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Pak-based Lucky Cement intends to set up plant in India

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Pakistan-based Lucky Cement is contemplating to establish a cement plant in India following the successful completion of the feasibility study. The Lucky Cement was encouraged for the move after initiating its foreign cement projects (manufacturing units in Iraq and Congo).

Muhammad Rehan Khan an analyst quoting an Indian business newspaper, claimed the company was exploring possibilities to establish the unit in the North-Western region, Amritsar.

Lucky has not issued any official announcement regarding this development, it transpired that the company was currently evaluating various options including India and Sri Lanka. Moreover, Lucky Cement has started consulting the government authorities in both India and Pakistan to comply with the Foreign Direct Investment policy in India (FDI).

India has overturned a ban on FDI from Pakistan as part of an effort to boost economic ties. Presently, the company is catering the need of neighboring country by exporting its product and has successfully established its brand in the Indian market while the management of the company has also repeatedly highlighted the lucrativeness of Indian cement market owing to its huge area and growing middle class.

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Concrete

CCU testbeds in Tamil Nadu

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Tamil Nadu is set to host one of India’s five national carbon capture and utilisation (CCU) testbeds, aimed at reducing CO2 emissions in the cement industry as part of the country’s 2070 net-zero goal, as per a news report. The facility will be based at UltraTech Cement’s Reddipalayam plant in Ariyalur, supported by IIT Madras and BITS Pilani. Backed by the Department of Science and Technology (DST), the project will pilot an oxygen-enriched kiln capable of capturing up to two tonnes of CO2 per day for conversion into concrete products. Additional testbeds are planned in Rajasthan, Odisha, and Andhra Pradesh, involving companies like JK Cement and Dalmia Cement. Union Minister Jitendra Singh confirmed that funding approvals are underway, with full implementation expected in 2025.

Image source:https://www.heavyequipmentguide.ca/

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Concrete

JSW Cement gears up for IPO

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JSW Cement has set the price range for its upcoming initial public offering(IPO) at US$1.58 to US$1.67 per share, aiming to raise approximately US$409 million. As reported in the news, around US$91 million from the proceeds will be directed towards partially financing a new integrated cement plant in Nagaur, Rajasthan. Additionally, the company plans to utilise US$59.2 million to repay or prepay existing debts. The remaining capital will be allocated for general corporate purposes.

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Concrete

Cement industry to gain from new infrastructure spending

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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/

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