Economy & Market

Shree Cement orders 10 mills from Pfeiffer

Published

9 years ago

August 31, 2016

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Shree Cement has ordered 10 mills from Gebr Pfeiffer. This deal continues the cement producer?s expansion strategy across India through integrated cement and grinding plants.

Gebr Pfeiffer will supply MVR 6000 R-6 raw mills with capacities of about 550t/hr and an installed drive power of 6,700 kW each for the cement plants. These installations will come equipped with MPS 2800 BK type coal mills, each featuring a 720 kW drive and an integrated SLS BK classifier. MVR 6000 C-6 cement mills are planned to grind clinker and extenders at these cement plants or at grinding plants. These types of mills are already in successful operation at various sites belonging to Shree Cement. The cement producer currently runs 24 Pfeiffer mills.

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/