Economy & Market

Cement prices pick up in AP

Published

5 years ago

October 14, 2021

admin

In Andhra Pradesh, cement prices have picked up since mid-May. This signals recovery of the cement industry in the south during the current fiscal. Terming the reversal in prices in Andhra Pradesh as ‘a significant development, N Srinivasan, Vice- Chairman & MD of India Cements, said there is a decent chance the recovery will continue and expressed the hope that there will be stability in the marketplace for at least one year. The Andhra Pradesh market, he said, had seen prices slump to very low levels. The price recovery had enabled the company to raise the capacity utilisation to 77 per cent in the last two months or so; the capacity used during the same period last year was 67 per cent. Heidelberg cement prices go up Ashish Guha, CEO & MD of Heidelberg Cement, said that the company has raised cement prices by Rs 2-5 per 50 kg bag in some markets. The demand for the construction material has remained subdued and was not as buoyant as the company had expected. While the company expected a ten per cent increase in demand, the actual pick- up has been half that.

Concrete

WCA Welcomes SiloConnect as associate corporate member

Published

5 days ago

April 13, 2026

admin

The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

Published

5 days ago

April 13, 2026

admin

TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

Concrete

Cortec® Corporation applauded for its strong safety performance

Published

5 days ago

April 13, 2026

admin

Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.