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Concrete

Budget has done nothing much to real estate

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Ravindra Bhansali, Proprietor, Kamal Distributors
We cater to the market in Pune and have been in the business of cement dealership since 2001, almost over 13 years. We have brands of JK Cement, Rain Cement, Chettinad Cement and Sagar Cement. JK Super cement is the largest selling. Our customer base is a mix of contractors, developers, paver block manufacturers and retailers. Our monthly sales is on an average 1,500 tonne. We get support from the cement companies in terms of brand, transportation, etc. We promote the companies who have a reasonable brand value and good service support. For top brand, there is sales volume but margin is less, while in medium brands, the price range is also medium and we get better margin on sales.

For the past six months, the sales have gradually came down. Overall, Pune market depends on real estate and the sector is not doing well during the last six months. Due to this, our sales also came down by 20-25 per cent in this period. Budget has not done much to the industry, especially for the real estate there is nothing specific in the Budget. The real estate is passive and the Budget is also negative on the real estate sector.

Concrete

thyssenkrupp Polysius, SaltX partner for electrified production

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thyssenkrupp Polysius and Swedish startup SaltX have signed a Letter of Intent (LOI) to co-develop the next generation of electrified production facilities, advancing industrial decarbonisation. Their collaboration will integrate SaltX’s patented Electric Arc Calciner (EAC) technology into thyssenkrupp Polysius’ green system solutions, enabling electric calcination, replacing fossil fuels with renewable energy, and capturing CO2 for emission-free production. Dr Luc Rudowski, Head of Innovation, thyssenkrupp Polysius, emphasised that this partnership expands their portfolio of sustainable solutions, particularly in cement, lime, and Direct-Air-Capture (DAC). Lina Jorheden, CEO, SaltX, highlighted the significant CO2 reduction potential, reinforcing their commitment to sustainable industrial processes.

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Terra CO2 secures $82m to scale low-carbon cement technology

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Terra CO2, a US-based sustainable building materials company, has raised $82 million in Series B funding, co-led by Just Climate, Eagle Materials and GenZero, with continued support from Breakthrough Energy Ventures. The investment will accelerate the commercial deployment of Terra’s OPUS technology, enabling the construction of multiple production facilities across North America and Europe. With the cement industry responsible for 8 per cent of global CO2 emissions, Terra’s solution provides an immediate, scalable alternative using abundant raw materials that integrate seamlessly with existing infrastructure. The company has secured key partnerships, including a deal with Eagle Materials for multiple 240,000-tonne plants.

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Concrete

Titan Cement Group enters South Asia

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Titan Cement Group has expanded into the South Asian market through a joint venture with JAYCEE, an India-based producer of supplementary cementitious materials. Titan will hold a majority stake in the newly formed company, Atlas EcoSolutions, which will focus on sourcing, processing, marketing, and distributing SCMs globally. This initiative aims to support sustainable construction by promoting alternatives to clinker-based cement. Jean-Philippe Benard, Head of Supply Chain and Energy Development, emphasised that the venture aligns with Titan’s strategy to lead in low-carbon building materials while reinforcing its commitment to sustainability and innovation. The move strengthens Titan’s position in a high-growth market while ensuring long-term access to SCMs.

 

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