Economy & Market

Situation for business in the coming years will improve

Published

10 years ago

May 31, 2015

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Rupesh Kumar Agrawal,
Proprietor, R.K. Enterprises, Jharkhand.
ICR is constantly in contact with cement dealers, who are vital link in business process between cement producers and the end users. A dealer understands the market better than any one else through financial transactions. In view of the new government in place for nearly a year, a tax regulation like that of GST on threshold and mega mergers, acquisitions happening in the cement industry, a dealer becomes a crucial channel member to provide insights on various aspects referred above. Here are their responses.
R.K. Enterprises operating at Ramgarh Cantonment area of Jharkhand. Agarwal is a multi brand retailer selling around 1500 tonne of cement every month. Along with cement he is agent for Berger Paints and Exide inverter batteries. The cement brands he is selling are Ambuja, Lafarge, UltraTech, Relaince, Dalmia and Jai Prakash. He is of the opinion that this year the volume of sale is lower than that of last year but he is quite hopeful that it will pick in the coming months. He is of the opinion that the new government in the centre needs to be given some time to settle. Situation for business in the coming years will improve. Agarwal mainly caters to the IHB (individual house builder) segment of market, which predominantly slag cement market. OPC 43 and 53 grade cement is exclusively given to projects by the companies. He delivers up to 50 km radius. The material delivery is prompt and on time either by road or by rail. For lat twenty years he follows computerised billing system. We welcomes new technologies. On GST he is more than willing to accept it. New cement companies are coming like Binani, Star. Then the merger of Holcim and Lafarge happening but that will not reduce the competition on the other hand it will increase.

Concrete

Holcim UK drives sustainable construction

Published

2 weeks 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

2 weeks 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

2 weeks 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.