| As UltraTech holds 40 per cent stake in country's total cement exports, the company is now aiming at hiking its export by at least 20 per cent by end of this fiscal year with focus on the Middle East market. |
| "Against our existing capacity of 31 MMTPA of cement including all the plants operating under Aditya Birla Group, we have decided to add another 2.5 MMTPA of capacity by debottlenecking in three plants including the Pipavav plant of UCL in Gujarat, Awarpur plant in Maharashtra and the Tadipatri plant in Andhra Pradesh. |
| "We have already earmarked a capex of Rs 200 crore for hiking plant efficiencies and upgradation of plants that at present run under the banner of UCL. |
| This debottlenecking process would take maximum two years and would be done during shut down period of the plants," said O P Puranmalka, executive president of Aditya Birla Group and chief marketing officer of UCL. |
| The Group also has grinding units at Durgapur in West Bengal, Jharsaguda in Orissa, Magdalla near Surat, Ratnagiri and Aarkonam. The packing terminals are located at Mangalore, Mumbai and Colombo. |
| Puranmalka said that UCL expects to report 5 MMTPA of exports by end of March, 2005. "We are focusing n the Middle-East countries. We are also earning good export revenue from Spain, Sri Lanka and Bangladesh and are working on expanding our export network in new countries." |
| However, Puranmalka has denied any immediate plans to set up a manufacturing plant overseas. |
| On July 6, Larsen & Toubro and Grasim announced that the implementation process of the demerger of the cement division of L&T was completed on the said day with Grasim acquiring majority stake in UltraTech CemCo, the demerged cement business of L&T. |
| UltraTech is now a part of the Aditya Birla Group. The Group has now 11 composite plants, seven split grinding plants, four bulk terminals and eight ready mix concrete plants. |
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