cement maker

HeidelbergCement plans world’s first CO2 neutral cement plant in Sweden

by
HeidelbergCement plans world’s first CO2 neutral cement plant in Sweden

HeidelbergCement, the world’s second-largest cement maker, on Wednesday said it plans to turn its Swedish factory in Slite into the world’s first carbon-neutral cement plant by 2030. “We want to be the pioneer on the path to CO2 neutrality in our industry,” Chief Executive Dominik von Achten told Reuters. Following the planned retrofit, which will … Read more

UltraTech Cement Q4 results: PAT rises 61.5% YoY to Rs 1,778 cr, beats estimates; firm to pay Rs 37 dividend

by
UltraTech Cement Q4 results: PAT rises 61.5% YoY to Rs 1,778 cr, beats estimates; firm to pay Rs 37 dividend

MUMBAI: Cement Ltd today reported a 61.5 per cent year-on-year rise in net profit to Rs 1,778 crore, which was slightly higher than analysts’ estimates. The company’s topline soared 34.6 per cent on-year in the quarter to Rs 13,784 crore, reflecting the strong demand and pricing conditions for the industry. “UltraTech’s recovery from the Covid-19 … Read more