Concrete

Builders in Madurai protest against cement price rise

Published

13 years ago

August 23, 2012

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Protesting against the escalation of prices in cement, a day-long fast by Builders Association of India (BAI) Madurai Chapter was observed in Madurai on August 21. Civil Engineers Association, and Corporation Contractors Association also joined the fast observation.S Pandian, Chairman, BAI Madurai Chapter, said that the price of a bag of cement has increased by around 20 per cent within the last two to three months alone despite cement companies having been fined for malpractices. The current spike in prices of cement is having an adverse effect on both the public and private sector projects.He said that there are no or very few takers for tenders of new government schemes. Also, many housing projects are being put on hold due to the cost escalation. Agitations are being staged across the State to press the demand for a regulatory body to rein in the cement sector, he added.

Concrete

Star Cement launches ‘Star Smart Building Solutions’

Published

7 days ago

June 17, 2025

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Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

Concrete

Nuvoco Vistas reports record quarterly EBITDA

Published

7 days ago

June 17, 2025

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Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

Published

7 days ago

June 17, 2025

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UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.