Economy & Market

Ambuja Cement net profit declines

Published

14 years ago

February 5, 2011

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Ambuja Cements Ltd (ACL) net profit declined by 11.8 per cent to Rs 407 crore in the quarter ended March 2011 as against Rs 462 crore in the same period last year. The company’s sales rose 10.90 per cent to Rs 2,207 crore in the quarter ended March 2011 as against Rs 1,990.16 crore during the previous quarter ended March 2010. ACL said that the production of cement for the quarter ended March 2011 went up by 4.8 per cent to 5.50 million tonne compared to 5.33 million tonne for the same quarter last year. The overall sales volume of cement and saleable clinker increased by 6.8 per cent year-on-year from 5.28 to 5.64 million tonne including 5.5 per cent rise in the domestic cement sales volumes. Though the cement exports declined by 31 per cent to 89,000 tonne compared to 129,000 tonne last year, clinker sales rose to 134,000 tonne as against 18,000 tonne in the corresponding period. The operating cost increased substantially during the quarter by increase in power and fuel costs on account of sharp rise in coal prices, higher grid tariff and increase in freight rates, the company said.

Concrete

Cement industry to gain from new infrastructure spending

Published

1 week 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/

Concrete

AI boom drives demand, says ACA

Published

1 week ago

July 24, 2025

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The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

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Concrete

GoldCrest Cement to build plant in India

Published

1 week ago

July 23, 2025

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GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.