President Goodluck Jonathan of Nigeria has directed cement manufacturers to do everything possible to crash the prices of cement within the next 30 days. This has been necessitated due to recent skyrocketing of the prices, which was unacceptable. At a meeting the manufacturers agreed with the president’s request, stating that the 30 days was enough time for them to set in place policies that would lead to price reduction. President of the Cement Manufacturers Association of Nigeria chief Joseph Makoju, chairman of Dangote Group, Alhaji Aliko Dangote, chairman of BUA Group, Alhaji Abdulsamad Rabiu, and country manager of Lafarge Cement, Jean-Christophe Barbant, all agreed the 30-day period was sufficient for them to crash the price of cement, assuring that the prices would come down even before the deadline. According to Makoju, both the president and the manufacturers have agreed to address the causes of the scarcity of the product and high cost will be addressed, noting that government has agreed to meet its obligations while the cement manufacturers will act within the period to ensure that factors leading to the hike in prices were addressed Dangote blamed the problem on the insufficient supply of low pour fuel oil (LPFO) consumed by the industry and the loss of 6,000 trucks by his group recently, adding that the recent post-election crisis in the northern part of the country, which caused a shutdown of production for weeks, was partly responsible for the hike in price of cement.
Sustainable solutions by Ambuja Cement, ACC
Ambuja Cement and ACC the cement and building material companies of the diversified Adani Group announced solutions to an array of customer concerns while keeping environment sustainability at its core. Examples of this are the concrete mix proportioning solution; designed to optimise the proportions of aggregates, sand and water in concrete mixes considering their unique properties. This helps the company optimise the resources thereby minimising wastage. The company also developed an in-house modular curing solution, also known as zero-water curing. This technique helps concrete slab curing without excessive use of water. This has helped save about 39 million litres of water across multiple sites.
Fornnax adds 430HP secondary shredder to it’s R-series line-up
Fornnax technologies showcased the R4000-HD tyre shredder at the IFAT expo 2023, where the company got a platform to interact with industry professionals from domestic as well as overseas markets and demonstrate the technological prowess of their machine. The R4000-HD is a powerful machine designed to make secondary shredding and steel separation more efficient and profitable.
The machine saves electricity and man-power and due to its design features it is built to make maintenance procedures easier and also lower the wear and tear to the equipment, thus lowering operating cost. It can process various materials from types, cables, e-waste and aluminium scrap. It is built to last 20-25years. With all its features and sturdy built, it is one of the most powerful secondary shredding machines in the industry.
Udaipur Cement Works Limited doubles its clinker capacity
A subsidiary of the well known JK Lakshmi Cement Ltd., Udaipur Cement Works Ltd. (UCWL) recently announced the expansion of its clinker facility taking its current capacity from 1.5MTPA to 3 MTPA at Udaipur. The company, by the end of financial year 2023-24, plans to exceed twice the current capacity from 2.2 MTPA to 4.7 MTPA. The capacity expansion has been funded through a mix of equity and debt; the company recently successfully completed its rights issue of INR 450 crores.
They have two brands under their portfolio ‘Platinum Heavy Duty Cement’ and ‘Platinum Supremo Cement’.
Also known for their commitment to renewable energy and environment sustainability, they have the first and only of it’s kind floating solar power plant of 1MWp at it’s mines, fulfilling 50% of their electricity needs.