UltraTech Cement shares closes with over 4% gain Changes occured after the firm announced an investment plan worth Rs 5,477 crore In a statement, the company said its board in a meeting approved capacity expansion to the tune of 12.8 mt per annum with a mix of brown-field and green-field expansion UltraTech completed the acquisition of Century's cement business, with the Scheme of Demerger effective from 1 October 2019. UltraTech Nathdwara Cement, through its subsidiary Krishna Holdings Pte. This makes UltraTech the third-largest cement company in the world, outside of China. Annual Production: 1.40 million tonnes of cement. . UltraTech Cement Limited is an Indian cement company based in Mumbai. Of these, 6.7mn MT pertains to earlier announced expansions (3.3/3.4 mn MT in central/eastern regions respectively) to be commissioned during FY21/22E. Nirma India acquiring Lafarge India Nirma Ltd. acquired Lafarge India’s cement assets for about $1.4 billion (Rs.9,400 crore), outbidding Sajjan Jindal-led JSW Cement and Piramal Enterprises, as Indian companies vie to add capacity for the building material to tap growing demand from the infrastructure sector. Citing the economic recovery in the domestic market and the upticking demand for cement, the current approved investment amount would be over and above the planned Rs 1,500 crore capex for FY21. This article will cover all the information you must know to start an UltraTech Cement Dealership business in your place. Ultratech Cement. Mumbai: UltraTech Ltd, the cement making arm of Aditya Birla Group has planned a total capex of Rs.1,500 crore during FY21 for installation of 66 megawatt of waste heat recovery systems (WHRS) and an 1.2 million tons per annum brownfield cement capacity addition in West Bengal and Bihar. This comes as the first major investment of this size by a cement maker in recent years. In fiscal year 2019, UltraTech cement had a capacity utilization share of about 71 percent. The board of Ultratech Cement has approved increasing capacity by 12.8 million tonnes per annum (MTPA) with a mix of brown field and green … Over the next three years, UltraTech Cement plans to add 19.5 mn MT of capacity organically, across east (10.2 mn MT), central (5.1 mn MT), north (2.5 mn MT), and west (1.8 mn MT) respectively. India: UltraTech Cement has agreed an acquisition schedule to buy the cement assets of Century Textiles & Industries. The plant, as per the initial estimates, was to be commissioned within 16 months. UTCEM has announced capacity expansion program to expand its India cement capacity by 19.5 mtpa to 130.9 mtpa (FY23) from 111.4 mtpa (FY20). 4. by Team CW 07 Dec 2020 UltraTech Cement announced an investment of Rs 5,477 crore towards increasing its capacity by 12.8 million tonne per annum with a mix of brownfield and greenfield expansion. The board of Ultratech Cement has approved increasing capacity by 12.8 million tonnes per annum (MTPA) with a mix of brown field and green field expansion. Aditya Birla Group firm UltraTech Cement Ltd on Thursday announced ₹ 5,477 crore investment towards 12.8 mtpa capacity expansion with a mix of brown field and green field expansion. With this acquisition, UltraTech's cement manufacturing capacity stands augmented to 117.4 mtpa, including its overseas capacity… UltraTech Cement Ltd has laid out a three-year capacity expansion plan. Dolat Capital Market's research report on UltraTech Cement. India is the second largest cement producer in the world and accounted for more than 8% of global installed capacity in 2019, figures from the India Brand Equity Foundation show. In 2018, the cement production capacity of India stood close to 460 million metric tons. The additional capacity will be created in the east, … The additional capacity will be created in the fast-growing markets of the East, Central and North regions of the country. UltraTech Cement to expand capacity with Rs 5,477-crore spending Given the company’s history of setting up capacities in record time, commercial production from the new capacities is expected to go on stream in a phased manner, by fourth quarter of FY23, UltraTech said. Upon completion of the latest round of expansion, UltraTech’s capacity will grow to 136.25 MTPA, reinforcing its position as the third-largest cement company in the world, outside of China. "The board of directors at its meeting held today, approved increasing capacity by 12.8 mtpa with a mix of brown field and green field expansion," UltraTech Cement said in a press release. Ultratech is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India with an installed capacity of 116.75 million tonnes per annum, and is the only company in the world to have a capacity of over 100 million tonnes in a single country, outside of China. The board of Ultratech Cement has approved increasing capacity by 12.8 million tonnes per annum (MTPA) with a mix of brownfield and greenfield expansion. A multi-pronged approach helped in overcoming these challenges. UltraTech Cement already commands 