Connect with us

Economy & Market

Vicat eyes to sell 4.5 mt cement in 2013 fiscal

Published

on

Shares

France-based Vicat Group, which owns 51 per cent stake in Bharathi Cements and Vicat-Sagar Cement, is likely to sell 4.5 million tonne of cement in India in FY 2013, said its Country-Head (India) Gilles du Manoir. The group was ‘upbeat’ on the cement industry’s growth outlook and expected it to grow at about eight per cent this year, Manoir told the media in Hyderabad on January 31.

Apart from the newly-commissioned Rs 1,800-crore joint venture cement plant, Vicat-Sagar Cement at Chattrasal, Gulbarga district of Karnataka, Vicat has 51 per cent stake in Bharathi Cement. While Bharathi Cement plant in Kadapa has 5 mt capacity, Vicat-Sagar has 2.75 mt capacity in the first phase.

Anoop Kumar Saxena, Managing Director, Bharathi Cement, said the capacity utilisation was at 50 per cent in Kadapa plant. In Vicat-Sagar 60 per cent utilisation was likely in the first year, said M Ravinder Reddy, Head-Marketing.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Concrete

Holcim UK drives sustainable construction

Published

on

By

Shares

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.

Image source:holcim

Continue Reading

Concrete

GCCA releases LCR system

Published

on

By

Shares

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.

Image source:highways.today

Continue Reading

Concrete

FLSmidth opens eco-friendly plant in Casablanca

Published

on

By

Shares

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.

 

Continue Reading

Trending News