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Cement industry to witness strong performance: MSFL

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Cement industry is set to witness another quarter of strong performance, says Marwadi Shares & Finance (MSFL). Delayed monsoon in most parts of the country has enabled decent demand across regions. Cement prices witnessed lesser than anticipated correction post CCI verdict and were stable during Q1.On the cost side, though players witnessed y-o-y higher costs, sequentially they were flat. International coal prices have softened during Q1, however, impact was nullified by higher rupee depreciation. Overall it expects industry to post a 12-15 per cent top line growth on a low base and a moderate earnings growth for Q1. Cement stocks continued to trade ahead of their valuations and outperformed the indices.Industry recorded 7 per cent growth for FY12. MSFL expects it to post strong 11 per cent demand growth for Q1, partially on account of delayed monsoon in most parts of the country, which have enabled a double digit growth for Q1. MSFL coverage also is expected to report 11 per cent volumes growth.However sequentially, Q1 volume would register a decline of four to five per cent. MSFL predicts demand to be soft in next couple of quarters on account of monsoon.

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Concrete

thyssenkrupp Polysius, SaltX partner for electrified production

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thyssenkrupp Polysius and Swedish startup SaltX have signed a Letter of Intent (LOI) to co-develop the next generation of electrified production facilities, advancing industrial decarbonisation. Their collaboration will integrate SaltX’s patented Electric Arc Calciner (EAC) technology into thyssenkrupp Polysius’ green system solutions, enabling electric calcination, replacing fossil fuels with renewable energy, and capturing CO2 for emission-free production. Dr Luc Rudowski, Head of Innovation, thyssenkrupp Polysius, emphasised that this partnership expands their portfolio of sustainable solutions, particularly in cement, lime, and Direct-Air-Capture (DAC). Lina Jorheden, CEO, SaltX, highlighted the significant CO2 reduction potential, reinforcing their commitment to sustainable industrial processes.

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Concrete

Terra CO2 secures $82m to scale low-carbon cement technology

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Terra CO2, a US-based sustainable building materials company, has raised $82 million in Series B funding, co-led by Just Climate, Eagle Materials and GenZero, with continued support from Breakthrough Energy Ventures. The investment will accelerate the commercial deployment of Terra’s OPUS technology, enabling the construction of multiple production facilities across North America and Europe. With the cement industry responsible for 8 per cent of global CO2 emissions, Terra’s solution provides an immediate, scalable alternative using abundant raw materials that integrate seamlessly with existing infrastructure. The company has secured key partnerships, including a deal with Eagle Materials for multiple 240,000-tonne plants.

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Concrete

Titan Cement Group enters South Asia

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Titan Cement Group has expanded into the South Asian market through a joint venture with JAYCEE, an India-based producer of supplementary cementitious materials. Titan will hold a majority stake in the newly formed company, Atlas EcoSolutions, which will focus on sourcing, processing, marketing, and distributing SCMs globally. This initiative aims to support sustainable construction by promoting alternatives to clinker-based cement. Jean-Philippe Benard, Head of Supply Chain and Energy Development, emphasised that the venture aligns with Titan’s strategy to lead in low-carbon building materials while reinforcing its commitment to sustainability and innovation. The move strengthens Titan’s position in a high-growth market while ensuring long-term access to SCMs.

 

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