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Realty body’s NCR chapter to boycott Shree Cement due to price hikes

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The NCR chapter of the Confede?ration of Real Estate Developers’ Associations of India has decided to boycott Shree Cement on complaints alleging arbitrary price increases and creating a shortage of the building material. The real estate industry body also plans to file a complaint with the Competition Commission of India.
"Shree Cement is arbitrarily increa?sing prices and stopping supply in between, demanding a price revision, despite taking an advance. This is unacceptable to us and we have asked our members to boycott the company," a CREDAI NCR spokesperson said. The builder body alleged that manufacturers are creating a false shortage. "Through excuses such as plant not functioning properly, issues with transportation, etc., these companies are not meeting the delivery deadlines, thereby affecting the builders’ constru?ction timelines," the spokesperson said.
CREDAI’s Western UP chapter has complained of cartelisation, with companies increasing prices from Rs 190 per bag to Rs 300 per bag in the past four months and delaying delivery.

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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.

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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.

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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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