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March against asbestos

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Though its use is banned in most countries, the asbestos industry continues to thrive at the cost of putting millions of people at risk.

Asbestos has an uncanny habit of repeatedly making headlines. Recently, the Drug Controller General of India issued a show cause notice to Johnson & Johnson for its alleged use of asbestos in its talcum powder. In February this year, authorities imposed a fine of more than $40,000 after asbestos was found in the construction of a school in Michigan, usa. In New Zealand, a maternity home was demolished in March in Taupo District Council after officials detected asbestos materials. Asbestos has been used for different purposes since prehistoric times, but today the campaign against its use is building up, as exposure can lead to a wide range of diseases. When asbestos materials are damaged or broken during processing, the tiny fibres become airborne and can be easily inhaled at a significant rate. Once inhaled, asbestos fibres lodge in the lining of the throat, lung, or stomach, causing cells to mutate and become cancerous.

Well-documented effects
According to the World Health Organization (WHO), about 125 million people are directly exposed to asbestos in their workplace annually. More than one million workers die each year from an asbestos-related disease. In 2004, asbestos-related diseases such as lung cancer, mesothelioma and asbestosis from occupational exposure resulted in more than 1.5 million Disability Adjusted Life Years.

That’s why 60 countries have banned the use of this toxic material. Though the Supreme Court of India banned its use on January 21, 2011, it is still being widely used across India. The country uses about 3,50,000 tonnes of asbestos annually and the industry is growing by 12 per cent annually. More than 50 factories use chrysotile, also known as white asbestos, as an ingredient in cement roofing sheets, wall panels, pipes and other products. Asbestos deposits are found in Andhra Pradesh, Bihar, Jharkhand, Karnataka, Rajasthan and Manipur. Workers at cement factories in Ahmedabad, Hyderabad, Coimbatore and Mumbai are suffering from the lethal effects of asbestos. In these factories, the prevalence of asbestosis varies between 3 per cent and 5 per cent. Worse, India continues to import asbestos to be used in cement roofing sheets, cement piping, friction materials, textiles, insulation and even railways and armed forces. Moreover, asbestos products carry no health warning labels and trade unions have no mandate to prevent asbestos-related disease at workplaces. In fact, asbestos related-diseases are never diagnosed but simply labelled as tuberculosis or bronchitis. As long as the state governments and Union Territories have no mechanism to prove that lung cancer deaths and other severe conditions are being caused by asbestos exposure, the Indian asbestos industry could not care less about global efforts to completely eliminate this deadly material.

Trials continue
Russia remains the world’s largest producer of asbestos. The major mines are situated in Asbest, a city located on the eastern slopes of the Ural Mountains, once known as the "dying city" due to its high rate of lung cancer and other asbestos-related conditions. Russia provides most of the asbestos to the world market, including for the US.

Ironically, its use is legal in the US. "By allowing asbestos to remain legal, the Trump administration would be responsible for the flood of asbestos imports from Russia and other countries into the US, as well as the wave of illnesses and deaths that will continue for years to come," says Linda Reinstein, CEO and Co-Founder of the Asbestos Disease Awareness Organization, a non-profit based in California, USA. The legal claims for injuries from asbestos exposure in the US involve more plaintiffs, more defendants and higher costs than any other type of personal injury litigation. By the beginning of 2001, about 6,00,000 individuals had filed lawsuits against more than 6,000 defendants. The total amount that defendants and insurers have spent on resolving claims, including legal costs, is estimated to be $54 billion. The victims say they suffer from lung problems caused by repeated exposure to asbestos on their jobs.

The cases with the greatest potential liability involve mesothelioma and lung cancer. How much money can be awarded in a lawsuit depends on many factors, such as the medical evidence that confirms the diagnosis, the degree of injury, the actual and potential losses, and the financial resources of the company liable for the asbestos exposure.

