Economy & Market

Demand for cement to grow 7.5%

Published

14 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

WCA Welcomes SiloConnect as associate corporate member

Published

2 hours ago

April 13, 2026

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The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

Published

2 hours ago

April 13, 2026

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TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

Concrete

Cortec® Corporation applauded for its strong safety performance

Published

2 hours ago

April 13, 2026

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Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.