Economy & Market

Shree Cement among 16 new sustainability champions' list

Published

15 years ago

January 10, 2011

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Shree Cement is among three Indian companies (Suzlon Energy and Jain Irrigations being the other two) who has made it to the 16 new sustainability champions’ list, compiled by World Economic Forum and The Boston Consulting Group. The report titled ‘redefining the future of growth: The new sustainability champions’ id-en-tified 16 "fast-growing, high-performing companies" from the emerging markets based in terms of their environmental and social initiatives. These are the companies "whose mindset and practices enable them to post strong growth while actively tackling environmental and social challenges," the report said. The report highlighted that innovation of all kinds was burgeoning in emerging markets – the very regions where the pressures of resource depletion will be felt most keenly. Their overall performance of these companies matters because emerging markets in total are set to contribute more than three-quarters of global growth by 2012, and because these markets are likely to feel resource scarcity the most. The report covered more than 1,000 companies from around the world on the basis of their sustainability, innovation, and scalability.

Concrete

CCU testbeds in Tamil Nadu

Published

4 days ago

August 12, 2025

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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/

Concrete

JSW Cement gears up for IPO

Published

4 days ago

August 12, 2025

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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.

Concrete

Cement industry to gain from new infrastructure spending

Published

3 weeks ago

July 24, 2025

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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/