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cemX launches new credit feature in India

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cemX, India’s pioneer e-commerce cement firm, has joined hands with ZestMoney, to launch a first-of-its-kind holistic approach for quick and affordable EMI options for their end customers. This will be the first time when an EMI credit option shall be offered to any Building Material customer to cope up with the financing challenges of small and medium builders in Tier 2 and Tier 3 cities of India.

Ashutosh Kumar Jha (founder & CEO), cemX, said, "We are excited to have taken up this new opportunity for our e-purchasers. Our vision is to empower the community by enabling them easy to pay EMI options. This will immensely benefit the tier two and tier three customers by reducing their financial burdens while keeping their dream of building a house unimpaired."

Sourav Chakraborty (co-founder & CBO), cemX, said, "We are trying to ensure payment feasibility for our clients by introducing the credit options. This will not only help us enrich our clientele but will also unleash our clients’ financial predicaments."

The e-commerce store facilitates and aggregates cement procurement while ensuring cost-effectiveness for the BOP sections of tier 2 and tier 3 cities to provide hassle and bargain free cement deals. Through this partnership with ZestMoney, customers acquiring cement online will be able to overcome the inconveniences of bank loans seamlessly, thereby supporting the Indian MSME companies. The minimum amount of loan is as low as five thousand with a capping of two lakh, where the interest rate is 0.75 per cent per month.

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Concrete

CCU testbeds in Tamil Nadu

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Tamil Nadu is set to host one of India’s five national carbon capture and utilisation (CCU) testbeds, aimed at reducing CO2 emissions in the cement industry as part of the country’s 2070 net-zero goal, as per a news report. The facility will be based at UltraTech Cement’s Reddipalayam plant in Ariyalur, supported by IIT Madras and BITS Pilani. Backed by the Department of Science and Technology (DST), the project will pilot an oxygen-enriched kiln capable of capturing up to two tonnes of CO2 per day for conversion into concrete products. Additional testbeds are planned in Rajasthan, Odisha, and Andhra Pradesh, involving companies like JK Cement and Dalmia Cement. Union Minister Jitendra Singh confirmed that funding approvals are underway, with full implementation expected in 2025.

Image source:https://www.heavyequipmentguide.ca/

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Concrete

JSW Cement gears up for IPO

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JSW Cement has set the price range for its upcoming initial public offering(IPO) at US$1.58 to US$1.67 per share, aiming to raise approximately US$409 million. As reported in the news, around US$91 million from the proceeds will be directed towards partially financing a new integrated cement plant in Nagaur, Rajasthan. Additionally, the company plans to utilise US$59.2 million to repay or prepay existing debts. The remaining capital will be allocated for general corporate purposes.

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Concrete

Cement industry to gain from new infrastructure spending

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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/

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