Concrete

Cemex plans $925m in investments in 2021-23

Published

4 years ago

October 19, 2021

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Cemex is said to be investing US$925m in 2021 ??2023 in production capacity expansions and upgrades, as well as in other projects to improve financial margins. Chief executive officer Fernando Gonz?lez said at its Cemex Day 2021 business update that the company plans an expansion of 10 MT/year cement capacity consisting of an extra 7.5 MT/year in the Americas, 1.5 MT/year in the Philippines and 1.0 MT/year in Europe. As a result, Cemex expects a total increase in 2023 full-year profit of $520 million. The company plans to spend around $425m on the cement capacity additions and the remainder will go towards projects on urbanisation and its other business lines.

Strategic planning and business development executive vice president Jos? Gonz?lez said that the focus of the company is on high-growth metropolitan areas, where the company’s products and solutions nurture the urbanisation needs of these markets. These areas represent around 70 per cent of the population and around 80 per cent of the gross domestic product (GDP) of construction.

Concrete

Star Cement launches ‘Star Smart Building Solutions’

Published

5 days ago

June 17, 2025

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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/

Concrete

Nuvoco Vistas reports record quarterly EBITDA

Published

5 days ago

June 17, 2025

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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

Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

Published

5 days ago

June 17, 2025

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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.