Connect with us

Economy & Market

Expectations for growth

Published

on

Shares

With the Union budget round the corner, the cement industry’s attention is focused towards what will be in store for it. Growth in the cement industry has come down to 5% due to withdrawal of stimulus packages. Though cement is the most essential material used in infrastructure projects, tax on the commodity is the highest among the items required for building infrastructure. The levies and taxes on cement are far higher compared to those in countries of the Asia-Pacific region. The average tax rate on cement in the Asia-Pacific region is pegged at just 11.4% with the highest levy of 20 % in Sri Lanka.The cover story in this issue is on the wish-list of the cement manufacturers, as articulated by the Cement Manufacturers’ Association. The wish-list represents suggestions sent by the cement body to Finance Minister Pranab Mukherjee for improving the competitiveness of the Indian cement industry and making it more profitable. Some of the proposals mooted by the CMA in its wish list include a uniform and specific rate of excise duty on cement, levy of import duty on cement imports and classifying cement as "Declared Goods".In this issue, we also carry an interview with J. K. Dasgupta, MD & CEO, JPM Engineers Private Limited, on the latest evolution in concrete technology. He speaks specifically on the 3D model for determining the strength of a concrete structure. From this issue, we introduce two new sections, Trendsetters and Marketing Wizard. These sections will feature profiles and views of the top rung decision-makers in the organization who have been influential in taking their respective organizations to great heights. In the Trendsetters section, we have featured Puneet Arora, Deputy Executive Director-Central Project Office of the Dalmia Bharat Group.In the Marketing Wizard section we have featured C. S. Sadasivan, Chief Executive – Marketing with JK Lakshmi Cement. This section also features B. K. Singh, Executive Director – Group Marketing and Communications for the Dalmia Bharat Group. He has earlier led the cement business of the group as Executive Director – Sales and Marketing.Please send in your feedback/letters to editorial@indiancementreview.com

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Concrete

Holcim UK drives sustainable construction

Published

on

By

Shares

Holcim UK has released a report titled ‘Making Sustainable Construction a Reality,’ outlining its five-fold commitment to a greener future. The company aims to focus on decarbonisation, circular economy principles, smarter building methods, community engagement, and integrating nature. Based on a survey of 2,000 people, only 41 per cent felt urban spaces in the UK are sustainably built. A significant majority (82 per cent) advocated for more green spaces, 69 per cent called for government leadership in sustainability, and 54 per cent saw businesses as key players. Additionally, 80 per cent of respondents stressed the need for greater transparency from companies regarding their environmental practices.

Image source:holcim

Continue Reading

Concrete

GCCA releases LCR system

Published

on

By

Shares

The Global Cement and Concrete Association (GCCA) has launched the Low Carbon Ratings (LCR) system for cement and concrete, a new global rating based on products’ carbon footprints. The system uses a clear AA to G scale to help customers prioritise sustainability in material selection across construction sectors worldwide. The GCCA says that the LCR system is designed to be easily recognisable, with a simple visual graphic that indicates a product’s rating and provides consistency and comparability to other products.

Image source:highways.today

Continue Reading

Concrete

FLSmidth opens eco-friendly plant in Casablanca

Published

on

By

Shares

FLSmidth has inaugurated a €21 million mill liner manufacturing plant in Casablanca, covering 11,250m² with a production capacity of 6,500 tonnes annually. The LEED-certified facility significantly reduces carbon emissions by up to 56 per cent and fully recycles water used in the manufacturing process. Up to 250 jobs will be created in the Valparaíso region. Mikko Keto, CEO, highlighted the plant as a symbol of FLSmidth’s commitment to sustainable mining and community engagement in South America. Earlier in 2024, the Denmark-based company announced plans to sell its cement division to sharpen its focus on mining operations.

 

Continue Reading

Trending News

SUBSCRIBE TO THE NEWSLETTER

 

Don't miss out on valuable insights and opportunities to connect with like minded professionals.

 


    This will close in 0 seconds