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DPIIT, Ministries & FIRST Construction Council to discuss sustainability with cement industry captains at Cement EXPO 2023 on Dec 14-15

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Join DPIIT, Ministries & industry leaders at Cement EXPO 2023 on Dec 14-15 for sustainability talks

Sh. Sanjiv (Jt Secretary, DPIIT), Emir Adiguzel (Founder & Director, World Cement Association); Neeraj Akhoury (President, Cement Manufacturers’ Association, & MD, Shree Cement); Lt General Raghu Srinivasan (DG, Border Roads Organisation); Jaxay Shah (Chairperson, Quality Council of India); and Nilesh Narwekar (CEO, JSW Cement), Pankaj Kejriwal, (Director, Star Cement), among others will be star speakers at Indian Cement Review Conference and Awards 2023.

The event will see the participation of cement majors like Ultratech, JSW Cement, Star Cement, JK Cement, JK Lakshmi Cement, Shree Cement, Wonder Cement, Birla Corporation, My Home Industries, Shree Digvijay Cement, Sagar Cement, etc.

More than 35 industry stalwarts will share their insights on the cement industry during Cement EXPO & ICR Conference 2023, which will be held from December 14-15, 2023, at Manekshaw Center, New Delhi.

Mumbai

As the Indian cement industry gears to add 145-155 million tonnes (MT) in fresh capacity with an investment of Rs 1.2 trillion, the 14th Edition of Cement EXPO – be held from December 14-15, 2023, at Manekshaw Center, New Delhi – will bring together industry leaders and other key stake holders on one platform to discuss the future trends and outlook for the sector.

Cement EXPO 2023, which will be co-located with the 9th Indian Cement Review (ICR) Conference and the 7th Indian Cement Review 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. The 14th Cement EXPO is supported by the Ministry of Road Transport & Highways, Government e Marketplace (GeM), and Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India (GoI).

According to experts, India’s cement industry, the second largest in the world, will add 80-100 MT of capacity by 2024-25 (FY25) itself, driven by increased spending on housing and infrastructure. However, this expansion needs to come with minimum impact on the environment by using modern technologies and automation solutions. With the theme of “Driving Sustainability Through Technology”, Cement EXPO and ICR Conference 2023 will highlight on decarbonisation strategies to be adopted by the industry across business value chain – from procurement to manufacturing to distribution & logistics. Some of the key Guest of Honour speakers for the event will be:

  • Sh. Sanjiv, Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce, Government of India
  • Emir Adiguzel, Founder & Director, World Cement Association
  • Lt General Raghu Srinivasan, Director general, Border Roads Organisation
  • Neeraj Akhoury, President, Cement Manufacturers’ Association, & MD, Shree CementJaxay Shah, Chairperson, Quality Council of India
  • Dr Vibha Dhawan, Director General, TERI

Sanjay Pant, Deputy Director General, Bureau of Indian Standards

“With climate change issues posing big challenge to the industry, cement companies are putting in big innovation efforts directed towards mitigating the problem of climate change. With an apt theme of ‘Driving Sustainability Through Technology’, Cement EXPO 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. So, participate in Cement EXPO 2023 & ICR Conference to explore unlimited possibilities to grow your business,” stated Pratap Padode, Founder & President, FIRST Construction Council.

The event will see the participation of cement majors like Ultratech, JSW Cement, Star Cement, JK Cement, JK Lakshmi Cement, Shree Cement, Wonder Cement, Birla Corporation, My Home Industries, Shree Digvijay Cement, and Sagar Cement, among others.

ICR Conference will provide valuable insights into the transformative power of sustainable technology in the cement industry and highlight the importance of collaboration, innovation, and knowledge sharing to drive the industry towards a more sustainable future. In addition, the conference will delve into the latest innovations and practices that are reshaping the cement industry, enhancing efficiency and sustainability.

