Economy & Market

Cement despatches grows slowly

Published

13 years ago

October 4, 2012

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The year-on-year growth of cement despatches was moderate for many companies because of the sluggish pace of construction activity during the year as compared to last year owing to a slowdown in economy.While ACC posted around 4 percent YoY growth in dispatches during September 2012, Ambuja Cement reported flat dispatch numbers. On an MoM basis, the dispatches increased around 5 percent for Ambuja Cements and 3 percent for ACC.According to ICICIdirect, the total industry’s volume may grow at around 7 percent YoY for 2012-13. During September 2012, prices of cement declined Rs 10-30 per bag MoM across regions owing to sluggishness in construction activities on the back of extended monsoons.The broking firm said: "Though the capacity utilisation rate is expected to remain flattish in FY13E at 77 percent owing to higher effective capacity additions, utilisation rates may improve gradually to around 79 percent by FY14E as incremental demand may surpass effective capacity additions during the year".On the pricing front, cement prices may see short-term pressure from seasonal weakness and CCI order. However, an improvement in utilisation rates coupled with higher input costs would keep cement prices at higher levels over a long term, it said.

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.

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Concrete

GoldCrest Cement to build plant in India

Published

1 week ago

July 23, 2025

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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.