Economy & Market

Cement industry in AP continues to suffer

Published

13 years ago

September 26, 2012

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Lower realisations and less demand for cement in Andhra Pradesh have suffered cement companies’ operation in the state. The price of cement in the state has corrected sharply by 10 per cent in last few weeks and is 25 per cent down from the peak levels of Rs 300 per bag.The fall in price in the state has been more due to entry of new players than due to seasonal reasons. For instance, JP Cement is selling cement at around Rs 210-220 per bag which is Rs 20-30 lower than what is charged by bigger players like Ultratech and ACC.The state has seen newer players and also the existing players expanding capacities due to huge availability of limestone, which is the primary material for cement.Andhra Pradesh, which accounts for 8-9 per cent of the total national cement consumption, has been a worrying issue for the cement companies having exposure in the state. Non-availability of sand led to inventory pile up for the companies three to four months back.

Concrete

Cement industry to gain from new infrastructure spending

Published

1 week 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

1 week 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

admin

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.