Leaders of Indian cement industry brought together on single platform
The 8th Indian Cement Review Conference and 13th Cement Expo held in Hyderabad on 24th February, 2023 brought the thought leaders of Indian cement industry on a single platform to discuss the efforts towards sustainability and decarbonisation, with a laser focus on C.A.S.E. cost-efficiency, automation, skilling and energy-efficiency.
Indian Cement Review Conference
The day turned out to become the epicenter of the cement industry leaders wherein Shantanu Sharma, Brand Manager, ExxonMobil underscored the importance of taking assured steps towards sustainability. Dr Sriharsha Reddy, Director, IMT Hyderabad brought up a number of important issues pertaining to fund procurement through traditional methods and the challenges therein.
A high-octane panel discussion was revolved around C.A.S.E for sustainability and decarbonisation. It witnessed deep deliberations from Sudipta Ghosh, Partner, PwC; Dr BN Mohapatra, DG, NCCBM; KN Rao, Corporate Head, MY Home Industries; Manoj Rustgi, EVP & Chief Sustainability and Innovation Officer, JSW Cement; Manoj Vyas, LEAD – AFR Sourcing & BD, VICAT; Dr Sriharsha Reddy and Shantanu Sharma.
Saurabh Palsania, ED & Group Commercial Head, Dalmia Cement (Bharat) shared deep insights on carbon capture technology and how it can revolutionise the cement industry.
The event also witnessed showcasing of innovate products and services to revolutionise the cement and allied industries by various industry experts including Jayesh Patil, Asst. Manager, Flow Aids, Martin Engineering; Nischal Basavaraj, Regional Head – South, Liugong India; Sasi M Kumar, BDM – Cement, ExxonMobil; and S Chakravarti, MD, Ecodea Projects and Control.
The highlight of the day was the high-profile roundtable session, with the cement industry leaders sharing their rich views on demystifying digitalisation and maximising the value chain impact. This forum was participated by various influencers like Madhav Vemuri, Industry Digital Transformation Entrepreneur; Ashok Dembla, President & MD, KHD Humboldt Wedag; Ganesh Jirkuntwar, ED & Head Manufacturing, Dalmia Cement; Subhasis Chattopadhyay, Head – Projects, Birla Corporation; Karthick Raja, CIO, Orient Cement; SS Luthra, Global Cement Digital, ABB; and Vishal Bhargava, Associate Director, Global Industries, IBM.
On the cement logistics part, innovative supply chain strategies in the cement industry were shared by Gaurav Gautam, Head of Sales, Beumer Group, Raveen Reddy, CAO – Systems, Indian Railways; Praveen Garg, Sr VP – Logistics & Energy Sourcing, VICAT; and Vaibhav Agarwal, Research Analyst, PhillipCapital.
ICR Awards
Indian Cement Review Awards 2023 were presented to the fastest growing cement companies in various categories.
Large Category (over Rs 5000 cr turnover)
Ranking
Brand Name
1
UltraTech Cement
2
JK Cement
3
JK Lakshmi Cement
3
Dalmia Cement (Bharat)
Medium Category (between Rs 2000-5000 cr turnover)
Ranking
Brand Name
1
JSW Cement
2
Star Cement
Small Category (under Rs 2000cr turnover)
Ranking
Brand Name
1
Udaipur Cement Works
2
Shree Digvijay Cement
KC Jhanwar, MD, UltraTech stole the show as recipient of the ‘Man of the Year 2022-23’ award.
Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.
Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.
UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.
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