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ACC net profit rises on firm cement price

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The consolidated net profit of ACC rose a whopping 84.6 percent y-o-y during the third quarter of CY11 as it enjoyed a strong price realisations, especially in the southern and western regions during the September 2011 quarter.In contrast, the company had reported a fall in its net profit in the first and second quarters of CY11, on a y-o-y basis owing to higher costs. ACC’s total cement capacity amounted to nearly 30 million tonne at the end of CY10, boosted by additional capacity brought on stream late that year in Maharashtra and Karnataka. The benefit of this new capacity would also be reflected in the company’s results over the next few quarters.With the monsoon season broadly over in most parts of the country (except the southern region), cement prices have started to rise in several regions, on expectations of a revival in construction activity. However, key user industries for cement like the real estate sector are facing a tough operating environment, given that there are no signs of easing in home finance rates.

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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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Concrete

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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