Dalmia

India's maiden critical mineral auctions: Who are the participants?

Among the five players who have won the bids, only Dalmia Bharat Refractories is affiliated with a major business group

Dalmia Polypro to raise $30 mn from US' DFC to build facility in Maha

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

Expects profitability to improve as operating cost normalise: Dalmia Bharat

Cement maker Dalmia Bharat Ltd has said it expects the company's profitability to gradually improve as commodity inflation cools down. Dalmia Bharat will also establish presence in the markets of western, mid and northern regions, emerging as a pan-India pure-play cement company, the company said in its annual report. The company's profitability will gradually improve as the prices of crude and coal have corrected from their peak, resulting in normalisation in the operational costs, it added. Dalmia Bharat is embracing strategies that will enable it to capitalise on the large opportunity and help double its market share over the next decade, it said "We are more than doubling our capacity to 75 MTPA by 2027. Through this expansion, we aim to achieve a balance in our exposure mix to the different markets of India, which is currently tilted towards the east and the south," said Dalmia Bharat while sharing its outlook. The company presently operates 14 plants in 10 states having a to

Dalmia Bharat Sugar doubles profit on higher sales in March quarter

Sugar production, however, slowed, hurt by lower output from the western state of Maharashtra, the country's top producer of the sweetener

UltraTech to ACC, cement stocks strengthen on price hikes of Rs 5-15/bag

Cement demand remains firm amid a pick-up in construction and infra activities

Jaiprakash to sell cement, power units to Dalmia Group for Rs 5,666 cr

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

Dalmia Nisus Finance invests about Rs 80 cr in 2 realty projects

Dalmia Nisus Finance Investment Managers LLP, an alternatives manager, has invested this amount from its Real Estate Credit Opportunities Fund - I

Dalmia Healthcare starts clinical trial with its ayurvedic composition to treat COVID-19

Dalmia Healthcare starts clinical trial with its ayurvedic composition to treat COVID-19

GuarantCo moves NCLT to declare Dalmia Bharat arm insolvent after default

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

Dalmia group eyes diagnostics foray

Sanjay Dalmia-led Dalmia Biz is set to enter the diagnostics sector. It plans to partner with 50,000 labs and go pan-India in the next two years, Sanjay Dalmia, chairman, told Business Standard."I don't have the patience to wait for ten years. I want this business to go pan India in the next two years or so," said Dalmia.Dalmia Biz plans to list in the stock exchange in the next three years. The company wants to bring small diagnostic centres under the Dalmia banner without owning the facilities.