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    UltraTech recently commissioned its fifteenth grinding unit having a 1.6 MTPA cement capacity at Pataliputra, in the state of Bihar. It will cater to the markets of eastern India where cement demand growth has remained higher than industry average during the last 2-3 years and continues to record double digit growth.

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    The company had inherited the Chinese unit and a few other global assets after its acquisition of debt-laden Binani Cement Ltd in 2018. Binani Cement had been undergoing insolvency proceedings since July 2017. In February 2018, UltraTech and a consortium of Dalmia Bharat and Bain-Piramal’s India Resurgence Fund had separately bid for the company.

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    The company had inherited the Chinese unit and a few other global assets after its acquisition of debt-laden Binani Cement Ltd in 2018. Binani Cement had been undergoing insolvency proceedings since July 2017. In February 2018, UltraTech and a consortium of Dalmia Bharat and Bain-Piramal’s India Resurgence Fund had separately bid for the company.

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  • UltraTech Cement commissions Phase I of Bara grinding

    UltraTech Cement has announced that the Phase I commissioning of its 2Mta grinding unit in Bara, Uttar Pradesh, India. Once fully commissioned, the total capacity of this unit will be 4 Mta.