Dalmia Cements

Will be the first cement plant in the country to run entirely on renewable energy

Sales volumes for the quarter under review was at 6.8 million tonnes (mt), up 8.1 percent from a year ago

The US International Development Finance Corporation (DFC) on Wednesday committed USD 30 million to Dalmia Polypro Industries for building a plastic recycling facility in Maharashtra. Dalmia, which produces high-quality recycled materials from post-consumer plastic waste, will raise the money from external commercial borrowing (ECB) route to fund the new recycling facility in Nashik, DFC said in a statement. It said the new facility will support improvements in India's plastic waste value chain and expand the capacity to reduce plastic waste, DFC's regional managing director for South Asia, Ajay Rao, said. The statement said the facility will have a recycling capacity of 1,71,000 metric tonne per year, and help Dalmia Polypro develop food-grade recycled materials and applications. The facility will produce high quality recycled PET (rPET), PP (rPP) and HDPE (rHDPE) flakes and granules and will be partially powered by renewable energy and biofuel. An agreement for the facility was

Consolidated net profit rose to Rs 589 crore ($71.90 million) in the quarter ended March 31 from Rs 266 crore a year earlier

Price wars led by increasing capacities and aggressive competition may mar prospects

Deal will give buyer entry into high-growth markets of UP and MP, may turn the firm into a net debt company from almost debt free now

Indian CEOs are expecting a decline in growth prospects of companies and the country, but are expecting to bounce back in the short-term, a report said

Jaypee-owned firm undergoing bankruptcy process

Cement maker Dalmia Bharat on Friday reported an uptick in consolidated profit at Rs 640 crore for the fourth quarter ended March 31, 2021, on account of higher revenue from operations and tax credit

Rural demand will continue to outperform urban demand and companies having higher individual home builder exposure will remain better placed

In 2008, GuarantCo had guaranteed a loan availed by Calcom from Axis Bank and HDFC Bank

Promoters currently hold 64.79 per cent in the company, while foreign portfolio investors have an 11.88 per cent stake.

In recent years, cement companies like Birla Corporation have also taken a similar path - come up with a flagship brand as part of its plans to become a national player

Calcom Cement denies default, says financial creditor is using IBC only to put pressure

The CCI had earlier approved merger of cement manufacturers Lafarge and Holcim in country