Since the 1980s and continuing through the present, a number of companies who were defendants in asbestos litigation quickly sought to limit their losses by filing for bankruptcy protection. Specifically, this is a legal process which allows a company to re-organise in a bankruptcy proceeding, put money aside for present and future asbestos liabilities, and, then exit bankruptcy and continue to do business. For instance, Johns-Manville declared bankruptcy decades ago and set up a bankruptcy trust to pay victims of asbestos-related diseases. Soon the company exited bankruptcy and continued to operate as a business with products that can be seen in building supply stores across the country.

About ther auther Gregory A Cade is the principal attorney at US-based Environmental Litigation Group, PC, a law firm focused on asbestos exposure cases, toxic exposure cases and environmental cases)

(This article was first published in Down To Earth’s print edition dated April 1-15, 2019)

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Economy & Market

Hindalco Buys US Speciality Alumina Firm for $125 Million

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This strategic acquisition marks a significant investment in speciality alumina, a key step by Aditya Birla Group’s metals flagship towards becoming future-ready by scaling its high-value, technology-led materials portfolio.

Hindalco Industries, the world’s largest aluminium company by revenue and the metals flagship of the $28 billion Aditya Birla Group, has announced the acquisition of a 100 per cent equity stake in US-based AluChem Companies—a prominent manufacturer of speciality alumina—for an enterprise value of $125 million. The transaction will be executed through Aditya Holdings, a wholly owned subsidiary.

This acquisition represents a pivotal investment in speciality alumina and advances Hindalco’s strategy to expand its high-value, technology-led materials portfolio.

Hindalco’s speciality alumina business, a key pillar of its value-added strategy, has delivered consistent double-digit growth in recent years. It has emerged as a high-growth, high-margin vertical within the company’s portfolio. As speciality alumina finds expanding applications across electric mobility, semiconductors, and precision ceramics, the deal positions Hindalco further up the innovation curve, enabling next-generation alumina solutions and value-accretive growth.

Kumar Mangalam Birla, Chairman of Aditya Birla Group, called the acquisition an important step in their global strategy to build a leadership position in value-added, high-tech materials.

“Our strategic foray into the speciality alumina space will not only accelerate the development of future-ready, sustainable solutions but also open new pathways to pursue high-impact growth opportunities. By integrating advanced technologies into our value chain, we are reinforcing our commitment to self-reliance, import substitution, and building scale in innovation-led businesses.”

Ronald P Zapletal, Founder, AluChem Companies, said the partnership with Hindalco would provide AluChem the ability and capital to scale up faster and build scale in North America.

“AluChem will benefit from their world-class sustainability and safety standards and practices, access to integrated operations and a consistent, reliable raw material supply chain. Their ability to leverage R&D capabilities and a talented workforce adds tremendous value to our innovation pipeline, helping drive market expansion beyond North America.”

An Eye on the Future

The global speciality alumina market is projected to grow significantly, with rising demand for tailored solutions in sectors such as ceramics, electronics, aerospace, and medical applications. Hindalco currently operates 500,000 tonnes of speciality alumina capacity and aims to scale this up to 1 million tonnes by FY2030.

Commenting on the development, Satish Pai, Managing Director, Hindalco Industries, said the deal reinforced their commitment to innovation and global expansion.

“As alumina gains increasing relevance in critical and clean-tech sectors, AluChem’s advanced chemistry capabilities will significantly enhance our ability to serve these fast-evolving markets. Importantly, it deepens our high-value-added portfolio with differentiated products that drive profitability and strengthen our global competitiveness.”

AluChem adds a strong North American presence to Hindalco’s portfolio, with an annual capacity of 60,000 tonnes across three advanced manufacturing facilities in Ohio and Arkansas. The company is a long-standing supplier of ultra-low soda calcined and tabular alumina, materials prized for their thermal and mechanical stability and widely used in precision engineering and high-performance refractories.

Saurabh Khedekar, CEO of the Alumina Business at Hindalco Industries, said the acquisition unlocked immediate synergies, including market access and portfolio diversification.

“Hindalco plans to work with AluChem’s high performance technology solutions and scale up production of ultra-low soda alumina products to drive a larger global market share.”

The transaction is expected to close in the upcoming quarter, subject to customary closing conditions and regulatory approvals.

 

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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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