Economy & Market

Mangalam Cement in strong foothold

Published

14 years ago

February 5, 2011

admin

Mangalam Cement, a BK Birla group company, has benefited from strong demand conditions in the northern part of the country over the past few months. Cement prices have increased on a per-tonne basis in this region during the current peak construction season.

As per reports, cement dispatches in the northern region grew nearly 14 per cent year-on-year between January and February 2011, significantly higher than the all-India growth during this period. This was due to a pick-up in government-funded infrastructure projects and real estate sector, coupled with dealer restocking. As a result, cement prices in New Delhi jumped by nearly 20 per cent from the levels at the end of the third quarter.

This should help cement players in the region, which had faced a rather difficult operating environment during the second and the third quarter of FY11.

Concrete

Cement industry to gain from new infrastructure spending

Published

7 days ago

July 24, 2025

admin

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

7 days ago

July 24, 2025

admin

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.

Image source:https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1zOrih.img?w=2000&h=1362&m=4&q=79

Concrete

GoldCrest Cement to build plant in India

Published

1 week ago

July 23, 2025

admin

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.