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India Cement to expand Rajasthan capacity for around Rs 7 bn

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N Srinivasan, Vice Chairman and Managing Director of India Cements informed that the firm explores an opportunity to expand its capacity in Rajasthan at an investment of around Rs 650-700 crore.

The plan comes on the backdrop of growing demand in Gujarat and Madhya Pradesh. Present capacity of the plant is 1.3 million tonne and the company plans to add one more line with similar capacity. The expansion would help the company to cater Gujarat and Madhya Pradesh markets, he said.

The firm feels that Gujarat market is growing well and the demand is also high. India Cements current manufacturing capacity is 15.5 mn t with plants in Tamil Nadu, Andhra Pradesh and Rajasthan. At present the company’s capacity utilisation is around 70 percent in South India, which reported a flat growth, while All India demand grew by 6 percent.

On net plant realisation, he said, in third quarter it was Rs 3,360 as compared to Rs 3,460, a year ago. The drop was due to slow down in demand.

India Cements net profit dropped to Rs 26.12 crore in third quarter from Rs 56.31 crore, a year ago. Total income rose to Rs 1,083.88 crore from Rs 943.95 crore.

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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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