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For better performance, property market has to improve

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Chetan Suri, Proprietor, Suri Paint & Hardware Store, Delhi
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.

We are located at Shalimar Baug in North Delhi. I am the second generation in the business started by my father in 1978. Today we are multi-brand dealers and working for Shriram Cement, Lafarge, Shree Cement, UltraTech etc. Our focus has been retail market. We also cater to institutional buyers to a limited extent. No business to us is coming from builders. Now monsoon has become active but still there is slight improvement in business for the last two weeks. Rates of cement are going go up by Rs 1-2 virtually every week.

For the transportation of cement, we have a railhead nearby from our shop and we have own trucks. We are extremely happy to work with Lafarge. It has more focus on the market since last year and does a lot of groundwork in the market which helps us to do business. The officers of Lafarge visit market and construction sites frequently, which generates demand for the product. Our monthly sale is around 3,000 bags. The market is not good now. For better performance, property market has to improve. Jobs like bridges and road will not impact us much. Whatever changes have happened in the last two years are good. I am proud to be associated with cement business.

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Concrete

Holcim UK drives sustainable construction

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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

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Concrete

GCCA releases LCR system

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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

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Concrete

FLSmidth opens eco-friendly plant in Casablanca

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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.

 

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