Economy & Market

Sharp increase in cement prices

Published

13 years ago

January 4, 2011

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After the Union Budget, cement prices have increased sharply. The price, which was down during the last year due to prolonged monsoon and over-capacity, started to increase from New Year and accelerated after the Union Budget. The all-India average price has gone up a little over 10 per cent and set to hit Rs 300 for a 50-kg bag. The Mumbai market again took the lead in raising prices. Cement companies raised their prices, pushing the retail level to Rs 305 a bag. In Kolkata, the price is hovering around Rs 295; in the north it is at Rs 285. In the south, cement is available at an average price of Rs 285 – in Kochi at Rs 315, in Bengaluru at Rs 280 and in Hyderabad at Rs 265 a bag. Prices in the western region have been increasing on the back of heavy consumption by the infrastructure and real estate sectors. Before the Budget, cement prices were at an all-time high for Jaipur and Ahmedabad at Rs 255 and Rs 240, respectively, and after the Budget announcement they have reached Rs 280. Prices in the eastern parts of the country have increased from Rs 280 per bag to Rs 303 for wholesale buyers. Price for retail buyers is quoted at Rs 307-310 per bag.

Concrete

Sustainable solutions by Ambuja Cement, ACC

Published

10 hours ago

December 4, 2023

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Ambuja Cement and ACC the cement and building material companies of the diversified Adani Group announced solutions to an array of customer concerns while keeping environment sustainability at its core. Examples of this are the concrete mix proportioning solution; designed to optimise the proportions of aggregates, sand and water in concrete mixes considering their unique properties. This helps the company optimise the resources thereby minimising wastage. The company also developed an in-house modular curing solution, also known as zero-water curing. This technique helps concrete slab curing without excessive use of water. This has helped save about 39 million litres of water across multiple sites.

Concrete

Fornnax adds 430HP secondary shredder to it’s R-series line-up

Published

10 hours ago

December 4, 2023

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Fornnax technologies showcased the R4000-HD tyre shredder at the IFAT expo 2023, where the company got a platform to interact with industry professionals from domestic as well as overseas markets and demonstrate the technological prowess of their machine. The R4000-HD is a powerful machine designed to make secondary shredding and steel separation more efficient and profitable.
The machine saves electricity and man-power and due to its design features it is built to make maintenance procedures easier and also lower the wear and tear to the equipment, thus lowering operating cost. It can process various materials from types, cables, e-waste and aluminium scrap. It is built to last 20-25years. With all its features and sturdy built, it is one of the most powerful secondary shredding machines in the industry.

Concrete

Udaipur Cement Works Limited doubles its clinker capacity

Published

10 hours ago

December 4, 2023

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A subsidiary of the well known JK Lakshmi Cement Ltd., Udaipur Cement Works Ltd. (UCWL) recently announced the expansion of its clinker facility taking its current capacity from 1.5MTPA to 3 MTPA at Udaipur. The company, by the end of financial year 2023-24, plans to exceed twice the current capacity from 2.2 MTPA to 4.7 MTPA. The capacity expansion has been funded through a mix of equity and debt; the company recently successfully completed its rights issue of INR 450 crores.
They have two brands under their portfolio ‘Platinum Heavy Duty Cement’ and ‘Platinum Supremo Cement’.
Also known for their commitment to renewable energy and environment sustainability, they have the first and only of it’s kind floating solar power plant of 1MWp at it’s mines, fulfilling 50% of their electricity needs.