Economy & Market

UP cement traders protest mining ban

Published

8 years ago

April 26, 2017

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After the crackdown on illegal mining in Uttar Pradesh, the state’s realty estate sector has felt the brunt, due to the shortage of sand, gravel, and other construction material.
The ban has dried up supplies of construction material; both organized and unorganized construction activities have witnessed a fall. The Kanpur-based UP Cement Dealers’ Association has warned that it will "stage demonstrations" if the supply of construction material is not regularized within a week. The industry body claimed that cement traders had been "booking huge losses" with construction activity "coming to a virtual halt" in the state.
The Allahabad High Court had come down hard on illegal mining; the authorities started taking action after the election dates had been announced for the 2017 UP polls. On 5 April, Uttar Pradesh had constituted a Group of Ministers chaired by Deputy CM Keshav Prasad Maurya to suggest the way forward to curb illegal mining.

Concrete

Cement industry to gain from new infrastructure spending

Published

7 days ago

July 24, 2025

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

Concrete

AI boom drives demand, says ACA

Published

7 days ago

July 24, 2025

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The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

Image source:https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1zOrih.img?w=2000&h=1362&m=4&q=79

Concrete

GoldCrest Cement to build plant in India

Published

1 week ago

July 23, 2025

admin

GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.