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Innovation runs in our veins

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Marco Campanari, CEO, CICSA Group, shares insights into their growth, innovation in chain technology, and their focus on sustainability and digitalisation.

Your company has grown significantly in the past few years. Could you tell us more about that?
We have grown significantly because, on the one hand, we have expanded the range of products we manufacture and sell. On the other hand, we have extended our presence internationally, now operating in over 50 countries worldwide. Last but not the least, we’ve focused heavily on one vertical—chains for bulk materials handling—concentrating exclusively on this sector.
A few years ago, the CICSA Group, continuing on its ambitious growth trajectory, made a strategic investment by acquiring CADERSA, Cadenas y Derivados S L of Barcelona, a leading Spanish company with nearly 50 years of experience in the production of mechanical chains for bulk material handling. As a result of this acquisition, CICSA Group has developed new advanced techniques to design and manufacture high-quality mechanical chains, significantly improving their durability. Having multiple European production sites and upgrading existing infrastructure has helped us optimise our production processes and enhance chain efficiency.

Can you provide an overview of CICSA Group’s range of products, particularly the round steel link chains and mechanical chains, and their application in the cement industry?
Our product portfolio includes a wide range of steel chains, such as round steel link chains (from diameters 10 to 42 mm), forged chains and mechanical chains, along with all corresponding attachments, chain shackles, connecting links, buckets, sprockets and wheels, designed to meet all capacity requirements and any working condition. We cover any kind of chain application in the cement industry.

What recent innovations has CICSA Group introduced in chain technologythat specifically benefit the cement industry, especially in terms of durability and efficiency?
Our R&D department is always active, continuously driving innovation throughout the year. Specifically, we have developed advanced techniques to refine our welding technology, focusing on the butt-flash welding technology with more effective process control. Additionally, we have perfected sophisticated heat treatments, particularly in advanced case hardening processes. These innovations significantly increase the durability and extend the lifespan of our chains.

How is CICSA Group incorporating digitalisation into its manufacturing and product lifecycle processes, and how does this impact the performance and maintenance of your chains?
One of the pivotal innovations we have embraced at CICSA Group is the integration of digitalisation across all our production sites. We leverage data analytics to better manage risks associated with manufacturing and use machine learning to predict future demand patterns. Our advanced automation system, built on efficient spare parts management and rapid information exchange, has one primary goal: to deliver the right product to the customer as quickly as possible.

Can you discuss CICSA Group’s efforts in promoting sustainability and reducing the environmental impact of your chain products used in the cement industry?
At our Italian headquarters, we have on-site renewable energy sources that supply our energy needs, providing a consistent flow of green energy and reducing our consumption of non-renewable resources. We have also implemented various measures to lower our carbon footprint, with initiatives spanning multiple phases of our production process. Additionally, CICSA is making significant strides in improving all ESG-related issues connected to our activities, deeply convinced that this already constitutes
an important distinguishing factor and a critical business driver.

How does CICSA Group work with cement industry clients to customise chain solutions, and what are some examples of tailored solutions that have been particularly successful?
CICSA has always been highly committed to customising its products and services, believing that the best service is providing the customer with the most suitable product for their specific needs. Our goal is to solve a problem or enhance process efficiency for our clients. Being a real manufacturer that directly produces all types of chains for bucket elevators and conveyors, including both round steel link chains and mechanical/pin and bush chains, is unique in the chain manufacturing landscape. This enables us to recommend the best solution for each specific case without constraints.

Could you elaborate on the quality assurance process at CICSA Group, including the types of tests your chains undergo to ensure they meet industry standards?
Since our founding in 1941, our primary business imperative has been to bring only high-quality products to the market. And that’s exactly what we’ve been doing for the past 83 years. Over time, we’ve implemented a very strict Quality Management System, which is continuously updated with various quality initiatives. We were the first chain manufacturer in the world to be ISO certified in 1990 (and among the very first companies overall). Since then, all CICSA products have been manufactured according to the guidelines of our quality management system and certified under EN ISO 9001 standards. Furthermore, 100 per cent of our production undergoes proof testing, and breaking tests are performed on each production batch. In addition, every product undergoes continuous inspections after each stage of the production process.

What are some of the biggest challenges CICSA Group faces in developing chains for heavy-duty applications and how do you address these challenges?
The biggest challenge is continuously pushing the limits of performance while maintaining an unbreakable link with product reliability and, most importantly, consistency in results and quality. We constantly pursue this ongoing goal by ensuring that our core processes are equipped with highly refined control mechanisms. Often, we patent the innovative solutions—both product and process—that we design and successfully test.

What future trends do you foresee in chain technology and material handling solutions for the cement industry, and how is CICSA preparing for these trends?
While I won’t reveal any secrets, I can say that I strongly believe in an increasingly tight integration of manufacturing, digitalisation, machine learning and AI. I can also add that very soon, we will be ready to introduce a groundbreaking solution to the market, one that will have a major impact and positively surprise all users of our products.

How does CICSA Group maintain its competitive edge in the global market, particularly in terms of innovation, quality, and customer service in the chain manufacturing industry?
The answer is a synthesis of the previous questions you’ve asked me. First, our distinctive trait as a real manufacturer of both round link chain solutions and pin and bush chains gives us a tremendous advantage, as we have extensive experience with both technologies. Regarding quality, as I mentioned earlier, we were pioneers in this field, having followed a path of ISO 9001 certified quality for the past 35 years. Lastly, when it comes to innovation and customer service—these are two areas where Italians truly excel.
Historically, Italians have been great innovators; many disruptive things that we use every day were invented in Italy. Innovation runs in our veins, and we exercise it daily. The same goes for customer service: as Italians, we don’t just enjoy selling a product, we enjoy getting to know the customer, building relationships, and ensuring complete satisfaction. In other words, we believe that the relational aspect is inseparable from the product itself.

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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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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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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