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Demand for cement to grow 7.5%

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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.

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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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