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Cement demand in AP picks up, firms hope for better Q4

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In Andhra Pradesh, cement prices have started to increase. After hitting a low of nearly Rs 200 a 50-kg bag in the retail market at the end of 2012, prices have now touched Rs 220-230 in the state.

Anjani Portland Cement CEO SVS Shetty said that the perceptible increase in demand is behind the price rise. It is expected that both demand and price to be on higher levels going forward, Shetty said. Government demand, too, has picked up with agencies such as State housing corporations releasing orders in the last couple of weeks, he added.

Cement demand in the South is mostly up due to increase in construction, mainly in the housing sector, and general elections next year are also expected to boost demand, according to a functionary of Sagar Cement. Construction activity has picked up slightly after the Sankranthi festival.

With the best season for construction ahead, the cement industry is hopeful of both surge in production and hardening of prices, say industry sources. Subdued demand, sluggish realty market in Hyderabad and entry of several big players with high capacity, along with virtually no Government projects coming, kept prices low for several months last year.

The worst phase turned out to be December, when prices crashed by nearly Rs 50-60 a bag. High power tariffs, power cuts and costlier diesel are also weighing on the industry to push up the prices. The coming months portend a steady price rise, industry experts felt.

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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