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Concrete

Cement makers cheer as construction activity revives

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A weak monsoon and lower dispatches to wholesalers past year have resulted in a healthy growth for major cement manufacturing companies in June this year. An aggregate of cement dispatches of five major cement-manufacturing companies grew 8% year-on-year (YoY) in June 2012.The duration between June and August is a lean period for construction activity in major parts of the country. In June last year, a good monsoon had led to a lower construction activity. However, due to delay in monsoon this year, there is an increase in construction activity, which has increased the demand for cement.Another positive development for companies is the declining coal prices. Richards Bay Index – the benchmark for global coal prices – is down nearly 20 per cent since the beginning of the year. Although, depreciation of the rupee has offset the benefits, companies still stand to gain from lower coal prices.It is estimated that around 500 kg of coal is required for manufacturing 1 million tonne of cement. However, due to an increase in freight costs, companies would find it difficult to improve their margins significantly. In March this year, Indian Railways had increased the freight rates for cement by about 20 per cent.In addition, companies were able to increase cement prices due to a pickup in demand. Cement prices across the country on an average increased by Rs 5-10 per kg in June 2012. The increase was higher in western and northern region where monsoons were significantly below normal.

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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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