UltraTech Cement Limited is an Indian cement company based in

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the secon ...

, and a part of

Aditya Birla Group Aditya Birla Group is an Indian multinational conglomerate, headquartered in Mumbai. It operates in 100 countries with more than 1,40,000 employees directly and indirectly. The group was founded by Seth Shiv Narayan Birla in 1857. The group has ...

. UltraTech is the largest manufacturer of grey cement,

ready-mix concrete Ready-mix concrete (RMC) is concrete that is manufactured in a batch plant, according to each specific job requirement, then delivered to the job site "ready to use". There are two types with the first being the barrel truck or in–trans ...

(RMC) and white cement in India with an installed capacity of 116.75 million tonnes per annum. It is the only company in the world to have a capacity of over 100 million tonnes in a single country, outside of China.

History

In February 2016,

Bombay High Court The High Court of Bombay is the high court of the states of Maharashtra and Goa in India, and the union territory of Dadra and Nagar Haveli and Daman and Diu. It is seated primarily at Mumbai (formerly known as Bombay), and is one of the ...

rejected UltraTech's plan to acquire two cement plants from Jaiprakash Associates. In 2015 the court passed the Mines and Mineral Development and Regulation Act after which the company began to make plans to acquire several cement plants as a whole by acquiring Jaiprakash Associates.

Operations

UltraTech Cement has 23 integrated plants, 1 clinkerisation plant, 26 grinding units and 7 bulk terminals. Its operations span across India, UAE, Bahrain and Sri Lanka. In the white cement segment, UltraTech goes to market under the brand name of Birla White. It has a white cement plant with a capacity of 0.68 MTPA and 2 WallCare putty plants with a combined capacity of 0.85 MTPA. With 100+ Ready Mix Concrete (RMC) plants in 39 cities, UltraTech is the largest manufacturer of concrete in India.

Mergers and acquisitions

2013 - Acquired

Jaypee Group Jaiprakash Associates Limited, commonly known as Jaypee Group, is an Indian conglomerate company based in Noida, Uttar Pradesh, India. It has business interests in engineering, construction, power, cement, real estate, hospitality, IT, spor ...

's Gujarat cement unit for 3,800 cr. 2017 - Acquired Jaiprakash Associates's six integrated cement plants for 16,189 cr. 2018 - Entered into a scheme of arrangement with Century Textile and Industries to demerge Century's cement business into ultratech. Nov 2018 - Acquired Binani Cement for 7,266 cr.

References

External links

* {{BSE Sensex Cement companies of India Manufacturing companies based in Mumbai Manufacturing companies established in 1983 Aditya Birla Group NIFTY 50 Indian brands BSE SENSEX 1983 establishments in Maharashtra Indian companies established in 1983 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange