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Shree Cement begins commercial production at Baloda Bazar facility

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Baloda Bazar plant has a production capacity of 12,000 tons per day

On Monday, the cement major Shree Cement told the media that it began commercial production at the firm’s clinkerisation unit (kiln-3) at Baloda Bazar, near Raipur in Chhattisgarh.The plant has a production capacity of 12,000 tons per day (4.0 million tons per annum).Earlier on 16 March, the firm declared that it started a trial run of its new clinkerisation plant. The clinkerisation unit shall boost the firm’s clinker supply to its various grinding units in the Eastern region.Shree Cement is one of India’s leading three cement producers. Its portfolio of products comprises Shree Jung Rodhak Cement, Bangur Cement, Roofon and Rockstrong Cement.The Kolkata headquartered firm recorded a 23.6% decrease in consolidated net profit to Rs 482.70 crore in Q3 FY22 from Rs 631.58 crore posted in Q3 FY21. Net sales increased 2.2% to Rs 3,637.11 crore in Q3 FY22 over Q3 FY21.Shree Cement shares were trading at 0.7% lower to Rs 23,100 on Bombay Stock Exchange (BSE).Image Source


Also read: Shree Cement net profit declines 23.6% to Rs 482 cr in Q3 FY22

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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