit after tax (PAT) of INR 756 crores for the second quarter of the fiscal year 2023 (Q2FY23), a decrease of 42.4% compared to INR 1,314 crores for the same period of the previous fiscal year (Q2FY22). In the […]
UltraTech Cement Limited said that it has started mining coal from its Bicharpur coal mines in Madhya Pradesh, India. The Indian cement manufacturing company said that the coal drawn from the Bicharpur mines for its internal consumption. UltraTech Cement expects the development to cut down its dependence on coal purchases to some extent. The company […]
UltraTech Cement Limited has taken a pledge to cut its CO2 emissions by a further 25% by the end of this decade as part of its commitment to the GCCA 2050 Cement and Concrete Industry Roadmap for Net Zero Concrete. According to the company, the commitment to manufacture carbon neutral concrete by 2050 is a […]
UltraTech Cement Limited, an Indian cement manufacturer, has pledged to use renewables sources to meet 100% of the electricity requirements of its entire global operations by 2050. The cement flagship company of the Aditya Birla Group made its commitment to Climate Group’s RE100 initiative at Climate Week NYC 2021. In the past couple of years, […]
UltraTech Cement, a subsidiary of Indian conglomerate Aditya Birla Group, has announced an investment of INR 54.77 billion ($750 million) for expanding its cement production capacity by 12.8 million tons per annum (mtpa). The increased capacity will come through a combination of brown field and green field expansion. It includes the existing approval for the […]