UltraTech Cement Limited Updates

Aditya Birla Group company, UltraTech Cement (UTCL) has commissioned 0.8 MTPA of brownfield expansion at Neem Ka Thana in Rajasthan.

UTCL has a grey cement capacity of 17.05 MTPA in Rajasthan and its total grey cement manufacturing capacity in India stands at 129.95 MTPA.

In February this year, the company had commissioned 1.30 MTPA brownfield cement capacity at Hirmi in Chhattisgarh and 2.80 MTPA greenfield grinding capacity at Cuttack in Odisha.

As of now, UltraTech Cement has 22 integrated manufacturing units, 27 grinding units, one clinkerisation unit, and 8 bulk packaging terminals. It has a network of over one lakh channel partners across the country and has a market reach of about 80%.

Orient Cement's Rs 1,600 Cr. Plan To Expand Cement Capacity In Karnataka

 

Orient Cement is planning to expand its operations in the Karnataka region with a brownfield investment of Rs 1,600 crore. The expansion project is expected to commence in the next six to seven months and take approximately 18 months to complete before capacity can be increased. This strategic move will allow the company to meet the surging demand for cement in the southern region of India while improving its operational efficiency. Moreover, this brownfield expansion project will not only increase the production capacity of Orient Cement but also enable it to cater to the growing market demand. The company has a strong reputation as a dependable and innovative player in the cement industry, and this expansion is aligned with its growth strategy, which will further consolidate its position in the market.

In the Q4 of FY23, the company reported robust growth in both revenue from operations and volumes. Additionally, EBITDA per tonne improved sequentially, indicating a positive trend for the company.