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Vilas Palresha, V T Palresha & Co Pvt Ltd

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VILAS PALRESHA, V T Palresha & Co Pvt Ltd, has been a dealer for the past 25 years, stocking cements of various companies – ACC, Vasavadatta, Birla Super, Birla Shakti, Orient, Ultratech, J K, CCI, My Cement etc. Birla Super and Ultratech are the largest selling brands of the company, because of their strong retail network built over a period of time. The volatility in price leads to excess stocking by retailer and less consumption by end-user, explained Palresha. He expects a better service and technical support with consistent pricing policy from the manufacturers. In the coming budget, Palresha wants the government to reduce excise duty, which will in turn lower prices, thereby giving a boost to the housing sector. The monthly sales of the company is 25,000 mt. To improve sales, Palresha suggested that there should be better sales promotion activities like wall painting, hoarding, sales meeting, visiting sales personnel, etc. OPC cement sells more but slowly the sales of blended cement is also increasing, informs Palresha. The increase in prices of diesel/petrol dents the company’s profitability. Palresha said that if the quality of packaging has improved, it would stop cement pilferage during transportation, but the packing can be made more attractive and informative. The company supplies cement to PMC/PCMC and Pune district. Palresha suggested that local authority should device some mechanism to cut down the waiting period of vehicle at octroi post, such as the octroi may be deposited in advance through a prepaid system. The company has tie-up with many banks and they pay 12-14 per cent interest. Vilas Palresha is the past president of Pune Cement Dealers Association.

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Concrete

CCU testbeds in Tamil Nadu

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Tamil Nadu is set to host one of India’s five national carbon capture and utilisation (CCU) testbeds, aimed at reducing CO2 emissions in the cement industry as part of the country’s 2070 net-zero goal, as per a news report. The facility will be based at UltraTech Cement’s Reddipalayam plant in Ariyalur, supported by IIT Madras and BITS Pilani. Backed by the Department of Science and Technology (DST), the project will pilot an oxygen-enriched kiln capable of capturing up to two tonnes of CO2 per day for conversion into concrete products. Additional testbeds are planned in Rajasthan, Odisha, and Andhra Pradesh, involving companies like JK Cement and Dalmia Cement. Union Minister Jitendra Singh confirmed that funding approvals are underway, with full implementation expected in 2025.

Image source:https://www.heavyequipmentguide.ca/

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Concrete

JSW Cement gears up for IPO

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JSW Cement has set the price range for its upcoming initial public offering(IPO) at US$1.58 to US$1.67 per share, aiming to raise approximately US$409 million. As reported in the news, around US$91 million from the proceeds will be directed towards partially financing a new integrated cement plant in Nagaur, Rajasthan. Additionally, the company plans to utilise US$59.2 million to repay or prepay existing debts. The remaining capital will be allocated for general corporate purposes.

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Concrete

Cement industry to gain from new infrastructure spending

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

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