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Shree Cement sales down 16 per cent in Feb

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Shree Cement reported approximately 16 per cent decline in sales in February at 9.67 lakh tonne compared to a month ago in January 2013.

The Kolkata-based firm, has an annual 135 lakh tonne installed cement-manufacturing capacity. The company had sold 11.46 lakh tonne in January, 2013, it said its BSE filing. To add on its woes, the Shree Cements’s production also fell to 9.83 lakh tonne during the reporting month from 11.34 lakh tonnes during the month of January.

Shree Cement’s plants are located at Beawar, Ras, Khushkhera, Jobner and Suratgarh in Rajasthan and Laksar in Uttarakhand. It sells majority of the cement it produces in Northern India.

Currently, the stock is trading down 13.75 per cent from its 52-week high of Rs 4,800 and above 82.38 per cent over the 52-week low of Rs 2,270. The company however expects better results in the future.

Contact: Shree Cement.

Tel: 91 1462-228101-06.

Fax: 91 1462-228117/228119.

Website: www.shreecement.in

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Concrete

Holcim UK drives sustainable construction

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Holcim UK has released a report titled ‘Making Sustainable Construction a Reality,’ outlining its five-fold commitment to a greener future. The company aims to focus on decarbonisation, circular economy principles, smarter building methods, community engagement, and integrating nature. Based on a survey of 2,000 people, only 41 per cent felt urban spaces in the UK are sustainably built. A significant majority (82 per cent) advocated for more green spaces, 69 per cent called for government leadership in sustainability, and 54 per cent saw businesses as key players. Additionally, 80 per cent of respondents stressed the need for greater transparency from companies regarding their environmental practices.

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Concrete

GCCA releases LCR system

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The Global Cement and Concrete Association (GCCA) has launched the Low Carbon Ratings (LCR) system for cement and concrete, a new global rating based on products’ carbon footprints. The system uses a clear AA to G scale to help customers prioritise sustainability in material selection across construction sectors worldwide. The GCCA says that the LCR system is designed to be easily recognisable, with a simple visual graphic that indicates a product’s rating and provides consistency and comparability to other products.

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Concrete

FLSmidth opens eco-friendly plant in Casablanca

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FLSmidth has inaugurated a €21 million mill liner manufacturing plant in Casablanca, covering 11,250m² with a production capacity of 6,500 tonnes annually. The LEED-certified facility significantly reduces carbon emissions by up to 56 per cent and fully recycles water used in the manufacturing process. Up to 250 jobs will be created in the Valparaíso region. Mikko Keto, CEO, highlighted the plant as a symbol of FLSmidth’s commitment to sustainable mining and community engagement in South America. Earlier in 2024, the Denmark-based company announced plans to sell its cement division to sharpen its focus on mining operations.

 

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