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Pre-engineered building at JCB

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Interarch has delivered the largest pre-engineered building in Jaipur, Rajasthan for JCB India.
Interarch in 2014 designed, manufactured and delivered a fabrication shop and assembly shop for JCB India Ltd in Jaipur. The buildings are spread over the area of 30,400 sq m and 22,800 sq m, respectively.

The project is designed according to the latest IS design codes, IS 800: working stress design for both the buildings with consideration given to all the geographical data like wind velocity, seismic zone as per IS standard for every particular site. The lateral forces resulting from the seismic or wind loads are resisted by diagonal bracing and jack portals at intermediate column locations.

The design of the building was such that temperature was kept in control for monitoring the thermal expansion and contraction.

The expertise of Interarch design and engineering department reduced the engineering time of the fabrica?tion shop and assembly shop which were very complex due to functional requirement of the manufacturing and exceptional high loading required in the building. Interarch for the first time designed a building bearing heavy load of approximately 225 m hanging from the roof and for the column grid of 40 m x 24 m to take care of the high loads higher grade of steel 450 MPA has been used for the built up members.

Interarch certified builders and employees had to work under very stringent quality and safety conditions and had to deploy innovative solutions like the highest safety standard which were followed in line with the international standard to achieve zero accident and logistic and warehousing control at site to meet site standard norms. Daily tool box meeting to review the site status and way forward was done, regular quality check jointly with client was done and corrective measures to achieve the best quality in line with global standard were taken. The highest level of safety standard were showcased by the Interarch Project Management team at the site, achieving zero accident with over 150 skilled workers working at site. The hard work paid and the company delivered the largest pre-engineered building in Jaipur in record time with testimony and award from the largest EPC company in India. The project was completed in record period of six months.

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Concrete

Ramco Cements employee wins silver at Japan Para Badminton

He partnered with Paralympian Sukanth Kadam to win this medal.

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Dinesh Rajaiah, an employee of Ramco Cements, won Silver medal in the men’s doubles event in the Japan Para Badminton International 2024 held in Tokyo. He partnered with Paralympian Sukanth Kadam to win this medal. Notably Sukanth Kadam had finished 4th in the men’s singles in Paris Paralympic Games which concluded in September 2024.

Japan Para Badminton International 2024 was held in Tokyo from 22nd to 27th October 2024 where more than 200 players were in the fray.

Dinesh, despite suffering a shoulder injury and having his right shoulder heavily taped, treated the audience to a nail biting final. The duo was down 16-20 in the second set and fought back to take the game to the third set where they lost 16-21. Being the last match of the event, the pair won hearts of the audience for their never give up spirit.

Dinesh breaks into the top 15 in the BWF Para World Ranking in men’s singles category and is now ranked 14 in the world. Ramco Cements has been supporting Dinesh Rajaiah ever since he showed his talent in an inter unit tournament of Ramco Cements in 2017. The company had then encouraged him to take up professional badminton coaching and has been sponsoring him for all major international tournaments. Ramco Cements wishes Dinesh all success in future tournaments.

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Concrete

Asian Paints Sees 43.71% Profit Dip

Asian Paints reports significant profit decline in Q2.

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Asian Paints has reported a 43.71% year-on-year decline in its net profit for Q2 FY25, amounting to a substantial reduction in earnings. The leading paint manufacturer attributed this decline primarily to increased input costs, a competitive market environment, and a slowdown in consumer demand. Despite the lower profit, the company’s revenue saw a moderate increase, reflecting its ability to maintain strong market presence in the face of challenges.

The company’s margins have been impacted by rising raw material prices, particularly in key components used in paint production. Additionally, the ongoing economic conditions, coupled with sluggish demand in certain segments, have put pressure on profitability. However, Asian Paints remains optimistic about its long-term prospects, focusing on strategic innovations and expanding its market share in the premium product segments.

In response to these challenges, the company has reaffirmed its commitment to cost-efficiency and improving operational performance. Asian Paints continues to explore new avenues for growth, including enhancing its product portfolio and leveraging its extensive distribution network to drive sales across diverse consumer segments.

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Ambuja Cements seeks CCI approval to acquire majority stake in Orient

Ambuja Cements’ stake would rise to 72.8 per cent, as per the notice filed with the CCI.

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Billionaire Gautam Adani-led Ambuja Cements has sought approval from the Competition Commission of India (CCI) for the acquisition of a majority stake in CK Birla group firm Orient Cement in a deal worth Rs 81 billion.

According to a notice from the CCI, the proposed transaction involves a two-stage acquisition process, which was initiated through two share purchase agreements (SPAs) on October 22, 2024. As part of the deal, Ambuja Cements will initially acquire a 46.80 per cent stake in Orient Cement. This includes a 37.90 per cent stake from the current promoter group and an additional 8.90 per cent from certain public shareholders.

The notice further stated that following the acquisition of shares, an obligation would be triggered for the acquirer to make an open offer under the Sebi’s SAST (Substantial Acquisition of Shares and Takeovers) rules, aimed at acquiring up to 26 per cent of the expanded share capital of the target company. If the open offer is fully accepted, Ambuja Cements’ stake would rise to 72.8 per cent, as per the notice filed with the CCI.

In October, the Adani Group, led by Gautam Adani, had announced the signing of a binding agreement to acquire Orient Cement (OCL) at an equity value of Rs 81 billion. This acquisition would increase Adani Cement’s capacity by 16.6 million tonnes per annum (MTPA), which is operated through Ambuja Cements.

Ambuja Cements, part of the diversified Adani Group, is a leading cement and building materials company in India. It operates 22 integrated cement plants, 10 bulk cement terminals, and 21 grinding units across the country.

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