Connect with us

Concrete

Minister KT Rama Rao requests reopening of CCI cement plant

Published

on

Shares

Rao has urged the Central government to reopen the Cement Corporation of India’s (CCI) cement plant in Adilabad.

In a letter to the Union Finance Minister Nirmala Sitharaman and the Union Heavy Industries Minister Mahendra Nath Pandey, Rao mentioned that the unit spread over 772 acres, including a township on 170 acres, had all the necessary infrastructure and limestone reserves to the tune of 48 million tonnes for mining. In addition, it had an assured 2kVA power supply system and water availability to meet its production needs. Reopening of the Adilabad unit would go a long way in fortifying the country’s position as a leading cement manufacturer and the Centre should consider factors like scope for imports to Gulf countries and Africa in the coming days for reviving the activities of the cement plant. He also pointed out that demand for cement was expected to be high in the coming days and the State government had resolved to take up strengthening of roads and highways under Gati Shakti – National Master Plan scheme launched by Prime Minister Narendra Modi in October 2021.

Concrete

CCU testbeds in Tamil Nadu

Published

on

By

Shares



Tamil Nadu is set to host one of India’s five national carbon capture and utilisation (CCU) testbeds, aimed at reducing CO2 emissions in the cement industry as part of the country’s 2070 net-zero goal, as per a news report. The facility will be based at UltraTech Cement’s Reddipalayam plant in Ariyalur, supported by IIT Madras and BITS Pilani. Backed by the Department of Science and Technology (DST), the project will pilot an oxygen-enriched kiln capable of capturing up to two tonnes of CO2 per day for conversion into concrete products. Additional testbeds are planned in Rajasthan, Odisha, and Andhra Pradesh, involving companies like JK Cement and Dalmia Cement. Union Minister Jitendra Singh confirmed that funding approvals are underway, with full implementation expected in 2025.

Image source:https://www.heavyequipmentguide.ca/

Continue Reading

Concrete

JSW Cement gears up for IPO

Published

on

By

Shares



JSW Cement has set the price range for its upcoming initial public offering(IPO) at US$1.58 to US$1.67 per share, aiming to raise approximately US$409 million. As reported in the news, around US$91 million from the proceeds will be directed towards partially financing a new integrated cement plant in Nagaur, Rajasthan. Additionally, the company plans to utilise US$59.2 million to repay or prepay existing debts. The remaining capital will be allocated for general corporate purposes.

Continue Reading

Concrete

Cement industry to gain from new infrastructure spending

Published

on

By

Shares



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/

Continue Reading

Trending News