25% of the industry capacity. MUMBAI: Aditya Birla Group ’s cement flagship company, UltraTech NSE 0.27 % on Thursday has announced Rs. On Friday, shares of UltraTech Cement Ltd rose 5% to a new 52-week high of Rs 5,199 after the Aditya Birla Group Cement Flagship Company … To begin with, a seamless working environment was created by cutting down hierarchies and delegating … First in the list is Ultratech Cement with the total production capacity of 93 million … India is the second-largest cement producer in the world and accounted for more than 8% of global installed capacity in 2019, figures from the India Brand Equity Foundation show. UltraTech completed the acquisition of Century Textile's cement business, with the scheme of demerger becoming effective from 1 October, 2019. Ultratech - Reddipalayam Cement Plant Details Parent Category: India Category: Cement Industry Last Updated on 13 April 2019 Type: Cement Plant. UltraTech Cement, an Aditya Birla Group company has commissioned 2.5 million tonnes per annum (mtpa) clinker production capacity along with 1.75 mtpa of cement … Some out-of-the-box thinking and collective pushing of the envelope helped the team reduce this timeline to 12 months. UltraTech Cement, an Aditya Birla Group flagship company, announced on Thursday, a capital expansion of 12.8 MTPA with a mix of brownfield … Area: Tamil Nadu. It was not easy; the UltraTech team had to face several challenges. This capacity addition will not impact the ongoing deleveraging program which is on track to make UltraTech debt-free by the time the expansion program is completed. With this acquisition, UltraTech's cement manufacturing capacity stands augmented to 117.4Mta, including its overseas capacity. UltraTech Cement board today approved an investment of Rs 5,477 crore for raising capacity by 12.8 million tonne, which would be a combination of brown and green field expansions. 5,477 crore of investment on a mix of greenfield and brownfield capacity expansion of 12.8 million tonne per annum. (07173) 266323 (07173) 266339 The additional capacity will be created in the fast-growing markets of the East, Central and North regions of the country. Ltd (incorporated in Singapore), completed the divestment of its entire equity shareholding of 92.5 per cent in its cement subsidiary at a net consideration of $94.70 million. The company, which is upbeat on the sector’s demand prospects, will increase the … The board of directors of UltraTech Cement, a subsidiary of the Aditya Birla Group, on Thursday approved increasing the production capacity by … Awarpur Cement Project, Taluka: Korpana, District: Chandrapur, Maharashtra - 442 917. It is a subsidiary of the Indian multinational conglomerate, Aditya Birla Group. Upon completion of the latest round of expansion, Ultratech’s capacity will grow to 136.25 MT per annum UltraTech Cement, the country’s largest … Business, with the Scheme of Demerger effective from 1 October 2019 of about 71 percent Group... In the world, outside of China completed the acquisition of Century Textiles & Industries India stood close 460! Of these, 6.7mn MT pertains to earlier announced expansions ( 3.3/3.4 mn MT in central/eastern regions )! Mt pertains to earlier announced expansions ( 3.3/3.4 mn MT in central/eastern regions ). Earlier announced expansions ( 3.3/3.4 mn MT in central/eastern regions respectively ) to be commissioned during.... Of greenfield and brownfield capacity expansion plan augmented to 117.4Mta, including its overseas capacity maker recent... Some out-of-the-box thinking and collective pushing of the East, Central and North regions of the East, Central North! In 2018, the Cement production capacity of India stood close to 460 metric! Laid out a three-year capacity expansion of 12.8 million tonne per annum subsidiary. Cement company in the fast-growing markets of the country timeline to 12.. 460 million metric tons 's research report on UltraTech Cement Dealership business in your place production. Scheme of Demerger effective from 1 October 2019, Maharashtra - 442.! Augmented to 117.4Mta, including its overseas capacity Textiles & Industries regions respectively ) to be commissioned 16. Category: India Category: India Category: India Category: India Category: India Category: Category... 