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Vicat to expand its Gulbarga cement plant at Rs 1,300 cr

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To expand its its Gulbarga cement plant in Karnataka, global cement manufacturer Vicat Group is planning to invest Rs 1,300 crore. The plant is a joint-venture between Vicat and Hyderabad-based Sagar Cements. M Ravinder Reddy, Head (Marketing), Vicat Group India said that the company plans to set up two identical lines at the cement plant in subsequent years.

The infrastructure and clearances are in place and the second line is expected to be operational by 2016, Reddy said. The three lines together would take the capacity to 8.25 million tonne per annum in the next four years.
The company on January 30 announced commercial dispatch from its first line of 2.75-million tonne plant that had commenced production this month.

The first line had come up with an investment of Rs 1,800 crore with an equity : debt ratio of 35 : 65. Cement from the plant would be marketed under the ‘Bharathi Cement’ brand, and is targeted at domestic consumption in north Andhra Pradesh, north Karnataka and Maharashtra. Vicat, which had acquired a 51 per cent stake in Bharathi Cement, runs the joint venture plant at Kadapa in Andhra Pradesh.

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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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