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Bedlam in Himachal assembly over high cement prices

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Cement price issue created a pandemonium in the Himachl Pradesh State Assembly recently. Not satisfied with the government’s reply, members of the opposition in the House had a heated argument with the minister concerned and later raised slogans against the government inside the House. They were pacified only when chief minister Virbhadra Singh made a statement, assuring the House that cement prices would be brought down.

The opposition members in the House said that despite cement units polluting environment in the state, cement was being sold at higher rates in Himachal as compared to other states. Is the government taking any step to reduce the price, one of the opposition members asked.

The State Minister for Food and Civil Supplies GS Bali replied that companies fix the rates and that the government’s intention is clear that they reduce the price as they are extracting natural resources from the state. A bag of cement is sold between Rs 295 and Rs 310 in Punjab, whereas in Himachal, the price ranges from Rs 310 to 340.

The truck unions are charging Rs 8.13 per tonne per km fare in Himachal, whereas in the neighbouring state, it is Rs 2.50, he said and added that the CM has formed a committee under industries minister Mukesh Agnihotri and the chief secretary and that negotiations are on to reduce the cement prices.

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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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