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Cement Industry Revival Investment Plan Announced

Minister Kumaraswamy unveils Rs 700 crore plan.

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Union Minister H.D. Kumaraswamy has unveiled a comprehensive Rs 700 crore investment plan aimed at revitalizing the cement industry in India. This initiative, announced during a recent press conference, seeks to enhance domestic production capabilities and create job opportunities within the sector. The funding will be allocated towards establishing new manufacturing plants and upgrading existing facilities, ultimately boosting the country’s cement output to meet the increasing demand driven by infrastructure projects.

Kumaraswamy emphasized the significance of the cement industry in India’s economic landscape, noting its critical role in supporting large-scale infrastructure developments such as roads, housing, and urbanization. The investment is expected to foster technological advancements in cement production, ensuring environmentally sustainable practices are adopted throughout the manufacturing process. This aligns with the government’s broader goals of enhancing sustainability and reducing carbon footprints in industrial operations.

Furthermore, the minister highlighted the potential for this investment to create numerous job opportunities across various skill levels, thereby contributing to local economies and improving livelihoods. He also mentioned that the cement sector has faced challenges due to fluctuations in raw material costs and market demands, making this timely investment crucial for the industry’s recovery and long-term stability.

This revival plan reflects the government’s commitment to strengthening the cement sector, ensuring it remains a key contributor to India’s ambitious infrastructure development goals. The initiative aims to position India as a leader in cement production, thereby supporting the overall growth of the construction and infrastructure sectors in the country.

Concrete

thyssenkrupp Polysius, SaltX partner for electrified production

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thyssenkrupp Polysius and Swedish startup SaltX have signed a Letter of Intent (LOI) to co-develop the next generation of electrified production facilities, advancing industrial decarbonisation. Their collaboration will integrate SaltX’s patented Electric Arc Calciner (EAC) technology into thyssenkrupp Polysius’ green system solutions, enabling electric calcination, replacing fossil fuels with renewable energy, and capturing CO2 for emission-free production. Dr Luc Rudowski, Head of Innovation, thyssenkrupp Polysius, emphasised that this partnership expands their portfolio of sustainable solutions, particularly in cement, lime, and Direct-Air-Capture (DAC). Lina Jorheden, CEO, SaltX, highlighted the significant CO2 reduction potential, reinforcing their commitment to sustainable industrial processes.

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Concrete

Terra CO2 secures $82m to scale low-carbon cement technology

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Terra CO2, a US-based sustainable building materials company, has raised $82 million in Series B funding, co-led by Just Climate, Eagle Materials and GenZero, with continued support from Breakthrough Energy Ventures. The investment will accelerate the commercial deployment of Terra’s OPUS technology, enabling the construction of multiple production facilities across North America and Europe. With the cement industry responsible for 8 per cent of global CO2 emissions, Terra’s solution provides an immediate, scalable alternative using abundant raw materials that integrate seamlessly with existing infrastructure. The company has secured key partnerships, including a deal with Eagle Materials for multiple 240,000-tonne plants.

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Concrete

Titan Cement Group enters South Asia

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Titan Cement Group has expanded into the South Asian market through a joint venture with JAYCEE, an India-based producer of supplementary cementitious materials. Titan will hold a majority stake in the newly formed company, Atlas EcoSolutions, which will focus on sourcing, processing, marketing, and distributing SCMs globally. This initiative aims to support sustainable construction by promoting alternatives to clinker-based cement. Jean-Philippe Benard, Head of Supply Chain and Energy Development, emphasised that the venture aligns with Titan’s strategy to lead in low-carbon building materials while reinforcing its commitment to sustainability and innovation. The move strengthens Titan’s position in a high-growth market while ensuring long-term access to SCMs.

 

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