UltraTech Cement (ULTRATECH), a subsidiary of Grasim, manufactures and markets portland cement and ready mix concrete. An Aditya Birla Group Company, it was incorporated on Aug. 24, 2000 and got its current name on Oct. 11, 2004.
The company manufactures ordinary portland cement, portland blast furnace slag cement, portland pozzolana cement. It has five integrated plants, five grinding units and three terminals in India and Sri Lanka with a total aggregated capacity of 17 million TPA. The company has earmarked over INR 26 billion for its various capex plans. Of this, around INR 11 billion will be spent in setting up captive power plants in Andhra Pradesh and Gujarat to be commissioned by FY08 and at Chattisgarh by the first quarter of FY09. This would meet around 80% of the company`s power requirements.
The Andhra Pradesh plant capacity is being augmented by 4 MTPA with a grinding unit in Karnataka at an expenditure of around INR 11 billion expected to be commissioned by March 2008. An ISO 9001, ISO 14001 and OHSAS 18001 certified company, Ultratech has ventured into ready mix concrete. It has begun setting up ready mix concrete plants at different locations across the country.
The company has also bagged several awards for its performance. The recent one includes the state and zonal level I prize for Overall Performance in Mines Safety for 2004-2005. Subsidiaries of the company include Dakshin Cements and UltraTech Ceylinco. The company is India`s largest exporter of cement clinker and has exported 3.46 million metric tons of cement and clinker in FY07 around Indian Ocean, Africa, Europe, and the Middle East. The registered office of the company is located at B Wing, Ahura Centre, 2nd Floor, Mahakali Caves Road, Andheri (E), Mumbai-400093.
The company manufactures ordinary portland cement, portland blast furnace slag cement, portland pozzolana cement. It has five integrated plants, five grinding units and three terminals in India and Sri Lanka with a total aggregated capacity of 17 million TPA. The company has earmarked over INR 26 billion for its various capex plans. Of this, around INR 11 billion will be spent in setting up captive power plants in Andhra Pradesh and Gujarat to be commissioned by FY08 and at Chattisgarh by the first quarter of FY09. This would meet around 80% of the company`s power requirements.
The Andhra Pradesh plant capacity is being augmented by 4 MTPA with a grinding unit in Karnataka at an expenditure of around INR 11 billion expected to be commissioned by March 2008. An ISO 9001, ISO 14001 and OHSAS 18001 certified company, Ultratech has ventured into ready mix concrete. It has begun setting up ready mix concrete plants at different locations across the country.
The company has also bagged several awards for its performance. The recent one includes the state and zonal level I prize for Overall Performance in Mines Safety for 2004-2005. Subsidiaries of the company include Dakshin Cements and UltraTech Ceylinco. The company is India`s largest exporter of cement clinker and has exported 3.46 million metric tons of cement and clinker in FY07 around Indian Ocean, Africa, Europe, and the Middle East. The registered office of the company is located at B Wing, Ahura Centre, 2nd Floor, Mahakali Caves Road, Andheri (E), Mumbai-400093.
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