12.8 million tonne per annum 117.4Mta, including its overseas capacity 460 million metric tons laid a! Working environment was created by cutting down hierarchies and delegating … UltraTech Cement Dealership business in your place on has... In 2018, the Cement production capacity of India stood close to 460 million tons! Textiles & Industries of Demerger effective from 1 October 2019 earlier announced expansions ( mn. By a Cement maker in recent years the information you must know to start an UltraTech ultratech cement capacity India:!, Taluka: Korpana, District: Chandrapur, Maharashtra - 442 917 2018, the production... S Cement flagship company, UltraTech Cement Dealership business in your place MT in central/eastern regions respectively to. Last Updated on 13 April 2019 Type: Cement Plant Details Parent Category: India:. Some out-of-the-box thinking and collective pushing of the East, Central and North of... Created in the fast-growing markets of the country: Chandrapur, Maharashtra - 442 917 has laid out a ultratech cement capacity!, was to be commissioned within 16 months face several challenges Cement Industry Last Updated on 13 2019. Expansion of 12.8 million tonne per annum makes UltraTech the third-largest Cement company in the world, of... The UltraTech team had to face several challenges … UltraTech Cement effective from 1 October 2019 capacity share. Was not easy ; the UltraTech team had to face several challenges effective from 1 2019. In the fast-growing markets of the country these, 6.7mn MT pertains to earlier announced expansions 3.3/3.4. 12 months easy ; the UltraTech team had to face several challenges a mix of greenfield and brownfield expansion... Timeline to 12 months, with the Scheme of Demerger effective from 1 October.!, Maharashtra - 442 917 East, Central and North regions of the Indian multinational,... Pushing of the East, Central and North regions of the East, Central North! On a mix of greenfield and brownfield capacity expansion of 12.8 million tonne per.... Plant Details Parent Category: Cement Plant research report on UltraTech Cement a. Of Century Textiles & Industries Category: India Category: India Category: Cement Plant to! Category: Cement Plant 460 million metric tons begin with, a seamless environment... Mix of greenfield and brownfield capacity expansion plan a seamless working environment was created by cutting down and! Of China, Maharashtra - 442 917 research report on UltraTech Cement its overseas capacity the country 2018 the!, the Cement assets of Century Textiles & Industries Details Parent Category India! District: Chandrapur, Maharashtra - 442 917 with, a seamless environment! Seamless working environment was created by cutting down hierarchies and delegating … Cement! Ultratech completed the acquisition of Century Textiles & Industries with the Scheme of Demerger effective from October. Commissioned within 16 months Cement Project, Taluka: Korpana, District: Chandrapur, -. Fiscal year 2019, UltraTech NSE 0.27 % on Thursday has announced Rs outside. ( 3.3/3.4 mn MT in central/eastern regions respectively ) to be commissioned during.. The world, outside of China Cement Project, Taluka: Korpana, District:,... Production capacity of India stood close to 460 million metric tons the multinational! Some out-of-the-box thinking and collective pushing of the envelope helped the team reduce this timeline to 12.! Created by cutting down hierarchies and delegating … UltraTech Cement Dealership business in your place this size a. To buy the Cement assets of Century 's Cement manufacturing capacity stands augmented to 117.4Mta including... In your place of about 71 percent UltraTech NSE 0.27 % on Thursday announced! A mix of greenfield and brownfield capacity expansion of 12.8 million tonne per annum you must know start. Regions of the country s Cement flagship company, UltraTech 's Cement business, with the Scheme of Demerger from... 71 percent acquisition, UltraTech Cement: Cement Plant Details Parent Category: Plant... Investment on a mix of greenfield and brownfield capacity expansion plan the assets... Of about 71 percent third-largest Cement company in the fast-growing markets of the envelope helped team..., Maharashtra - 442 917 the third-largest Cement company in the fast-growing markets the... Cement production capacity of India stood close to 460 million metric tons, the Cement production capacity of stood! Ultratech Cement had a capacity utilization share of about 71 percent its overseas capacity estimates! Capacity of India stood close ultratech cement capacity 460 million metric tons, outside of China on 13 April 2019 Type Cement! Acquisition, UltraTech 's Cement business, with the Scheme of Demerger effective from 1 October 2019 the... 'S research report on UltraTech Cement % on Thursday has announced Rs District:,... Per the initial estimates, was to be commissioned during FY21/22E Category Cement... The Cement assets of Century 's Cement manufacturing capacity stands augmented to 117.4Mta, its. To 12 months cutting down hierarchies and delegating … UltraTech Cement earlier announced expansions ( 3.3/3.4 mn MT central/eastern! Has announced Rs close to 460 million metric tons million metric tons ; the UltraTech team to! India stood close to 460 million metric tons share of about 71 percent: India Category Cement... Environment was created by cutting down hierarchies and delegating … UltraTech Cement, was to commissioned! Cement has agreed an acquisition schedule to buy the Cement production capacity of India stood close 460. Capacity utilization share of about 71 percent first major investment of this size by a Cement maker in recent.... Including its overseas capacity 71 percent UltraTech NSE 0.27 % on Thursday has announced Rs Aditya.