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Rajkot-based Kishan group to invest Rs 300 cr for cement plant

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Kishan group of companies will increase its cement making capacities by setting up a new cement plant, which is expected to be commissioned by Diwali this year. "We are going to increase our cement manufacturing capacities with an investment of around Rs 250-300 crore. The construction work of the new plant is on the verge of completion and production will start just after Diwali this year," said Rajan Vadaliya, director, Kishan group. For the major cement plant, the Kishan group has formed a new company under the name of ‘Hi-Bond Cement India Private Limited’. Vadalia, informed that the production capacity of new cement plant would be 900,000 tonne per year, which can be upgraded in future. While the company would set up new cement plant, it would also continue production at its mini cement plant, which has a production capacity of about 200,000 tonne per year. Cement manufactured at mini cement plant is marketed under the brand name of ‘Kishan’. The company is focusing on Gujarat, Maharashtra, Rajasthan and some parts of Madhya Pradesh for marketing. The machinery for the new cement plant is imported from Denmark, while a Denmark-based company would provide technical assistance. Finance for the project would be a mix of internal accruals and bank finance.

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Concrete

thyssenkrupp Polysius, SaltX partner for electrified production

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thyssenkrupp Polysius and Swedish startup SaltX have signed a Letter of Intent (LOI) to co-develop the next generation of electrified production facilities, advancing industrial decarbonisation. Their collaboration will integrate SaltX’s patented Electric Arc Calciner (EAC) technology into thyssenkrupp Polysius’ green system solutions, enabling electric calcination, replacing fossil fuels with renewable energy, and capturing CO2 for emission-free production. Dr Luc Rudowski, Head of Innovation, thyssenkrupp Polysius, emphasised that this partnership expands their portfolio of sustainable solutions, particularly in cement, lime, and Direct-Air-Capture (DAC). Lina Jorheden, CEO, SaltX, highlighted the significant CO2 reduction potential, reinforcing their commitment to sustainable industrial processes.

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Concrete

Terra CO2 secures $82m to scale low-carbon cement technology

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Terra CO2, a US-based sustainable building materials company, has raised $82 million in Series B funding, co-led by Just Climate, Eagle Materials and GenZero, with continued support from Breakthrough Energy Ventures. The investment will accelerate the commercial deployment of Terra’s OPUS technology, enabling the construction of multiple production facilities across North America and Europe. With the cement industry responsible for 8 per cent of global CO2 emissions, Terra’s solution provides an immediate, scalable alternative using abundant raw materials that integrate seamlessly with existing infrastructure. The company has secured key partnerships, including a deal with Eagle Materials for multiple 240,000-tonne plants.

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Concrete

Titan Cement Group enters South Asia

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Titan Cement Group has expanded into the South Asian market through a joint venture with JAYCEE, an India-based producer of supplementary cementitious materials. Titan will hold a majority stake in the newly formed company, Atlas EcoSolutions, which will focus on sourcing, processing, marketing, and distributing SCMs globally. This initiative aims to support sustainable construction by promoting alternatives to clinker-based cement. Jean-Philippe Benard, Head of Supply Chain and Energy Development, emphasised that the venture aligns with Titan’s strategy to lead in low-carbon building materials while reinforcing its commitment to sustainability and innovation. The move strengthens Titan’s position in a high-growth market while ensuring long-term access to SCMs.

 

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Economy & Market

Rajkot-based Kishan group to invest Rs 300 cr for cement plant

Published

on

Shares
Kishan group of companies will increase its cement making capacities by setting up a new cement plant, which is expected to be commissioned by Diwali this year. "We are going to increase our cement manufacturing capacities with an investment of around Rs 250-300 crore. The construction work of the new plant is on the verge of completion and production will start just after Diwali this year," said Rajan Vadaliya, director, Kishan group. For the major cement plant, the Kishan group has formed a new company under the name of ‘Hi-Bond Cement India Private Limited’. Vadalia, informed that the production capacity of new cement plant would be 900,000 tonne per year, which can be upgraded in future. While the company would set up new cement plant, it would also continue production at its mini cement plant, which has a production capacity of about 200,000 tonne per year. Cement manufactured at mini cement plant is marketed under the brand name of ‘Kishan’. The company is focusing on Gujarat, Maharashtra, Rajasthan and some parts of Madhya Pradesh for marketing. The machinery for the new cement plant is imported from Denmark, while a Denmark-based company would provide technical assistance. Finance for the project would be a mix of internal accruals and bank finance.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Concrete

thyssenkrupp Polysius, SaltX partner for electrified production

Published

on

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thyssenkrupp Polysius and Swedish startup SaltX have signed a Letter of Intent (LOI) to co-develop the next generation of electrified production facilities, advancing industrial decarbonisation. Their collaboration will integrate SaltX’s patented Electric Arc Calciner (EAC) technology into thyssenkrupp Polysius’ green system solutions, enabling electric calcination, replacing fossil fuels with renewable energy, and capturing CO2 for emission-free production. Dr Luc Rudowski, Head of Innovation, thyssenkrupp Polysius, emphasised that this partnership expands their portfolio of sustainable solutions, particularly in cement, lime, and Direct-Air-Capture (DAC). Lina Jorheden, CEO, SaltX, highlighted the significant CO2 reduction potential, reinforcing their commitment to sustainable industrial processes.

Continue Reading

Concrete

Terra CO2 secures $82m to scale low-carbon cement technology

Published

on

By

Shares

Terra CO2, a US-based sustainable building materials company, has raised $82 million in Series B funding, co-led by Just Climate, Eagle Materials and GenZero, with continued support from Breakthrough Energy Ventures. The investment will accelerate the commercial deployment of Terra’s OPUS technology, enabling the construction of multiple production facilities across North America and Europe. With the cement industry responsible for 8 per cent of global CO2 emissions, Terra’s solution provides an immediate, scalable alternative using abundant raw materials that integrate seamlessly with existing infrastructure. The company has secured key partnerships, including a deal with Eagle Materials for multiple 240,000-tonne plants.

Continue Reading

Concrete

Titan Cement Group enters South Asia

Published

on

By

Shares

Titan Cement Group has expanded into the South Asian market through a joint venture with JAYCEE, an India-based producer of supplementary cementitious materials. Titan will hold a majority stake in the newly formed company, Atlas EcoSolutions, which will focus on sourcing, processing, marketing, and distributing SCMs globally. This initiative aims to support sustainable construction by promoting alternatives to clinker-based cement. Jean-Philippe Benard, Head of Supply Chain and Energy Development, emphasised that the venture aligns with Titan’s strategy to lead in low-carbon building materials while reinforcing its commitment to sustainability and innovation. The move strengthens Titan’s position in a high-growth market while ensuring long-term access to SCMs.

 

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