Economy & Market

Prism Cement plans to increase capacity

Published

14 years ago

July 31, 2011

admin

Prism Cement, a Rajan Raheja group company, has set a target of excess of 10 million tonne per annum capacity by 2014. The company would also set up a greenfield unit at Kurnool, Andhra Pradesh. With the commissioning of its brown field unit of 3.6 million tonne per capacity recently, the company’s total installed capacity has gone up to 5.6 million tonne per annum. The greenfield expansion is expected to be completed by 2014 with capacity addition of 4.8 million tonne per annum. Though the project was announced in 2007 the company went slow on its implementation, partly due to global slowdown in 2008 and partly due to excess capacity in the industry. The company has also been allotted a coal block at Chindwara, MP, which is expected to be commissioned in FY2012-13 and will supply to the plant facility at Satna. This is likely to help the company to improve its margins. Currently the new unit depends entirely on open market coal which is nearly 40 per cent more expensive than linkage coal.

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.