Economy & Market

KHD awarded contract to install 3-string preheater at Shree Cement

Published

9 years ago

September 13, 2016

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Shree Cement has awarded KHD with new projects for three more kiln lines, each with a capacity of 6000t/day.
The first project is to come up at Shree’s Raipur plant. The second new line will be built in Karnataka using a three-string preheater with the following equipment from KHD: three-string, six-stage preheater, PRZ 9575; three-pier rotary kiln dia. 5.4/5.0m x 75m long; and a Pyrojet burner; Pyrostep clinker cooler, PSC 3-154.16T. The project commencement date was 2 September 2016. The third project, at a location to be announced, will also be built using the equipment mentioned above.
Shree Cement has implemented 11 KHD high-efficiency kiln lines and many grinding stations, including 10 KHD roller presses

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/