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RINL plans foray into cement business

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Rashtriya Ispat Nigam (RINL) is planning to set up a greenfield cement manufacturing plant with a capacity of 6 million tonne per annum (mtpa) in Vishakhapatnam. The unit will be built through a joint venture route at an estimated investment of Rs 3,000 crore. RINL is in the process of floating a global tender inviting expression of interests (EoIs) from companies having expertise and experience to be roped in as the partner for entering into the business.

The plan to venture into the cement business is aimed at proper utilisation of by-products such as fly ash and slag from its 2.9 mtpa steel plant. Almost all the 1.2 mtpa slag produced in the plant is now sold to the local cement manufactures, while fly ash is mostly used for earth-filling.

The company is also enhancing the capacity of the plant to 6.3 mtpa, which is likely to be completed next year. This would mean more slag and fly ash production. RINL wants to limit its role in the venture as a minority partner while awarding the majority stake to the proposed partner. This makes sense since the company does not have the necessary experience and exposure to run a cement plant.

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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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