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Cement & Concrete Middle East

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21st – 23rd February, 2013 Cairo, Egypt Cement and Concrete Middle East is an exhibition regarding the latest equipment, technologies and services in the cement industry. The construction boom that is going all over the world has paved the way for the development of newer methods and equipments for cementing and concreting works. At this three day event, visitors will be able to take a closer look at the products and services offered by different companies in the cementat industry and can talk directly with the exhibitors and can make a right evaluation of the products. Website: www.arabiangerman.comInternational Conference on Rehabilitation and Restoration of Structures13th-16th February, 2013 Indian Institute of Technology, Chennai, India.The extension of the useful life of infrastructure, housing and other civil engineering constructions is of major concern around the world. Due to the environment action, accidental overloads, alterations in the use or layout, and ingress of water and other harmful substances, rehabilitation is almost always necessary during the service life of a constructed facility. As our infrastructure gets older and the demand on existing structures increases, rehabilitation often overtakes new construction in the priorities of users and engineers. Further, the restoration of heritage and historic structures requires the amalgamation of archeology, materials science and engineering to achieve the desired results. This conference will provide a forum for researchers, practicing engineers, material and systems suppliers, applicators and analysts working in these areas to exchange ideas and to network. Website: www.btcm2013.iitm.ac.in8th International Conference on Fracture Mechanics of Concrete and Concrete Structures10th -14th March 2013 Univ of Castilla-La Mancha, Ciudad Real, SpainThe activities of IA-FraMCoS provide great advances on new technological development in concrete materials and concrete structures. Among the important roles of IA-FraMCoS, the primary one is to organise the international conferences on a triennial basis to communicate and compile recent advances on the related subject areas. The major topics for FraMCoS-8 include recent advances in fracture mechanics of concrete, fracture and cracking behavior of reinforced and prestressed concrete structures, high-performance, high strength concretes and FRC, advances in structural design codes, structural monitoring and assessment, repair and retrofitting, practical applications, durability and corrosion-induced cracking, interface fracture and debonding phenomena. Website: http://www.framcos8.orgUKIERI Concrete Congress 5th – 8th March 2013 Jalendar, PunjabThe Organising Committee has much pleasure in forwarding the third brochure of the Congress showing all the papers for each of the six conferences and the Registration Form. Judging from the response, the Congress is expected to be a big international event with participants coming from 40 countries. Website: www.ukiericoncretecongress.comINTERCEM3rd – 5th March 2013 CairoINTERCEM announces their return to Cairo for the MENA meeting from 3rd- 5th March 2013. Despite the political upheavals of the Arab Spring and the uncertainty that pervades much of the region, Egypt remains a vibrant and growing cement market with plans to increase production substantially over the next decade and also gives an opportunity for networking. Tel: 0020 22524 5160/161/162Email: joseph_adel@starofegypt.com

Concrete

Ramco Cements employee wins silver at Japan Para Badminton

He partnered with Paralympian Sukanth Kadam to win this medal.

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Dinesh Rajaiah, an employee of Ramco Cements, won Silver medal in the men’s doubles event in the Japan Para Badminton International 2024 held in Tokyo. He partnered with Paralympian Sukanth Kadam to win this medal. Notably Sukanth Kadam had finished 4th in the men’s singles in Paris Paralympic Games which concluded in September 2024.

Japan Para Badminton International 2024 was held in Tokyo from 22nd to 27th October 2024 where more than 200 players were in the fray.

Dinesh, despite suffering a shoulder injury and having his right shoulder heavily taped, treated the audience to a nail biting final. The duo was down 16-20 in the second set and fought back to take the game to the third set where they lost 16-21. Being the last match of the event, the pair won hearts of the audience for their never give up spirit.

Dinesh breaks into the top 15 in the BWF Para World Ranking in men’s singles category and is now ranked 14 in the world. Ramco Cements has been supporting Dinesh Rajaiah ever since he showed his talent in an inter unit tournament of Ramco Cements in 2017. The company had then encouraged him to take up professional badminton coaching and has been sponsoring him for all major international tournaments. Ramco Cements wishes Dinesh all success in future tournaments.

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Concrete

Asian Paints Sees 43.71% Profit Dip

Asian Paints reports significant profit decline in Q2.

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Asian Paints has reported a 43.71% year-on-year decline in its net profit for Q2 FY25, amounting to a substantial reduction in earnings. The leading paint manufacturer attributed this decline primarily to increased input costs, a competitive market environment, and a slowdown in consumer demand. Despite the lower profit, the company’s revenue saw a moderate increase, reflecting its ability to maintain strong market presence in the face of challenges.

The company’s margins have been impacted by rising raw material prices, particularly in key components used in paint production. Additionally, the ongoing economic conditions, coupled with sluggish demand in certain segments, have put pressure on profitability. However, Asian Paints remains optimistic about its long-term prospects, focusing on strategic innovations and expanding its market share in the premium product segments.

In response to these challenges, the company has reaffirmed its commitment to cost-efficiency and improving operational performance. Asian Paints continues to explore new avenues for growth, including enhancing its product portfolio and leveraging its extensive distribution network to drive sales across diverse consumer segments.

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Concrete

Ambuja Cements seeks CCI approval to acquire majority stake in Orient

Ambuja Cements’ stake would rise to 72.8 per cent, as per the notice filed with the CCI.

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Billionaire Gautam Adani-led Ambuja Cements has sought approval from the Competition Commission of India (CCI) for the acquisition of a majority stake in CK Birla group firm Orient Cement in a deal worth Rs 81 billion.

According to a notice from the CCI, the proposed transaction involves a two-stage acquisition process, which was initiated through two share purchase agreements (SPAs) on October 22, 2024. As part of the deal, Ambuja Cements will initially acquire a 46.80 per cent stake in Orient Cement. This includes a 37.90 per cent stake from the current promoter group and an additional 8.90 per cent from certain public shareholders.

The notice further stated that following the acquisition of shares, an obligation would be triggered for the acquirer to make an open offer under the Sebi’s SAST (Substantial Acquisition of Shares and Takeovers) rules, aimed at acquiring up to 26 per cent of the expanded share capital of the target company. If the open offer is fully accepted, Ambuja Cements’ stake would rise to 72.8 per cent, as per the notice filed with the CCI.

In October, the Adani Group, led by Gautam Adani, had announced the signing of a binding agreement to acquire Orient Cement (OCL) at an equity value of Rs 81 billion. This acquisition would increase Adani Cement’s capacity by 16.6 million tonnes per annum (MTPA), which is operated through Ambuja Cements.

Ambuja Cements, part of the diversified Adani Group, is a leading cement and building materials company in India. It operates 22 integrated cement plants, 10 bulk cement terminals, and 21 grinding units across the country.

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