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Cement Cos may post poor earnings – Reports

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Firm raw material prices and subdued cement prices owing to weak demand may play spoilsports on the financials of the cement companies in the second quarter of 2011-12. While the monsoon months are not the best for cement demand in India, stagnating infrastructure projects and sluggish demand in the real estate sector have hurt cement companies. Going by the demand scenario in the real estate market, cement demand may not revive significantly to improve utilisation. Analysts expect the sector to remain volatile this year and the next, as the first and second quarters would remain subdued and the third and fourth would see good demand. But some analysts expect revival of demand going forward. According to channel checks by Deutsche Bank’s global markets research team, many wholesalers or retailers and marketing personnel are seeing significant new inquiries for cement deliveries in the second half of 2011-12. The Bank estimates at least 8 per cent growth in the second half of 2011-12, followed by a 9 per cent (estimated) CAGR in 2012-14.

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Concrete

WCA Welcomes SiloConnect as associate corporate member

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The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

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Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

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TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

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Concrete

Cortec® Corporation applauded for its strong safety performance

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Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.

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    Economy & Market

    Cement Cos may post poor earnings – Reports

    Published

    on

    Shares



    Firm raw material prices and subdued cement prices owing to weak demand may play spoilsports on the financials of the cement companies in the second quarter of 2011-12. While the monsoon months are not the best for cement demand in India, stagnating infrastructure projects and sluggish demand in the real estate sector have hurt cement companies. Going by the demand scenario in the real estate market, cement demand may not revive significantly to improve utilisation. Analysts expect the sector to remain volatile this year and the next, as the first and second quarters would remain subdued and the third and fourth would see good demand. But some analysts expect revival of demand going forward. According to channel checks by Deutsche Bank’s global markets research team, many wholesalers or retailers and marketing personnel are seeing significant new inquiries for cement deliveries in the second half of 2011-12. The Bank estimates at least 8 per cent growth in the second half of 2011-12, followed by a 9 per cent (estimated) CAGR in 2012-14.

    Continue Reading
    Click to comment

    Leave a Reply

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

    Concrete

    WCA Welcomes SiloConnect as associate corporate member

    Published

    on

    By

    Shares

    The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

    Continue Reading

    Concrete

    TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

    Published

    on

    By

    Shares

    TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

    Continue Reading

    Concrete

    Cortec® Corporation applauded for its strong safety performance

    Published

    on

    By

    Shares

    Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.

    Continue Reading

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