Economy & Market

India’s cement production may rise 6.4% in FY13: CMIE

Published

13 years ago

February 24, 2013

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India’s cement production is likely to rise by 6.4 per cent this fiscal, following an estimated growth of 4.8 per cent in December-March 2013 quarter, Centre for Monitoring Indian Economy (CMIE) has said in its monthly review. CMIE said that cement production is likely to grow by 4.8 per cent between the December-March 2013 period.

The year 2012-13 is expected to end with a 6.4 per cent growth. The demand for cement is expected to improve as construction activity picks up in coming months. However, the growth may moderate as the effect of low base wanes.

The dispatches are also likely to rise at a similar pace as production, it said. Cement production rose by 7.3 per cent in October 2012 to 199.1 lakh tones. This was over a 1.5 per cent growth in the corresponding month a year ago.

When compared to September, production was nine per cent up during the month. During the April-October 2012 period, cement production grew by 8.4 per cent compared to 2.9 per cent in the year-ago period.

Low base and improved demand is likely to have aided the healthy growth in production. Cement prices have been showing an odd trend since the past few months. Unlike every year, prices remained strong during the monsoon.

In contrast, prices have declined post monsoon when they were expected to improve, CMIE said.

The prices were hovering around Rs 305 per 50 kg bag in December, 2012 as compared to Rs 323 per bag in July, 2012 and Rs 314 per bag in October, 2012. Weak demand due to subdued construction activity and capacity overhang in the industry are the reasons behind the fall in prices, CMIE said.

Concrete

WCA Welcomes SiloConnect as associate corporate member

Published

1 week ago

April 13, 2026

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The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

Published

1 week ago

April 13, 2026

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TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

Concrete

Cortec® Corporation applauded for its strong safety performance

Published

1 week ago

April 13, 2026

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Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.