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Cement demand to outpace supply growth

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Industry experts scheduled to converge for 14th Cement EXPO, India’s biggest cement event on Dec 14-15 in Delhi

The ongoing consolidation within the cement sector is poised to yield positive outcomes for the industry. The Ambuja-Sanghi deal itself was concluded at an adjusted enterprise value to tonne (EV/T) ratio of $70/tonne.

Projections suggest that the cement industry’s capacity will experience an incremental increase at a Compound Annual Growth Rate (CAGR) of 4.2 percent. In contrast, the demand for cement is expected to outpace this supply growth, with a projected CAGR of 8.2 percent. “Given the firmness in real estate trends coupled with the infrastructure outlay and execution speed, demand for cement will outpace the supply growth,” says Pratap Padode, Founder & President, FIRST Construction Council. FIRST Construction Council, in partnership with the 37-year-old Indian Cement Review, India’s only cement magazine, is set to orchestrate the highly anticipated 14th Cement EXPO. This landmark event is slated to transpire on December 14-15, 2023, at the prestigious Manekshaw Centre in Delhi. A convergence of industry pioneers, experts, and innovators, the 14th CEMENT EXPO aims to shape the future of the cement sector through collaboration, exchange of ideas, and visionary insights. A dedicated division of the Foundation of Infrastructure Research Studies Training (FIRST), a registered not-for-profit Trust under the Bombay Public Trust Act 1950, FIRST Construction Council has joined forces with India Cement Review to curate an event that stands as a beacon of progress within the industry. The 14th CEMENT EXPO enjoys the support and endorsement of esteemed bodies including the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry, Govt of India, National Highway Builder Federation, Federation of Industries, Ready Mixed Concrete Manufacturer’s Association, ISSE, and several others.

Guided by a Board of Governors consisting of luminaries and thought leaders, FIRST Construction Council brings together exceptional minds including:Architect Hafeez ContractorDK Sen, Director at L&TPradeep Singh, Former Vice Chairman & MD of IDFC ProjectsSumit Banerjee, Former Vice Chairman of Reliance InfrastructureSandeep Singh, Managing Director of Tata HitachiSanjay Seth, CEO of GRIHA Council & Executive Director of TERI

The 14th Cement EXPO is poised to be a monumental gathering, attracting over 1000 delegates from the cement industry across India and abroad. This event provides an inclusive platform for stakeholders to converge, fostering global connections with representatives from Nepal, Sri Lanka, GCC, Maldives, Singapore, and other international locales. A highlight of the event, the Indian Cement Review Awards, will pay tribute to individuals who have spearheaded transformative strides within the cement industry.

With a robust agenda featuring 8 illuminating Panel Discussions, featuring a distinguished lineup of more than 60 Speakers, and hosting over 100 Exhibitors, the 14th Cement EXPO promises to be an engaging, enlightening, and interactive forum. With an array of more than 12 Industry Awards and an anticipated audience of over 1500 participants, the event aspires to unite all stakeholders under one roof to deliberate on the industry’s trajectory. Recognized as a pivotal industry platform, the 14th Cement EXPO provides an opportunity for cement and concrete manufacturers, allied industries, equipment players, logistics experts, and cement consumers to collaboratively engage in solution-oriented discussions and collectively support the growth of both quality and quantity of cement in India.

For exhibition space booking call Sujoy: 86577 95881 or email at Sujoy.G@ASAPPinfoGlobal.com

For more information and to register for the event, please visit www.cementexpo.in.

About FIRST Construction Council: FIRST Construction Council, a transformative division of the Foundation of Infrastructure Research Studies Training (FIRST), operates as a dedicated catalyst for advancing innovation, growth, and sustainable development within the construction and infrastructure sector.

About India Cement Review: For over three decades, India Cement Review, a revered monthly magazine, has consistently provided valuable insights, analysis, and updates to industry professionals, establishing itself as a trusted source of knowledge within the cement sector.

Concrete

Star Cement launches ‘Star Smart Building Solutions’

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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.

Image source:https://www.starcement.co.in/

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Concrete

Nuvoco Vistas reports record quarterly EBITDA

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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.

Image source:nuvoco.com

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Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

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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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