Economy & Market

Prices declined by 10% during the lean June-August period – CRISIL

Published

12 years ago

October 31, 2011

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The average pan-India retail cement price increased by about 3 per cent month-on-month to Rs 265 per bag in September 2011. "The upturn is stoked by an expectation that demand would revive post-monsoons, while prices could rise further by 2-3 per cent in October 2011," said Ajay D’Souza, Head, CRISIL Research. Prices had declined by 10 per cent during the lean June-August period. Data released by the Cement Manufacturers Association indicated that cement dispatches grew only by 1.2 per cent year-on-year in September 2011. D’Souza explained that weak demand in southern India, particularly Andhra Pradesh, is responsible for the subdued growth in dispatches. The ongoing political uncertainty over the Telangana issue have affected real estate and infrastructure projects in AP.

Concrete

Sustainable solutions by Ambuja Cement, ACC

Published

10 hours ago

December 4, 2023

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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.

Concrete

Fornnax adds 430HP secondary shredder to it’s R-series line-up

Published

10 hours ago

December 4, 2023

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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.

Concrete

Udaipur Cement Works Limited doubles its clinker capacity

Published

10 hours ago

December 4, 2023

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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.