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18-20 per cent rise in cement sales volume

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According to ratings agency ICRA, the Indian cement industry’s sales volumes will increase by 18 to 20 per cent year on year in the 2022 financial year, surpassing pre-Covid-19 epidemic levels by 6 per cent. According to the Press Trust of India, gasoline and energy expenses increased by 31 per cent, raw materials costs increased by 12 per cent, and logistics costs increased by 5 per cent in the first nine months of the fiscal year 2022. This was compensated by a 5 per cent increase in net sales.

Concrete

Holcim UK drives sustainable construction

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Holcim UK has released a report titled ‘Making Sustainable Construction a Reality,’ outlining its five-fold commitment to a greener future. The company aims to focus on decarbonisation, circular economy principles, smarter building methods, community engagement, and integrating nature. Based on a survey of 2,000 people, only 41 per cent felt urban spaces in the UK are sustainably built. A significant majority (82 per cent) advocated for more green spaces, 69 per cent called for government leadership in sustainability, and 54 per cent saw businesses as key players. Additionally, 80 per cent of respondents stressed the need for greater transparency from companies regarding their environmental practices.

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Concrete

Cemex invests in AI optimisation through OPTIMITIVE

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Cemex, through its corporate venture arm Cemex Ventures, has announced a strategic investment in OPTIMITIVE, a company specialising in AI-powered industrial process optimisation. OPTIMITIVE’s flagship products, Optibat RTO and Optibat Studio, enable real-time, closed-loop control of critical manufacturing operations, delivering notable improvements in energy efficiency and system productivity. This collaboration aims to embed artificial intelligence into Cemex’s global operations, supporting the company’s ‘Future in Action’ programme—its ambitious roadmap to achieve net-zero CO2 emissions. The integration of AI will allow Cemex to reduce energy consumption and emissions.

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GCCA releases LCR system

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The Global Cement and Concrete Association (GCCA) has launched the Low Carbon Ratings (LCR) system for cement and concrete, a new global rating based on products’ carbon footprints. The system uses a clear AA to G scale to help customers prioritise sustainability in material selection across construction sectors worldwide. The GCCA says that the LCR system is designed to be easily recognisable, with a simple visual graphic that indicates a product’s rating and provides consistency and comparability to other products.

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