Concrete

World Cement Association Founder Director to be star speaker at Indian Cement Review Conference 2023 at 14th Cement EXPO, Delhi

Published

2 years ago

November 1, 2023

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Founder Director, World Cement Association, at Indian Cement Review 2023.

The 3-in-1 event – comprising Indian Cement Review (ICR) Conference, Awards and Cement EXPO 2023 scheduled on 14-15th December 2023 at Manekshaw Centre in Delhi – is expected to attract cement industry captains, plant heads, over 100 exhibitors and more than 5,000 quality visitors.
Participants of the event can gain immensely from the wisdom and global vision of Ali Emir Adiguzel, who was former Global CEO of Heidelberg Cement Group and has a remarkable global experience of over 30 years in international business and visionary leadership.

Mumbai

Ali Emir Adiguzel, Founder & Director of World Cement Association (WCA), will be the keyword speaker at Indian Cement Review (ICR) Conference 2023, which will be held from December 14-15, 2023, at Manekshaw Center, New Delhi. The event – comprising Cement EXPO 2023, ICR Conference & Awards – is organised by FIRST Construction Council (an infrastructure think tank) and Indian Cement Review (ICR), India’s leading cement publication that has been serving the industry for the last 38 years.

Welcoming Ali Emir Adiguzel, Pratap Padode, Founder & President, FIRST Construction Council, said, “We are happy and proud to have Mr Ali Emir Adiguzel, a visionary leader in the global cement industry, as the keynote speaker at the 9th Indian Cement Review Conference, which will address the cement industry’s ambitions to deliver sustainable, low-carbon cement. His presence at the event, which will be held concurrently with 14th Cement EXPO 2023, will be of immense value to the Indian cement industry, as companies gear up for expansion to meet the growing demand and prepare themselves for the future.”

The Chairman of ACG Consultancy Group, the founder and director of the World Cement Association, Adiguzel is former Global CEO, Heidelberg Cement Group from 2007-2020: where he played a pivotal role in the group’s international expansion and strategic development.

He has led mid to large-sized industrial organisations in the heavy building construction materials sector, such as cement and concrete, with special expertise in international trade, sales and procurement of raw materials. Emir Adiguzel’s expansive professional network spans across 61 countries, offering international business development opportunities through trade deals and successful overseas mergers and acquisitions.

The event is seeing the participation of cement companies like Ultratech, JSW Cement, Dalmia Bharat, Star Cement, JK Cement, JK Lakshmi Cement, Shree Cement, Wonder Cement, Birla Corporation, My Home Industries, Shree Digvijay Cement, Sagar Cement among others. The 3-in-in event is supported by Ministry of Road Transport & Highways and Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India (GoI). With over 100 exhibitors, Cement EXPO (along with ICR Conference & Awards) is expected to attract more than 5,000 quality visitors.

The 9th Indian Cement Review Conference and Cement EXPO 2023, with the theme of “Driving Sustainability Through Technology”, will bring together the cement manufacturers, technology/equipment providers and other key stakeholders (like policy makers, building & construction companies, project vendors, etc) under one roof to explore the possibility of the carbon-neutral growth path for the industry. Taking the sustainability agenda forward for the Indian cement industry, Indian Cement Review Conference and Cement EXPO 2023 will discuss how companies can take steps towards decarbonisation across business value chain – from procurement to manufacturing to distribution & logistics.

Sponsors include ATS Conveyors, ABB, Murugappa Group, TIDC, IKN Engineering among others. Exhibitors showcasing their latest technologies include: Rockwell Automation, Bosch Rexroth, Danfoss Drive, Taiheiyo Engineering Corporation, Elann Drive & Automation Pvt Ltd, Shanthi Gears, Diamond Group, Kanodia Cement Limited, Verder Scientific Pvt Ltd, Ringfeder Power, Singhania Systems, Elektromag Devices Pvt Ltd, Pentol Germany and several others.

For more information on Cement EXPO 2023, you can reach out to Mr Sujoy Gomes (on Mob: 86577 95881; and email: Sujoy.G@asappinfoglobal.com).

