Economy & Market

Maharashtra to make roads using plastic waste

Published

9 years ago

August 9, 2016

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Maharashtra has planned to make roads using plastic waste in cities. It has decided on a pilot road construction project using shredded plastic.

"The initial target of the Public Works Department (PWD) is to construct 100 kilometres of roads in and around cities using this new technology," said a senior state PWD official.

"It will not only help dispose of plastic waste, but studies have shown that plastic can insulate tar from water. It will help in preventing damage to roads due to rainfall. So, we have decided to focus on urban areas because roads here are more prone to wear and tear," he added.

For now, the government has decided to use disposable plastic in road construction in all the municipal corporations, having a population of more than five lakh, and the municipal councils, having a population of more than two lakh.

Regional offices have been instructed to use plastic waste for road work in a 50-kilometre radius of these areas.

Concrete

Shree Cement reports 2025 financial year results

Published

4 days ago

June 17, 2025

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

Concrete

Rekha Onteddu to become director at Sagar Cements

Published

4 days ago

June 17, 2025

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

Concrete

India’s cement consumption set to rise

Published

4 days ago

June 17, 2025

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/