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Cemex-Murli deal hits roadblock

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The deal between Cemex and Murli industries could not be materialise, the reason being higher valuations sought by Murli Industries. Murli has an existing capacity of 3 mtpa (mtpa) at Chandrapur in Maharashtra and limestone reserves for the same, which it hopes to sell off. The company was in talks with Ambuja Cements and Italicementi for sale of the assets before Cemex entered the scene."Earlier, Murli was in talks with Ambuja. It was asking for $250 per tonne and after the third round of discussions, Ambuja walked away. Later, Italicementi did due diligence, but nothing worked out. Finally, they have been talking to Cemex. Murli has already rejected what Cemex has offered in the last four rounds of talks, so it is unlikely Cemex will take this deal seriously. "Nothing is happening in the deal as of now," a source said, requesting anonymity.Murli Industries has been recently barred from market trading by the Securities and Exchange Board of India for allegedly violating guidelines and accused the promoter of colluding with broker to manipulate share prices.Contact:Murli Industries LtdTel: 0712-268 3000/305 0000Fax: 0712-268 4422Email: info@murliindustries.com

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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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AI boom drives demand, says ACA

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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

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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.

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