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Cement industry worried over diesel price hike

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While demand for cement was already down, manufacturers of the key building raw material in south India have now faced another big trouble of hike in diesel prices. Oil companies in India have raised the cost of diesel by Rs 10 a litre.

The hike in diesel price has increased cement production costs. The price rise can be traced back to the fact the government has recently removed controls on diesel prices, perhaps because of the Rs 96 000 crore oil subsidy bill that it must now pick up. The removal of the controls has seen the oil companies instantly beginning to raise diesel prices, and though the initial price rise isn’t large, there’s no telling whether it will continue upwards.

For the cement industry, this is just one of several issues it is currently facing. Power is in short supply, and this only deepens manufacturers’ dependence on diesel. Recent rail freight price hikes have also taken their toll, making the transportation of raw materials more expensive.

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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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