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Turkey leads Cementir’s performance in first half of 2021

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Cementir?? revenue rose by 16.5 per cent year-on-year to Euro665 million in the first half of 2021 from Euro570m in the same period in 2020. Its cement and ready-mixed concrete sales volumes grew by 18.7 per cent to 5.46 mt and 31.4 per cent to 2.52 mm3 respectively. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 36.6 per cent to Euro134 million from Euro 97.8 million. The cement producer noted strong cement sales volumes performance in Turkey, Belgium and Denmark and good concrete sales volumes also in Turkey.

??espite the first half 2020 [when] results were affected by the lockdown due to Covid-19, during 2021 all the markets in which we operate are showing signs of vivacity and in particular Turkey is recovering significantly,” said chairman and chief executive officer Francesco Caltagirone Jr.

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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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