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The Who´s Who in the world of concrete come down to India

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ICACI had organised a two-day event on December 18th and 19th, 2015, to commemorate Late RN Raikar, who had during his lifetime consistently striven to honour persons of Indian origin making exemplary contributions to the field of concrete. In this second edition, the conference felicitated two concrete stalwarts – Prof Nemkumar Banthia and Prof P A Muhammed Basheer by organizing the Banthia-Basheer International Symposium during the two-day concrete event.

In December 2015, engineers, scientists, professors, students, government officials, and industry leaders thronged the Majestic Hall of The Lalit, Mumbai, as the 2nd edition of the R N Raikar Memorial International Conference mesmerised an audience of over 600-plus technocrats from around 30 nations, including host country India.

Some of the countries participating in the event included the USA, Canada and Mexico from the Americas, the UK, Italy, France, Spain, Norway, the Netherlands and Turkey from Europe; UAE, Israel and Oman from the Middle East; Egypt from Africa; India, Bangladesh, Nepal from the Indian subcontinent; and Korea, Singapore, China, Thailand, Australia and Japan from the Far East.

Prof Banthia has actively pursued research in the areas of cement-based and polymer-based fibre-reinforced composites. He has developed a number of novel fibres for concrete and shotcrete reinforcement that are now being used in numerous large projects around the world. Prof Basheer is most known for his seminal research on concrete materials. His patents have been successfully utilised worldwide by two spin-out companies. Both experts were felicitated for their contribution to education, research and technology transfer in the field of concrete and concrete structures. The R N Raikar Memorial International Conference and the Banthia-Basheer International Symposium on Concrete Technology was organised by the India Chapter of American Concrete Institute (ICACI) and sponsored by the parent body, the American Concrete Institute (ACI). It had widespread appeal with top institutions too lending their support such as the Institute of Concrete Technology, London; Asian Concrete Foundation; Instituto Mexicano del Cemento y del Concreto, Mexico; Leeds University UK; Japan Concrete Institute; Korea Concrete Institute; International Union of Laboratories & Experts in Construction Materials, Systems and Structures, France; Federation of Indian Chambers of Commerce & Industry (FICCI); Builders Association of India; Indian Concrete Institute; and Institute for Research, Development and Training of Construction Trade and Management, Bangalore.

Conference Chair Dr Surendra Manjrekar noted: "Indian leadership in cement and construction industry is crucial for global sustainable development. Thus the creation of this ?Expressway? of knowledge transfer assumes great importance. All our international delegates are essentially ?technocrat ambassadors? of their respective countries, and together we are creating an information pool to be handed over to our respective government bodies and private nation-builders as a ready reckoner to assist in policy making."

ICACI constituted an International Scientific Committee to vet the technical papers for the conference document. In a first, ICACI also set up a separate international editorial board to evaluate technical submissions by various participating countries, including India, for inclusion in the international journals of Construction & Building Materials (UK) and Cement and Concrete Research (USA).

ICACI President Pankaj Shah said: "The biennial R N Raikar Memorial International Conference gets bigger and better with every new edition. If in 2013 we were delighted by the response the conference generated in its debut edition, in this edition we are simply overwhelmed by the unprecedented levels of participation from all sections of the concrete world. There has been a very big representation of the student and young engineering community this time, signalling their robust intent to harness today?s technological advances for tomorrow?s gain."

Since the successful conclusion of the conference, ICACI has been continuously receiving compliments. Talal Mohammed Al Azri from the Sultanate of Oman stated: "The Oman delegation is thankful to ICACI for giving us an opportunity to participate in a conference of such importance and international representation. In conclusion I would like to say that our delegation found this conference to be much better than other international conferences."

Prof Alejandro Dur?n-Herrera, Director, Board of Direction, ACI, noted: "I congratulate the entire ICACI team for the successful implementation of the R N Raikar Memorial International Conference and Banthia-Basheer International Symposium on Concrete Technology. The conference had three sessions running in parallel, a testimony to the importance given by both speakers and audiences to this event.

Prof John Bolander from the Department of Civil & Environmental Engineering, University of California added: "The second edition of the R N Raikar Memorial International Conference was a grand success and a tremendous experience for me. On a personal note, this was my first visit to India and I thoroughly enjoyed it." Michael Grantham, President of the Institute of Concrete Technology, UK, said, "I offer my heartfelt appreciation to the ICACI team for the seamless arrangements and the wonderful hospitality it showed me and all the international visitors to the conference. I will most certainly be returning to India for another visit and have bookmarked your next conference as a ?must visit?."

