Economy & Market

Big companies to sell cement at Rs 125 a bag

Published

11 years ago

October 28, 2014

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Following the announcement of building cement concrete roads by the Transport Minister, Nitin Gadkari, cement manufactureres have promptly offered cement at discounted price.Over three dozen cement manufacturers have offered to supply cement for as low as 125 a bag to the governmemnt for infrastructure development. On an average, the price tag of Rs 180-190 a bag is a whooping discount, of 30 per cent from the market price of Rs 270-300 for a 50 kg bag. Leading companies including ACC, Ambuja, Jaypee, UltraTech, Reliance, etc., have participated in the bids and quoted prices at over 200 factory outlets spread all over the country. Participating companies will have to give a bank guarantee of Rs 10 lakh each, which will be forfited if they do not supply cement at the price quoted by them.

Initially, the transport ministry was to enter in a long-term contract with cement manufacturers and reduce cement price volatility. Since the government cannot get private road building companies to buy cement at these prices, it has now decided to make these quoted prices public to ensure transperancy.

The heavy discounts make the cement concrete roads commercially attractive in comparison to bitumen roads. Cement concrete roads don’t need maintenance for 15-20 years, so the overall investment will come down drastically in the long term.

Concrete

Holcim UK drives sustainable construction

Published

1 week ago

May 13, 2025

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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.

Image source:holcim

Concrete

GCCA releases LCR system

Published

1 week ago

May 13, 2025

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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.

Image source:highways.today

Concrete

FLSmidth opens eco-friendly plant in Casablanca

Published

1 week ago

May 13, 2025

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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.