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Concrete

We have been seeing good demand due to building of dams, roads, bridges etc

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We have been seeing good demand due to building of dams, roads, bridges etc – Bhupendra, Proprietor, V.B. Corporation

We have been cement dealers catering to the Gujarat region from the last three-and-a-half years now. Our orders come primarily from the Rajkot and Bhavnagar area. We dispatch around 2000 tonnes of cement every month, most of which goes to government projects. We have been seeing good demand due to building of dams, roads, bridges, etc. The year 2013 showed a slight decline in demand due to rains but that was manageable. Overall now in 2014, the business is picking up again. Here in Gujarat, we are not facing much of sand shortage. Gujarat and Rajasthan are two areas where there will never be any shortage of raw materials as these areas have abundant resources. Gujarat has mega-scale plants to support the growing demand. As a result, we are able to sell the cement at 5 Rs per kg. At Rs 5-6 per kg, cement is the cheapest raw material available for the construction industry.

We are not very excited by the Budget. In my opinion, it was drafted only to bring about a feel good factor in the public forum. The industry and the manufacturing sector is not that happy about it.

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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