Economy & Market

Ramco plans to take capacity up to 20 MT by 2020

Published

4 years ago

October 21, 2021

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In line with its plans to become the top cement company in South India, The Tamil Nadu-based Ramco Cements Ltd., is set to increase its capacity to 20 million tonnes (MT) in 2020, from the present 12.5 MT.

The company has invested Rs 3,500 crore in brownfield and Greenfield capacity expansion. The company is set to commission its new plant in Odisha in October and another one in Kurnool by March 2021, said P R Venketrama Raja, chairman and MD of the company recently.

Ramco currently has strong presence in southern and eastern parts of the country with plants in Tami Nadu, Andhra Pradesh, West Bengal and the proposed one in Odisha. Raja, who was in Kochi for the launch of company’s new premium blended cement in Kerala, said that the company was expecting a 10 per cent rise in turnover from about Rs 5,000 crore in 2018-19."

The company has grown by about 20 per cent growth in 2019-19, on the back of 90 per cent capacity utilisation, which is higher than that of industry average. The company is the market leader in Kerala now with a 20 per cent share.

Concrete

Cement industry to gain from new infrastructure spending

Published

1 week ago

July 24, 2025

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

Concrete

AI boom drives demand, says ACA

Published

1 week ago

July 24, 2025

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The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

Image source:https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1zOrih.img?w=2000&h=1362&m=4&q=79

Concrete

GoldCrest Cement to build plant in India

Published

1 week ago

July 23, 2025

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GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.