Projects

Ready to build

Published

12 years ago

May 31, 2012

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The Ready Mix Concrete (RMC) business is in its infancy in India, but the potential is huge in view of the thrust on infrastructure by the Central and state governments. The low level of RMC penetration in India is evident from the fact that in developed countries, RMC consumes as much as 70 per cent of the total cement production, while in India estimates range between 3 and 7% towards manufacture of RMC. In urban areas, however, the figures are estimated to be in the range of 18%. The low penetration of RMC in India presents itself as a potential opportunity waiting to be exploited by cement companies and entrepreneurs in cement industry. Most of the major cement companies have already forayed into the RMC business, and it is just a matter of time other medium and smaller companies join the bandwagon.Globally, China has made two big moves in acquiring concrete machinery manufacturers; Sany Heavy Industries acquired German Putzmeister for Euros 360 million early this year and then in March XCMG acquired the other German concrete machinery manufacturer Schwing Stetter signaling enhancing its grasp on the core equipment required for the material for infrastructure development.There are host of issues such as taxes and duties on RMC, quality of aggregates and availability of suitable sites for setting up of RMC plants which need to be addressed by the Indian cement industry and the government to facilitate rapid growth of RMC. If these issues are resolved, there is no reason why RMC should not grow at a scorching pace in years to come.In the second part of the two-part Concrete Special Report, Upen Patel, Business Director of BASF India explains various components and materials used to deal with deterioration of concrete. The technology column carries an article by Torben Frigaard, FLSmidth, Denmark and K P Sathish Kumar, FLSmidth on the company’s new cross-bar coolers and the latest development in cross-bar technology. These coolers offer benefits in terms of upfront investment, technical design and long-term cost of ownership. Another article provides information on SKF automatic lubrication system with FB pump which helps cut down clinker cooler downtime and maintenance costs.In Conversation column this time features Anil Counto, MD, Alcon Group of Goa, a diversified conglomerate engaged in cement, RMC, construction, real estate, hospitality, solar appliances, metals and mining. In Trendsetter column, we have featured Vijay Aggarwal, MD of Prism Cement, while Ch. Gandhi Raju, Vice-President – Marketing at Anjani Portland Cement is featured in the Marketing Wizard column.Please send in your feedback/letters to editorial@indiancementreview.com

Projects

Adani Group to invest Rs 55,000 cr in Gujarat projects, including cement plant

Published

3 years ago

October 21, 2021

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Billionaire Gautam Adani announced over Rs 55,000 crore investment in next five years in a clutch of projects in Gujarat including the world’s largest solar park, a copper plant, a cement unit, and a lithium battery manufacturing complex, envisaging direct employment to 50,000 people.

Adani Group, which operates Mundra port in the state, announced plans to foray into petrochemical business with a Rs 16,000 crore project with German chemical major BASF.

Speaking at the 9th Vibrant Gujarat Summit here, Adani said his group’s investments in Gujarat in the past five years exceed Rs 50,000 crores and “we are further accelerating our investments.”

“Over the next 5 years, our investments will include the world’s largest solar hybrid park in Khavda. The anticipated investment in this park is Rs 30,000 crore. We also plan to establish a 1 GW Data Center Park in Mundra, a one million ton copper smelting and refining project, a cement and clinker manufacturing unit in Lakhpat, an integrated Lithium battery manufacturing complex and expand our Photovoltaic manufacturing capabilities. Overall, we anticipate a total of Rs 55,000 crore of investment in all these projects,” he said.

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Projects

Bangladesh’s Chhatak Cement announces modernisation project

Published

3 years ago

October 21, 2021

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Bangladesh’s Chhatak Cement Co Ltd has announced plans to modernise its facility and convert it from wet process to dry process. The company has begun to prepare a development project proposal, with a schedule to implement the upgrades by 2021.

According to company officials, Chhatak Cement has incurred an accumulated loss of over BDT3.63bn (US$43.25m) between FY13-14 and FY17-18, mainly due to its outdated machinery resulting in loss of production capacity. The plant is currently operating at 70,000 tonnes per annum (tpa).

However, the new project is anticipated to boost production capacity and increase annual company profit to around BDT1bn. The modernisation is expected to be financed by a BDT8.9bn investment from the government, with BDT5.34bn as a loan with a payback period of seven years and the rest as equity, according to The Financial Express.

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Projects

Forced shutdown of Viet-Dung Quat cement plant in Vietnam

Published

3 years ago

October 19, 2021

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The Dai Viet-Dung Quat cement plant has been forced to temporarily shut down in the central province of Quang Ngai due to environmental pollution. Since 26 May, the locals had gathered in front of the plant to call for a shutdown.

Director of Central Region Cement JSC Trinh Van Dien, investor in the Dai Viet-Dung Quat cement plant, said, “We invited an environmental monitoring team to check the dust concentration and the results are safe. The local Department of Natural Resources and Environment hasn?t reached a conclusion on the noise level yet.”

He added, “We?ve had to temporarily close the plant, meaning we”re losing VND300m (US$13,437) and the 100 workers are kicking their heels at home. I don”t know what to do.”

The ground clearance work should have been done this year but the coal-powered plant project was delayed until 2020. As a result, the ground clearance work has also been delayed.

According to the locals, they want to be compensated for the relocation if the plant stays. “We don?t want to stay. We have to move,” local Nguyen Ne said.

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