Gypsum industry news
India: UltraTech Cement has transported a shipment of 57,000t of phosphogypsum by coastal and inland waterways to its Gujarat plant at Kovaya in Amreli district. The subsidiary of Aditya Birla Group says this is the first operation of its kind in the country, according to Orissa Diary.
K C Jhanwar, the managing director of UltraTech Cement, said "The cement industry plays a pivotal role in driving the circular economy in India through the use of industrial and municipal waste in cement manufacturing. This industry-first initiative of UltraTech Cement in using inland and coastal waterways for transport of phosphogypsum will help to further strengthen the role of the cement sector in driving the circular economy in India."
The cement company sourced the phosphogypsum from the Indian Farmers Fertiliser Cooperative and Paradeep Phosphates. Legacy stock of the by-product from fertiliser plants in the country are estimated to be about 70Mt.
India's UltraTech acquires 51% stake in Oman's Awam Minerals
04 November 2014India/Oman: UltraTech Cement Middle East Investments, a wholly owned subsidiary of India's UltraTech Cement, has acquired a majority stake (51%) in Omani gypsum mining firm Awam Minerals LLC.
Awam Minerals has a license to mine substantial gypsum deposits in the south of Oman. It's gypsum mining license will serve as a captive mine for the network of cement plants owned by UltraTech Cement in India, two grinding units and a cement plant in the UAE, as well as a grinding unit in Bahrain through its Middle East subsidiary.
India: Engineering firm Pennar Industries Ltd has announced that its subsidiaries, Pennar Engineered Building Systems (PEBS Pennar) and Pennar Enviro Ltd (PEL), have received US$17.5m of orders, including a gypsum storage unit for UltaTech Cement in Gujarat State.
"Pennar is pleased to announce receipt of orders worth US$17.5m from prestigious customers," said Pennar's vice chairman and managing director Aditya Rao. "All business units are focused on gaining market share and maintaining operating margins. We believe that as the macro-economic conditions improve, our positioning will ensure that we benefit in revenue and even gain market share."