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Cement industry in AP continues to suffer

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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

Holcim UK drives sustainable construction

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Holcim UK has released a report titled ‘Making Sustainable Construction a Reality,’ outlining its five-fold commitment to a greener future. The company aims to focus on decarbonisation, circular economy principles, smarter building methods, community engagement, and integrating nature. Based on a survey of 2,000 people, only 41 per cent felt urban spaces in the UK are sustainably built. A significant majority (82 per cent) advocated for more green spaces, 69 per cent called for government leadership in sustainability, and 54 per cent saw businesses as key players. Additionally, 80 per cent of respondents stressed the need for greater transparency from companies regarding their environmental practices.

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Concrete

GCCA releases LCR system

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The Global Cement and Concrete Association (GCCA) has launched the Low Carbon Ratings (LCR) system for cement and concrete, a new global rating based on products’ carbon footprints. The system uses a clear AA to G scale to help customers prioritise sustainability in material selection across construction sectors worldwide. The GCCA says that the LCR system is designed to be easily recognisable, with a simple visual graphic that indicates a product’s rating and provides consistency and comparability to other products.

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Concrete

FLSmidth opens eco-friendly plant in Casablanca

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FLSmidth has inaugurated a €21 million mill liner manufacturing plant in Casablanca, covering 11,250m² with a production capacity of 6,500 tonnes annually. The LEED-certified facility significantly reduces carbon emissions by up to 56 per cent and fully recycles water used in the manufacturing process. Up to 250 jobs will be created in the Valparaíso region. Mikko Keto, CEO, highlighted the plant as a symbol of FLSmidth’s commitment to sustainable mining and community engagement in South America. Earlier in 2024, the Denmark-based company announced plans to sell its cement division to sharpen its focus on mining operations.

 

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