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ULTRACEMCO

UltraTech Cement Ltd

Industry: Cement

MarketCap: .... Rank : ...

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About UltraTech Cement Ltd

Overview

UltraTech Cement Ltd is the largest cement manufacturer in India and the third largest in the world. The company has a consolidated capacity of 132.35 million tonnes per annum (MTPA) of grey cement, making it the largest cement producer in India. UltraTech Cement also has a significant presence in the ready-mix concrete (RMC) market, with a capacity of 11.8 MTPA.

History

UltraTech Cement was founded in 1983 as a joint venture between the Aditya Birla Group and the Swiss cement company Holderbank. The company was initially known as ACC Limited, but it was renamed UltraTech Cement in 2005. UltraTech Cement has grown rapidly over the years, and it has acquired a number of other cement companies, including Jaypee Cement, Century Textiles, and Binani Cement.

How the company operates

UltraTech Cement operates a network of 23 cement plants, 130 RMC plants, and 27 grinding facilities in India. The company also has a presence in the UAE, Bahrain, and Sri Lanka. UltraTech Cement's products are sold under the UltraTech, ACC, and Binani brands.

The future

UltraTech Cement is well-positioned for future growth. The company has a strong portfolio of assets in India, and it is also expanding its international presence. UltraTech Cement is also investing in new technologies, such as ultra-low-heat cement and blended cements.

Conclusion

UltraTech Cement is a leading player in the global cement industry. The company has a strong track record of growth, and it is well-positioned for future success.

Official website

UltraTech Cement: https://www.ultratechcement.com/

Milestones

  • 1983: ACC Limited is founded as a joint venture between the Aditya Birla Group and the Swiss cement company Holderbank.
  • 1995: ACC Limited acquires Binani Cement.
  • 2004: ACC Limited acquires Century Textiles.
  • 2005: ACC Limited is renamed UltraTech Cement.
  • 2017: UltraTech Cement acquires the cement assets of Jaypee Group.
  • 2018: UltraTech Cement acquires the cement business of Century Textiles and Industries Ltd.
  • 2020: UltraTech Cement announces Rs. 5,477 crores investment towards a 12.8 million tonnes per annum (MTPA) capacity expansion.
  • 2021: UltraTech's cement manufacturing capacity in India increases to 112.55 MTPA and globally to 117.95 MTPA.
  • 2022: UltraTech has a consolidated capacity of 132.35 Million Tonnes Per Annum (MTPA) of grey cement.
  • Additional information and interesting facts

  • UltraTech Cement is the first Indian cement company to be listed on the Dow Jones Sustainability Index.
  • UltraTech Cement is the largest consumer of coal in India.
  • UltraTech Cement is the largest cement exporter from India.
  • UltraTech Cement is the only Indian cement company to have won the Deming Prize, which is considered to be the most prestigious quality award in the world.
  • Brands and companies

  • UltraTech
  • ACC
  • Binani
  • Jaypee
  • Holderbank
  • Holcim
  • Lafarge
  • Cemex
  • Heidelberg Cement
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    Company Details : 2 Weeks Ago StockToolX


    UltraTech Cement Ltd Fundamental Analysis

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