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Ambuja Cement bags award by NABARD

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Ambuja Cement Foundation (ACF), the CSR arm of Ambuja Cements, has been recognised with the ‘Best Project Implementation Agency’ award by NABARD for its work in the Watershed Development Projects in surrounding areas of Darlaghat. This award ceremony was organised by NABARD in February during the State Credit Seminar 2022-23 in Himachal Pradesh. As water scarcity stood as a challenge in these areas, ACF determined that a watershed development project would be the most effective solution to the issues of soil erosion, eradication of green cover, and reduction in agricultural produce in the region. Neeraj Akhoury, CEO India Holcim and MD & CEO of Ambuja Cements Ltd. said, “As a socially responsible organisation, development and progress of underprivileged communities has always been an integral aspect of our core philosophy. We aim to tackle the water scarcity issue in the region through partnerships to improve the lives of people in these communities. This recognition bestowed upon us by NABARD will further strengthen our commitment to build sustainable solutions for communities and contribute towards circular economies of the future.”

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Concrete

CCU testbeds in Tamil Nadu

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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.

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JSW Cement gears up for IPO

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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.

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Cement industry to gain from new infrastructure spending

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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/

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