ACI was founded in 1904 as a non-profit membership organisation dedicated to public service. It gathers and distributes information on the improvement of design, construction and maintenance of concrete products and structures.

Its India Chapter (ICACI) is in its 37th year. Raikar was one of the founding members of the India Chapter.

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Concrete

Nuvoco Vistas Reports Record Q2 EBITDA, Expands Capacity to 35 MTPA

Cement Major Nuvoco Posts Rs 3.71 bn EBITDA in Q2 FY26

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Nuvoco Vistas Corp. Ltd., one of India’s leading building materials companies, has reported its highest-ever second-quarter consolidated EBITDA of Rs 3.71 billion for Q2 FY26, reflecting an 8% year-on-year revenue growth to Rs 24.58 billion. Cement sales volume stood at 4.3 MMT during the quarter, driven by robust demand and a rising share of premium products, which reached an all-time high of 44%.

The company continued its deleveraging journey, reducing like-to-like net debt by Rs 10.09 billion year-on-year to Rs 34.92 billion. Commenting on the performance, Jayakumar Krishnaswamy, Managing Director, said, “Despite macro headwinds, disciplined execution and focus on premiumisation helped us achieve record performance. We remain confident in our structural growth trajectory.”

Nuvoco’s capacity expansion plans remain on track, with refurbishment of the Vadraj Cement facility progressing towards operationalisation by Q3 FY27. In addition, the company’s 4 MTPA phased expansion in eastern India, expected between December 2025 and March 2027, will raise its total cement capacity to 35 MTPA by FY27.

Reinforcing its sustainability credentials, Nuvoco continues to lead the sector with one of the lowest carbon emission intensities at 453.8 kg CO? per tonne of cementitious material.

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Concrete

Jindal Stainless to Invest $150 Mn in Odisha Metal Recovery Plant

New Jajpur facility to double metal recovery capacity and cut emissions

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Jindal Stainless Limited has announced an investment of $150 million to build and operate a new wet milling plant in Jajpur, Odisha, aimed at doubling its capacity to recover metal from industrial waste. The project is being developed in partnership with Harsco Environmental under a 15-year agreement.

The facility will enable the recovery of valuable metals from slag and other waste materials, significantly improving resource efficiency and reducing environmental impact. The initiative aligns with Jindal Stainless’s sustainability roadmap, which focuses on circular economy practices and low-carbon operations.

In financial year 2025, the company reduced its carbon footprint by about 14 per cent through key decarbonisation initiatives, including commissioning India’s first green hydrogen plant for stainless steel production and setting up the country’s largest captive solar energy plant within a single industrial campus in Odisha.

Shares of Jindal Stainless rose 1.8 per cent to Rs 789.4 per share following the announcement, extending a 5 per cent gain over the past month.

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Concrete

Vedanta gets CCI Approval for Rs 17,000 MnJaiprakash buyout

Acquisition marks Vedanta’s expansion into cement, real estate, and infra

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Vedanta Limited has received approval from the Competition Commission of India (CCI) to acquire Jaiprakash Associates Limited (JAL) for approximately Rs 17,000 million under the Insolvency and Bankruptcy Code (IBC) process. The move marks Vedanta’s strategic expansion beyond its core mining and metals portfolio into cement, real estate, and infrastructure sectors.

Once the flagship of the Jaypee Group, JAL has faced severe financial distress with creditors’ claims exceeding Rs 59,000 million. Vedanta emerged as the preferred bidder in a competitive auction, outbidding the Adani Group with an overall offer of Rs 17,000 million, equivalent to Rs 12,505 million in net present value terms. The payment structure involves an upfront settlement of around Rs 3,800 million, followed by annual instalments of Rs 2,500–3,000 million over five years.

The National Asset Reconstruction Company Limited (NARCL), which acquired the group’s stressed loans from a State Bank of India-led consortium, now leads the creditor committee. Lenders are expected to take a haircut of around 71 per cent based on Vedanta’s offer. Despite approvals for other bidders, Vedanta’s proposal stood out as the most viable resolution plan, paving the way for the company’s diversification into new business verticals.

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