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Custom-Made Refractories

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Gilles Mercier, Director – International and MPI Sales, Wahl Refractory Solutions, talks about important aspects of refractory production and its correlation to the cement industry.

Wahl Refractory manufactures engineered refractory shapes. It is specific to solve the problems that cement manufacturers encounter. They focus on 100 per cent reliability on the products that sometimes can take a kiln down when not operational. Their target is to keep the kiln operational for as long as possible. If there is a section or equipment that is a problem or wears out fast, that’s where Wahl Refractory comes in.
Here are some of the important aspects of the refractories manufactured by the company and services provided therein:

  • There is no real-time monitoring for the equipment, because it is not possible. The nose ring of the refractory is not visible from the outside of the kiln, from where it is operated.
  • Typically, the longevity of the kiln is multiple campaigns or years. One could say the performance duration is about two years.
  • Each of our refractories are fully customisable. Each of the blocks are custom made for a customer.
  • In terms of sustainability of the manufacturing process of the refractories, there are limited things that can be done. In the production of their blocks, they have kilns and ovens where they burn natural gas. With computerised controls over the burning and cycles, they try to be as efficient as possible.
  • With their sister company in India, they are introducing their solutions to the Indian market. They are promoting their two main products, i.e., Tip Castings and TA Dapper as engineered solutions for the tertiary air duct. These products, if taken full campaign without stopping for refractory repairs, can add days of production to the calendar.

ABOUT THE AUTHOR:
Gilles Mercier, Director – International and Mineral Processing Industry Sales, Wahl Refractory Solutions, has a career steeped in the experience of working in the glass, ceramics and concrete industry. His experience is backed by strong business development and professional skills in sales, manufacturing, management and account management.

Concrete

NCLT approves Burnpur Cement’s capital reduction scheme

The move aims to optimise the capital structure of the company.

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The National Company Law Tribunal (NCLT), Kolkata, has approved Burnpur Cement Limited’s scheme for the reduction of capital, as outlined in an exchange filing by the company. The petition was filed under Section 66 of the Companies Act, 2013, in accordance with the National Company Law Tribunal (Procedure for Reduction of Share Capital of Companies) Rules, 2016.

The approved scheme involves reducing the company’s issued, subscribed, and paid-up equity share capital from Rs 86.12 crore, divided into 8,61,24,363 equity shares of Rs 10 each, to Rs 17.22 crore, divided into 1,72,24,873 equity shares of Rs 10 each, fully paid-up. The move aims to optimise the capital structure of the company.

The NCLT order specifies that the capital reduction will not affect any ongoing actions by government or regulatory authorities related to violations of any laws in force. Burnpur Cement is expected to file the certified copy of the order with the Registrar of Companies (RoC) in e-form INC-28.

The bench hearing the matter included D. Arvind (Technical Member) and Bidisha Banerjee (Judicial Member).

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Concrete

Cement manufacturers report margin decline in September quarter amid lower prices

The all-India average cement price saw a year-on-year decline of 11%

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Cement manufacturers have reported a decline in margins during the September quarter, primarily due to lower prices, which led to reduced sales realization. Smaller companies such as Nuvoco Vistas Corp, JK Cement, Birla Corporation, and Heidelberg Cement experienced a drop in both topline and sales volume. However, leading players like UltraTech Cement, Ambuja Cement, and Dalmia Bharat performed better, primarily due to several recent acquisitions that have bolstered their market position.

The industry faced challenges, including an extended monsoon, floods, and slow government demand, all of which contributed to weak market conditions. Despite these challenges, power, fuel, and other operational costs remained stable.

In terms of pricing, the all-India average cement price saw a year-on-year decline of 11% from ₹348 per 50 kg bag in June 2024 to ₹330 per bag in September, although it rose by 2% month-on-month. In FY25, the average cement price saw a 10% year-on-year reduction, down from ₹365 per bag in FY24.

UltraTech Cement reported a 68% capacity utilization and a 3% growth in sales volume, despite an 8.4% year-on-year decline in sales realization for grey cement. Similarly, Ambuja Cements saw a 9% increase in sales volume, reaching 14.2 million tonnes, but its EBITDA was 15% lower year-on-year at ₹1,074 crore due to lower price realizations.

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Concrete

JK Lakshmi Cement Posts Loss

JK Lakshmi Cement records ?19.24 crore loss.

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JK Lakshmi Cement reported a net loss of ?19.24 crore for the second quarter of FY25, reversing the previous year’s profits. The cement giant faced a challenging period, with rising input costs and subdued demand in certain markets impacting its financial performance. The company also noted a decline in sales volumes during the quarter, which further contributed to the loss.

Despite the tough quarter, the company remains optimistic about its long-term prospects, citing the ongoing demand for infrastructure development and the potential for recovery in key regions. The management is focusing on cost optimization strategies and exploring new markets to overcome the current challenges.

The net loss marks a significant deviation from the company’s usual profit trajectory, raising questions about the impact of macroeconomic factors and inflationary pressures on the cement sector as a whole. With raw material costs and transportation expenses climbing, the company is grappling with maintaining margins while trying to sustain its market position.

JK Lakshmi Cement’s management is working to boost operational efficiency and improve financial health in the coming quarters. Analysts are keenly observing whether the company will rebound in the second half of the fiscal year, as infrastructure projects and government spending are expected to provide support to the industry.

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