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GST may bring in competition among dealers

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– Ashok Jain, Managing Director, Jainum Infratrade

We have been dealers in cement business for more than 25 years and cater to the markets in Maharashtra. We represent different brands including ACC, UltraTech, JSW, Saurashtra Cement, Bharati Cement, and Gujarat Sidhee Cement. We also deal with lightweight concrete blocks and other supplementary building materials. In cement, we deal with all grades like, OPC 43, 53 and PPC. Most selling grades are OPC 53 and PPC. We have customers in bulk segments of developers and contractors, and don?t supply to retail market. Our monthly supply stands in the range of 2,500-3,000 tonne. We get necessary support from the cement companies in terms of negotiating with customers, expert advice, price negotiations, etc. Introduction of GST may help to transit business to other states, which will be good for cement companies to do business in various states with a uniform price structure. Introduction of GST may also increase competition among dealers. There are various financial issues affecting the infrastructure sector. If the government comes out with solution to these problems in the forthcoming budget, it would be a great help to the industry.

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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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