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BAI seeks Cement Regulatory Authority to check cartelisation

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The Builders??Association of India (BAI) has written to Prime Minister Narendra Modi to constitute a regulatory authority for the cement sector on the lines of telecom and insurance industries to curb ??artelisation and undue profiteering?? It demanded that the Cement Regulatory Authority should be constituted on the lines of telecom, real estate and insurance sectors.

The association?? president Mu Moahan has stated that such a regulatory authority will prevent manufactures from ??ndulging in unethical trade practices, which have been causing irreparable damages to country?? economic growth and hurting the interest of the common man and in turn, the construction industry??

BAI noted that the cement industry was de-controlled in 1989 and de-licensed in 1991 under the policy of economic liberalisation. Decisions of installation of new plants are taken by the industry based on market demand. Mu Moahan said infrastructure and housing sectors being an enabler of economic growth and cement is the basic input for the construction sector.

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Concrete

Star Cement launches ‘Star Smart Building Solutions’

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Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

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Concrete

Nuvoco Vistas reports record quarterly EBITDA

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Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

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Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

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UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.

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