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Ultratech Cement to set up two cement plants in Uttarakhand

12 Dec 2013 Evaluate

Ultratech Cement is planning to set up two cement plants in Uttarakhand, one at Tyuni in Dehradun district and another at Someshwar in Almora district. In this regard, the company will invest Rs 5000 crore in a phased manner. This is being considered as the biggest investment by any company in the hill state so far. 

Moreover, the company has been asked to complete all the environmental clearances for setting up the two cement plants in the environmentally-sensitive zones.

UltraTech manufactures and markets Ordinary Portland Cement, Portland Blast Furnace Slag Cement and Portland Pozzalana Cement. The company has 11 integrated plants, one white cement plant, one clinkerisation plant in UAE, 15 grinding units 11 in India, 2 in UAE, one in Bahrain and Bangladesh each and five terminals, four in India and one in Sri Lanka.

Peers
Company Name CMP
Ultratech Cement 11100.00
Ambuja Cements 384.75
ACC 1236.65
Shree Cement 22342.90
Dalmia Bharat 1698.10
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