Economy & Market

Demand for cement to grow 7.5%

Published

13 years ago

July 24, 2012

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During the current fiscal, cement demand in India is expected to grow 7.5 per cent. After slowing down slightly in April, demand for cement bounced back in May and despatches grew by 13.9 per cent to 202.5 lakh tonne.Production stood at 201.1 lakh tonne, 12.7 per cent higher compared to May 2011. The growth came on a low-base compared to May 2011. The despatch numbers 4.4 per cent were higher on a sequential basis as well. Cement realisations are expected to average 5 per cent higer in 2012-13.With the onset of rains, the demand for cement is likely to weaken in the next few months. However, the construction activity is likely to gain pace once the monsoons ends, leading to higher demand, economic think-tank Centre for Monitoring Indian Economy (CMIE) said.CMIE believes that cement despatches to reach 240.11 million tonne in 2012-13. This will be 7.5 per cent higer than the previous year. The early despatch numbers declared by Ambuja Cements and ACC are a mixed bag. Ambuja’s despatches grew 7.3 per cent while ACC recorded 2.6 per cent increase in May. Prices which were rising continuously for the past 8 months have started easing, CMIE said.

Concrete

Cement industry to gain from new infrastructure spending

Published

7 days ago

July 24, 2025

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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/

Concrete

AI boom drives demand, says ACA

Published

7 days ago

July 24, 2025

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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.

Image source:https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1zOrih.img?w=2000&h=1362&m=4&q=79

Concrete

GoldCrest Cement to build plant in India

Published

1 week ago

July 23, 2025

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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.