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Shree Cement to establish clinkerisation unit

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Shree Cement, the biggest in the northern region with market capitalisation of Rs 5,920 crore, would set up a two-million tonne clinkerisation unit near Raipur, Chhattisgarh, with an investment of Rs 1,000 crore. This is the first time the company is setting up clinkerisation unit outside Rajasthan. "We have been acquiring the land for the last two years and have got partial success. We have acquired 75 per cent of the area and once completed, we will first set up the clinker plant," said HM Bangur, Managing Director, Shree Cement. The investment of Rs 1,000 crore would be funded through internal accruals. "Once the entire land purchase is complete and we are sure about the time frame of the clinker unit, three to six months from thereon, we will look at the grinding unit," said Bangur. In April 2007, nine cement companies had each signed a memorandum of understanding (MoU) with the Chhattisgarh government for new cement plants and expansion of existing ones, with a total investment of Rs 6,800 crore. Now, after four years, Shree Cement has revived its plan.

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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.

Image source:https://www.heavyequipmentguide.ca/

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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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