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Nuvoco Vistas Reports Record Q2 EBITDA, Expands Capacity to 35 MTPA

Cement Major Nuvoco Posts Rs 3.71 bn EBITDA in Q2 FY26

Published

3 days ago

October 22, 2025

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Nuvoco Vistas Corp. Ltd., one of India’s leading building materials companies, has reported its highest-ever second-quarter consolidated EBITDA of Rs 3.71 billion for Q2 FY26, reflecting an 8% year-on-year revenue growth to Rs 24.58 billion. Cement sales volume stood at 4.3 MMT during the quarter, driven by robust demand and a rising share of premium products, which reached an all-time high of 44%.

The company continued its deleveraging journey, reducing like-to-like net debt by Rs 10.09 billion year-on-year to Rs 34.92 billion. Commenting on the performance, Jayakumar Krishnaswamy, Managing Director, said, “Despite macro headwinds, disciplined execution and focus on premiumisation helped us achieve record performance. We remain confident in our structural growth trajectory.”

Nuvoco’s capacity expansion plans remain on track, with refurbishment of the Vadraj Cement facility progressing towards operationalisation by Q3 FY27. In addition, the company’s 4 MTPA phased expansion in eastern India, expected between December 2025 and March 2027, will raise its total cement capacity to 35 MTPA by FY27.

Reinforcing its sustainability credentials, Nuvoco continues to lead the sector with one of the lowest carbon emission intensities at 453.8 kg CO? per tonne of cementitious material.

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Jindal Stainless to Invest $150 Mn in Odisha Metal Recovery Plant

New Jajpur facility to double metal recovery capacity and cut emissions

Published

1 week ago

October 17, 2025

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Jindal Stainless Limited has announced an investment of $150 million to build and operate a new wet milling plant in Jajpur, Odisha, aimed at doubling its capacity to recover metal from industrial waste. The project is being developed in partnership with Harsco Environmental under a 15-year agreement.

The facility will enable the recovery of valuable metals from slag and other waste materials, significantly improving resource efficiency and reducing environmental impact. The initiative aligns with Jindal Stainless’s sustainability roadmap, which focuses on circular economy practices and low-carbon operations.

In financial year 2025, the company reduced its carbon footprint by about 14 per cent through key decarbonisation initiatives, including commissioning India’s first green hydrogen plant for stainless steel production and setting up the country’s largest captive solar energy plant within a single industrial campus in Odisha.

Shares of Jindal Stainless rose 1.8 per cent to Rs 789.4 per share following the announcement, extending a 5 per cent gain over the past month.

Concrete

Vedanta gets CCI Approval for Rs 17,000 MnJaiprakash buyout

Acquisition marks Vedanta’s expansion into cement, real estate, and infra

Published

1 week ago

October 17, 2025

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Vedanta Limited has received approval from the Competition Commission of India (CCI) to acquire Jaiprakash Associates Limited (JAL) for approximately Rs 17,000 million under the Insolvency and Bankruptcy Code (IBC) process. The move marks Vedanta’s strategic expansion beyond its core mining and metals portfolio into cement, real estate, and infrastructure sectors.

Once the flagship of the Jaypee Group, JAL has faced severe financial distress with creditors’ claims exceeding Rs 59,000 million. Vedanta emerged as the preferred bidder in a competitive auction, outbidding the Adani Group with an overall offer of Rs 17,000 million, equivalent to Rs 12,505 million in net present value terms. The payment structure involves an upfront settlement of around Rs 3,800 million, followed by annual instalments of Rs 2,500–3,000 million over five years.

The National Asset Reconstruction Company Limited (NARCL), which acquired the group’s stressed loans from a State Bank of India-led consortium, now leads the creditor committee. Lenders are expected to take a haircut of around 71 per cent based on Vedanta’s offer. Despite approvals for other bidders, Vedanta’s proposal stood out as the most viable resolution plan, paving the way for the company’s diversification into new business verticals.