More than 35 industry stalwarts will share their insights on the cement industry during Cement EXPO & Indian Cement Review Conference. Some of the leading experts addressing the conference include: Dr LP Singh (Director General, National Council for Cement & Building Materials); Arun Shukla (President & Director, JK Lakshmi Cement); Naveen Kumar (Director, Udaipur Cement Works); K K Rajeev Nambiar (CEO & MD, Digvijay Cement); Shailendra Kumar Gupta (Chief Operating Officer & Cluster Head-North Zone, Ultratech); Anuj Khandelwal (Business Head – Grey Cement, JK Cement Ltd); Pankaj Kejriwal (Executive Director, Star Cement); Nilesh Narwekar (CEO, JSW Cement); Durgamadhab Mohanty (Senior VP – IT, Birla Corporation Ltd); Vimal Kumar Jain (Technical Director, Heidelberg Cement); Hemantkumar Aiyer (VP and Head R&D, Nuvoco Vistas Corp Ltd); Arun Attri (CIO, Wonder Cement Limited); Ulhas Parlikar (Global Consultant for Waste Management, Circular Economy, Policy Advocacy, AFRs & Co-processing); Ashwani Pahuja (Chairman & Managing Director, NextCem Consulting); K N Rao (Corporate Head EHS, AFR Energy Sustainability, My Home Industries); Manoj Vyas (Head – AFR Sourcing, Nuvoco Vistas); Dr S B Hegde (Prof Jain University & Visiting Professor Pennsylvania State University, USA); Manoj Rustagi (EVP & CSO, JSW Cement); Saurabh Palsania (Jt President, Shree Cement); Kaustubh Phadke (India Head, Global Cement & Concrete Association); Manish Chordia (Regional Sales Manager – Cement, South Asia & Africa, ABB India Ltd); Dr Bibekanand Mohapatra (Advisor & Consultant, CMO-Cell, Ultratech), etc.

The winners of the 7th Indian Cement Review (ICR) Awards – which are given for the fastest growing cement companies and stalwarts (under “Person of the Year” and “Lifetime Achievement” categories) for their contribution in the cement industry – will also be felicitated at the 14th Edition of Cement EXPO. With over 70 exhibitors, Cement EXPO (along with ICR Conference & Awards) is expected to attract more than 5,000 quality visitors. Cement Manufacturers Association (CMA) and Global Cement and Concrete Association (GCCA) have extended their support to the event.

Some of the companies sponsoring Cement EXPO 2023 include ABB, Gebr Pfeiffer, JK Cement, Flender, ATS Conveyors, ISGEC, Humboldt Wedag, TIDC (a Murugappa Group company), IKN Engineering, Taiheiyo Engineering Corporation, Loesche, and Star Cement among others. Exhibitors such as Rockwell Automation, Bosch Rexroth, Danfoss Drive, 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, etc, will be showcasing their latest technologies at the EXPO.

The 14th Cement EXPO will witness participation of a diverse range of exhibitors representing different facets of the cement industry, including: Cement Equipment Manufacturers; Cement & Concrete Manufacturers; Raw Material Suppliers; Cement Testing and Quality Control Equipment Provider; Construction Equipment; Automation & IT Solutions Providers; Admixtures and Chemical Suppliers; Concrete Reinforcement and Structural Systems; Logistics and Transportation Service Providers; and Material Handling Solutions, among others.

The EXPO will attract key decision makers from the industry such as CEOs/MDs, Plant Managers, Technology Heads, CIOs, Procurement & Supply Chain Heads, Government Representatives (Union as well as States), Associations, Consultants, Construction & Infrastructure Companies; Industrial Estates; etc.

To attend the Indian Cement Review Conference & Awards 2023 as a delegate, contact Ms Yasmin on +91 842 2874 010 or Yasmin.H@ASAPPinfoGlobal.com

For exhibition & sponsorship related enquiry about Cement EXPO 2023, contact Mr Sujoy Gomes on +91 86577 95881 or Sujoy.G@ASAPPinfoGlobal.com

Concrete

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

Cement Major Nuvoco Posts Rs 3.71 bn EBITDA in Q2 FY26

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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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Concrete

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

New Jajpur facility to double metal recovery capacity and cut emissions

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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.

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Concrete

Vedanta gets CCI Approval for Rs 17,000 MnJaiprakash buyout

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

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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.

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