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We are committed to improving the energy efficiency of our products

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Krishnaraj Sreedharan, Head of Customer Service, Flender India, talks about latest innovations and modernisation of their product lines to help improve cement processes.

Tell us about the role of geared drives in cement plant machinery.
The manufacturing of cement involves an elaborate process, starting from the mining of necessary mineral resources to the processing of these minerals to obtain the final products with desired physical and chemical properties. In this process, rotary geared drive systems
play a crucial role in powering heavy-duty critical equipment that operates under harsh conditions and heavy loads. These systems are utilised for various applications such as crushing, grinding, melting, mixing and conveying.

Tell us about the portfolio of drive products that you offer to the cement industry.
Flender provides a wide range of mechanical power transmission products that are extensively used to drive various types of rotary equipment in the cement industry. Our product portfolio is primarily divided into gear units, couplings and drive systems. This comprehensive range includes standard catalog series products, application-specific standardised products and highly engineered products tailored to meet the specific requirements of individual projects.

As machinery in cement plants is advancing with time, how do you accommodate the change in drive components for the betterment of functionality in cement plants?
Over the years, as the cement manufacturing process and equipment have advanced, Flender has continuously invested in innovative product designs and the modernisation of existing product lines. We are committed to improving the energy efficiency and environmental friendliness of our products and manufacturing processes, while adhering to the highest quality standards and global sustainability goals.

How can Flender products and services help cement manufacturers achieve better productivity and energy efficiency?
The outstanding feature of Flender products has always been their high operational reliability, which ensures maximum equipment availability and delivers optimal output. With over a century of experience serving the industry and leveraging our extensive application knowledge pool, we have optimised our drive solutions to minimise transmission losses. Our wide range of products and sizes allows us to closely match the technical requirements of various applications, eliminating the risk of drive underutilisation. Our customer service team excels in providing comprehensive support, including reengineering, multi-brand retrofit, and repair services. We recognise the significance of optimising output and extending the operational life of equipment for our valued customers.

Which machinery of the cement plant is the most challenging and how do you overcome the challenge?
One of the most crucial and demanding drive applications in cement manufacturing is the pre and post clinkerisation grinding process, which involves high energy consumption and heavy impact loads. When it comes to grinding mill applications like Vertical Roller Mills, Tube Mills or High-Pressure Grinding Roll Mills, Flender drive solutions guarantee optimal equipment availability. Our proactive preventive maintenance measures, along with offline and online condition monitoring systems (CMS), effectively prevent unscheduled equipment downtime and facilitate utilisation of residual life of the drive components. These systems also provide plant operators with real-time information about the operational condition of the drive, enabling them to plan maintenance activities well in advance.

How often do you service and audit your installations at the cement plant?
Flender drive solutions for critical applications are equipped with factory-fitted CMS or can be easily adapted to accommodate monitoring equipment available at the installation site. At our Chennai plant location, we have established a remote condition monitoring hub that is connected to a significant number of our mill drive installations. Our dedicated team of experts provides real-time monitoring support, collects and analyses drive condition data and offers valuable insights and consultation to site maintenance teams. By leveraging proactive information, we assist in maximising equipment uptime and utilisation. Through our standard and customised maintenance programmes, we offer our customers a wide range of service solutions tailored to their specific operational needs. This enables us to effectively assist our customers in maintaining the largest global installed base of our products in the cement industry.

Tell us about the upcoming innovations from Flender that would be beneficial for cement plants?
Flender’s latest innovation introduces a product line of standard gear units that showcases a completely new design, surpassing the limitations of conventional gear engineering and manufacturing. This breakthrough is accompanied by a state-of-the-art advanced monitoring system, which is far superior to other solutions currently available in the industry.

Concrete

Construction Costs Rise 11% in 2024, Driven by Labour Expenses

Cement Prices Decline 15%, But Labour Costs Surge by 25%

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The cost of construction in India increased by 11% over the past year, primarily driven by a 25% rise in labour expenses, according to Colliers India. While prices of key materials like cement dropped by 15% and steel saw a marginal 1% decrease, the surge in labour costs stretched construction budgets across sectors.

“Labour, which constitutes over a quarter of construction costs, has seen significant inflation due to the demand for skilled workers and associated training and compliance costs,” said Badal Yagnik, CEO of Colliers India.

The residential segment experienced the sharpest cost escalation due to a growing focus on quality construction and demand for gated communities. Meanwhile, commercial and industrial real estate remained resilient, with 37 million square feet of office space and 22 million square feet of warehousing space completed in the first nine months of 2024.

“Despite rising costs, investments in automation and training are helping developers address manpower challenges and streamline project timelines,” said Vimal Nadar, senior director at Colliers India.

With labour costs continuing to influence overall construction expenses, developers are exploring strategies to optimize operations and mitigate rising costs.

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Concrete

Swiss Steel to Cut 800 Jobs

Job cuts due to weak demand

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Swiss Steel has announced plans to cut 800 jobs as part of a restructuring effort, triggered by weak demand in the global steel market. The company, a major player in the European steel industry, cited an ongoing slowdown in demand as the primary reason behind the workforce reduction. These job cuts are expected to impact various departments across its operations, including production and administrative functions.

The steel industry has been facing significant challenges due to reduced demand from key sectors such as construction and automotive manufacturing. Additionally, the broader economic slowdown in Europe, coupled with rising energy costs, has further strained the profitability of steel producers like Swiss Steel. In response to these conditions, the company has decided to streamline its operations to ensure long-term sustainability.

Swiss Steel’s decision to cut jobs is part of a broader trend in the steel industry, where companies are adjusting to volatile market conditions. The move is aimed at reducing operational costs and improving efficiency, but it highlights the continuing pressures faced by the manufacturing sector amid uncertain global economic conditions.

The layoffs are expected to occur across Swiss Steel’s production facilities and corporate offices, as the company focuses on consolidating its workforce. Despite these cuts, Swiss Steel plans to continue its efforts to innovate and adapt to market demands, with an emphasis on high-value, specialty steel products.

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Concrete

UltraTech Cement to raise Rs 3,000 crore via NCDs to boost financial flexibility

UltraTech reported a 36% year-on-year (YoY) decline in net profit, dropping to Rs 825 crore

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UltraTech Cement, the Aditya Birla Group’s flagship company, has announced plans to raise up to Rs 3,000 crore through the private placement of non-convertible debentures (NCDs) in one or more tranches. The move aims to strengthen the company’s financial position amid increasing competition in the cement sector.

UltraTech’s finance committee has approved the issuance of rupee-denominated, unsecured, redeemable, and listed NCDs. The company has experienced strong stock performance, with its share price rising 22% over the past year, boosting its market capitalization to approximately Rs 3.1 lakh crore.

For Q2 FY2025, UltraTech reported a 36% year-on-year (YoY) decline in net profit, dropping to Rs 825 crore, below analyst expectations. Revenue for the quarter also fell 2% YoY to Rs 15,635 crore, and EBITDA margins contracted by 300 basis points. Despite this, the company saw a 3% increase in domestic sales volume, supported by lower energy costs.

In a strategic move, UltraTech invested Rs 3,954 crore for a 32.7% equity stake in India Cements, further solidifying its position in South India. UltraTech holds an 11% market share in the region, while competitor Adani holds 6%. UltraTech also secured $500 million through a sustainability-linked loan, underscoring its focus on sustainable growth driven by infrastructure and housing demand.

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