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UBM announces launch of Concrete Show India 2012

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A unique platform for bringing buyers and sellers within the concrete industry on a single stageUBM is delighted to announce the launch of the Concrete Show India 2012 taking place from 23-25 February 2012 at the Bandra Kurla Complex in Mumbai, India. The three day event will bring together the buyers and sellers within the concrete industry to experience and interact with the full range of concrete products and services, develop business relationships, and participate in thought provoking seminar programmes. Since concrete plays a vital role in each construction project a dedicated event for this region is long overdue hence why Concrete Show India will be the only unique platform serving the needs of the entire concrete industry. During the show attendees will have the chance to find out more about the current state of the Indian construction sector and the opportunities available for the industry through the launch of Building Magazine’s White Paper.The launch of Concrete Show India is based on the success of Concrete Show South America, the leading exhibition for the concrete and civil construction industry in Latin America with over 500 exhibitors and over 25,000 visitors. Now in its 6th year, over $400 million dollars of business was generated in new business by the exhibition at its 5th edition. Concrete Show India will expand on this success and continue to provide a dedicated platform for concrete professionals around the globe. Several leading names have confirmed participation including Sany, Lafarge, Hess Group Adeka India and Atlas Copco India.Today India is the second fastest growing economy in the world with investment in construction accounting for nearly 11 percent of India’s Gross Domestic Product. High economic growth, a shortage of residential and office space, a thriving retail sector and strong industrial output have all played a vital role in this booming sector. The launch of Concrete Show India comes at a time when the building industry gathers momentum. Sanjeev Khaira, Managing Director of Concrete Show India, said that there was no better time to invest in India than at present. "India is emerging as one of the most attractive business destinations globally and is an opportunity not to be missed. Concrete Show India will ensure that suppliers, buyers, contractors, developers and other key players connect over the three days in a dynamic business environment. With Construction being the biggest beneficiary of the surge in infrastructure investment over the next five years the market is clearly surging forward and becoming increasingly competitive. Concrete Show India will allow companies to set themselves apart from competitors as well as reach out to potential clients."

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Concrete

CCU testbeds in Tamil Nadu

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Tamil Nadu is set to host one of India’s five national carbon capture and utilisation (CCU) testbeds, aimed at reducing CO2 emissions in the cement industry as part of the country’s 2070 net-zero goal, as per a news report. The facility will be based at UltraTech Cement’s Reddipalayam plant in Ariyalur, supported by IIT Madras and BITS Pilani. Backed by the Department of Science and Technology (DST), the project will pilot an oxygen-enriched kiln capable of capturing up to two tonnes of CO2 per day for conversion into concrete products. Additional testbeds are planned in Rajasthan, Odisha, and Andhra Pradesh, involving companies like JK Cement and Dalmia Cement. Union Minister Jitendra Singh confirmed that funding approvals are underway, with full implementation expected in 2025.

Image source:https://www.heavyequipmentguide.ca/

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Concrete

JSW Cement gears up for IPO

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JSW Cement has set the price range for its upcoming initial public offering(IPO) at US$1.58 to US$1.67 per share, aiming to raise approximately US$409 million. As reported in the news, around US$91 million from the proceeds will be directed towards partially financing a new integrated cement plant in Nagaur, Rajasthan. Additionally, the company plans to utilise US$59.2 million to repay or prepay existing debts. The remaining capital will be allocated for general corporate purposes.

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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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