Economy & Market

Shree Cement to expand, orders for roller mills

Published

12 years ago

September 7, 2013

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Shree Cement has placed a massive order with Gebr. Pfeiffer SE for five vertical roller mills to grind cement, raw materials and petcoke/coal. The cement company is expanding its capacity across India by adding a greenfield plant in Chhattisgarh and a cement grinding unit in Bihar to better serve the east Indian market.

The order encompasses three MVR 6000 C-6 cement mills each with an installed drive power of 6700 kw, an MVR 6000 R-6 raw mill, also with 6,700 kw drive power, and an MPS 3070 BK suitable for grinding petcoke and/or coal.

The mill’s feature Gebr Pfeiffer’s ‘active redundancy’ concept, meaning the mill can be operated even when one or two of its rollers are removed for maintenance. Components of the tension system, the grinding roller bearings, as well as the drive are designed to be used in both the raw mill and the cement mills, enabling the plant to keep a pool of shared spare parts.

Shree Cement is using alternative raw materials such as flyash to reduce the CO2 emissions connected with cement production.

Concrete

Shree Cement reports 2025 financial year results

Published

4 days ago

June 17, 2025

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

Concrete

Rekha Onteddu to become director at Sagar Cements

Published

4 days ago

June 17, 2025

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

Concrete

India’s cement consumption set to rise

Published

4 days ago

June 17, 2025

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/