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Kerala builders to take up dealership

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Builders from Kerala are exploring new ways to tackle rising costs. The builders over here are looking at the option of opening up dealerships. Though poor in resource and industrially backward, the state backed by wads of expatriate currency has a thriving construction and building industry.

S Raghuchandran Nair, Secretary General of the State Chapter of the Confederation of Real Estate Developers’ Association of India (CREDAI), said that cement manufacturers have been crying themselves hoarse over ‘imaginary losses’ in business. The losses they are referring to, if at all, were those made on profit and not on their business, he argues. The state has hardly any land left to build new industry, much less cement plants; it was therefore left to the builders to come up with what they described as the next best alternative – pool available resources together and set up own cement dealerships. Thus, if the Builders Association of India (BAI) could think of setting up cement plants, its Kerala fraternity is ready with a blueprint for acquiring dealerships. R Rajesh, Chairman of the Thiruvananthapuram Centre of the BAI, however, said that the dealerships are still at a proposal stage. The plan is to contract purchases in bulk from small-scale manufacturers and make available cement at reduced prices.

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Concrete

CCU testbeds in Tamil Nadu

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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.

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Concrete

JSW Cement gears up for IPO

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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.

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Concrete

Cement industry to gain from new infrastructure spending

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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/

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