Economy & Market

MS Dhoni makes his debut at India Cements board meeting

Published

8 years ago

January 12, 2018

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Mahendra Singh Dhoni demonstrated his corporate credential as he batted for India Cements at their board meeting. After captaining India on the cricket pitch, [this time] he padded up for India Cements. A charismatic leader, Dhoni was at all ease speaking on the company’s growth and plans in his avatar as the Vice President, Marketing, India Cements, at the company board meeting.

The meeting was to review the financial performance for the quarter and half year period ending September 30, 2018.

He said: "I am bullish on India Cements’ growth". During an earnings presentation, he said, "We at India Cements will reach 100 per cent capacity utilisation levels next year on the back of rising demand."

During his debut presentation at the board meeting, Dhoni also said since he has cut down on his duties for team India, he would give more time towards his India Cements’ responsibilities.

Oversupply, coupled with poor demand, spooked the cement industry in the South. India Cements operated its plants at 80 per cent of rated capacity for the September quarter. All-India cement demand grew an estimated 14 per cent this fiscal. The company has lined up fresh capacity expansion for a cement factory with annual capacity of 2.4 million tonne (MT) in Madhya Pradesh.

Top company executive were all charged up with the presence of MS Dhoni during the board meeting. "Dhoni is our greatest asset. He has already visited India Cements facilities – one in Banswara (Rajasthan) and at Sankar Nagar (Tamil Nadu)," said said, India Cements’ Vice-Chairman and Managing Director.

On his visit to the manufacturing facilities, Dhoni, clad in the company’s uniform, termed his visits to the manufacturing facilites "exciting." He said the visits helped him understand the process of cement manufacturing. N Srinivasan added: "The budget for this is Rs 900-1,000 crore, and we hope to fund it internally. Demand will outstrip supply soon."

Concrete

WCA Welcomes SiloConnect as associate corporate member

Published

1 day ago

April 13, 2026

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The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

Published

1 day ago

April 13, 2026

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TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

Concrete

Cortec® Corporation applauded for its strong safety performance

Published

1 day ago

April 13, 2026

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Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.