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Portland Cement Association applauds Trump’s Energy Independence Executive Order

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The Portland Cement Association (PCA) has issued a statement in response to US President Donald Trump’s Executive Order (EO) on energy independence. The EO instructs federal agencies to review and either revise or withdraw a number of actions taken by the Obama administration, including the Environmental Protection Agency’s (EPA) Clean Power Plan. The EO also immediately rescinds other federal policies, such as the social cost of carbon figures developed by the Interagency Working Group on Social Cost of Greenhouse Gases.

"PCA applauds President Trump for revisiting regulations that have a significant impact on the nation’s cement manufacturers, such as those in the EO issued," said PCA Executive Vice President Todd Johnston. "Over numerous objections from states, industry groups, and policy makers, EPA issued the Clean Power Plan in a manner that exceeded the agency’s statutory authority. The social cost of carbon figures were developed without necessary transparency and public input. All relevant stakeholders, including regulated industry, must have a voice in the development of national policies related to energy independence, including climate change. This should be done in a fair and open forum that relies on the best science available and conforms to existing law."

The US cement industry body’s statement says that it "recognises its critical role in sustaining American society, and takes this responsibility very seriously. PCA and its members are committed to the safe and efficient manufacture of high-quality products with minimal environmental footprint."

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Concrete

Shree Cement reports 2025 financial year results

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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/

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Concrete

Rekha Onteddu to become director at Sagar Cements

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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/

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Concrete

India’s cement consumption set to rise

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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/

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