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Jignesh Kundaria, CEO and Director, Fornnax, talks about transforming waste into energy and fostering eco-friendly cement production.

How does Fornnax Technology’s expertise in shredding and recycling equipment contribute in the cement industry?
The average usage of alternative fuels and raw materials in the Indian cement industry currently stands at around 6 to 8 per cent, according to the Cement Manufacturers Association (CMA). This figure indicates a substantial opportunity for improvement within the industry. Increasing the Thermal Substitution Rate (TSR) is essential for reducing dependency on conventional fossil fuels and enhancing environmental sustainability. By efficiently utilising waste materials as alternative fuels, the industry can significantly lower greenhouse gas emissions and promote a greener approach to cement production.
Fornnax Technology’s expertise in developing robust shredding and recycling machinery plays a crucial role in assisting the Indian cement industry to close this gap. By providing innovative solutions for the utilisation of AFR, Fornnax supports the industry’s efforts to increase its TSR. These advancements are pivotal in driving the Indian cement industry towards a greener and more sustainable future.

Could you elaborate on how your products, like primary and secondary shredders, can enhance the overall operational efficiency?
Our SR-MAX primary and R-Max series secondary shredders are specially designed to enhance operational efficiency in municipal solid waste management. These high-performing shredders are tailored to handle mixed and legacy waste which is stored for years in the landfills and it is highly contaminated with inert material and sand, catering to the needs of MSW recyclers and the cement industry, including Refuse Derive Fuel Manufacturers.
The primary SR-MAX series shredders boast revolutionary engineering for producing output sizes ranging from 150-400mm, depending on the knife configuration. This level of flexibility allows for customisation to meet specific requirements. Whereas, The R-Max series shredders are strong enough to deal with the contamination of solid waste meant for producing alternative fuels like RDF/SRF. Depending on the blade and screen configuration, shredders are appropriate for secondary or fine shredding to produce sizes up to 30- 80mm.
The outputs from our shredders have diverse applications. For instance, shredded municipal solid waste can serve as an alternative energy source in cement industries. Material Recovery Facilities (MRFs) utilises pre-shredded material below 400mm suitable for further sorting and separation of recyclables, such as plastics, paper, glass and metals, thereby maximising resource recovery and reducing landfill disposal.
By integrating our shredders into MSW management operations, recyclers can optimise their processes, increase efficiency, and unlock valuable energy resources.

What role does technology play in optimising the recycling of municipal waste materials for use in the cement industry?
The cement industry’s carbon footprint is staggering. It’s been said that if the cement industry were a country, it would rank among the top emitters of carbon dioxide globally. The World Economic Forums’ recent data reveals that cement production worldwide generated a whopping 1.6 billion metric tonnes of CO2 in 2022 – accounting for approximately 8 per cent of global CO2 emissions. To meet global climate targets, it’s crucial that we significantly reduce the carbon intensity of cement manufacturing by reducing the reliance on primary raw materials like fossil fuels and shift towards alternative fuel options and technology is definitely going to play a pivotal role in optimising the recycling of waste materials for use in the cement industry, Fornnax has always been the forefront of this innovation. Our research and development team continuously strives to develop cutting-edge solutions because we firmly believe that innovative recycling technology could provide solutions to the disposal problems of solid wastes in an effective and economical manner.

How Fornnax stands out from its competitors in the cement sector?
Fornnax distinguishes itself from its competitors in the cement sector by offering a comprehensive range of modern engineered and large capacity recycling solutions tailored specifically to the industry’s unique needs. Our deep understanding of the cement industry’s challenges, coupled with our expertise in advanced shredding and recycling technologies, enables us to provide efficient and sustainable solutions. Our state-of-the-art shredding equipment, such as the SR-MAX series are engineered to deliver high performance and low maintenance, ultimately meeting the demand of Refuse Derive Fuel Manufacturers and Municipal Waste Recyclers.
We always keep customers in the forefront, our team works closely with clients to understand their pain points and develop new advanced models that entirely respond to their needs under our specially formulated CBPD (Customer-Based Product Development Process) process. Additionally, our after-sales service network across India ensures prompt and timely resolution from any location. Our customer-first philosophy is rooted in the heart of Fornnax. We believe that every client interaction is an opportunity to build trust, foster innovative solutions, and deliver exceptional experiences that meet expectations.

What level of customisation do you provide to ensure the machinery aligns with customers’ distinct visions?
Fornnax Technology is committed to delivering tailored solutions that perfectly align with each customer’s unique vision. We understand that every cement plant has specific requirements and challenges, and we strive to provide customised machinery that addresses these needs precisely. Our team of experienced engineers works closely with our customers to understand their specific requirements, including production capacity, waste type, desired output size, and power constraints. Based on this in-depth understanding, we carefully select the most suitable shredding technology and customise the machine’s design and configuration to meet the specific needs of the customer.
Our customisation options extend beyond just the machine’s design. We also offer a range of additional features and services to enhance the overall performance and efficiency of our machinery. These include:

  • Collaborative product development: We actively involve our customers in the product development process through workshops and discussions with our experienced engineering team
  • Customer-centric approach: We prioritise understanding our customers’ needs by conducting regular site visits and surveys. This valuable feedback is essential in shaping our product development strategy.
  • Incorporating customer insights: We analyse customer input meticulously and incorporate it into the design and testing phases of our equipment.
  • Customer-driven innovation: Fornnax is dedicated to delivering innovative solutions that meet the evolving needs of our customers. We consistently integrate customer feedback into the final design of our products. As we continue to innovate, customer insights remain the cornerstone of our product development.

What are the key challenges in implementing advanced recycling technologies in cement plants?
As we reflect on the journey towards sustainability in the cement industry, we firmly believe that implementing alternative fuel options is a crucial step forward. However, this transition does come with its set of challenges. One major obstacle is the resistance to change, often stemming from traditional mindsets. Additionally, the remote locations of many cement plants pose logistical challenges that can’t be overlooked.
Keeping up with the ever-evolving environmental regulations is another significant challenge, requiring continuous investment in technology and process upgrades, which can be especially tough for small and medium-scale industries due to the high capital needed. Furthermore, the lack of effective waste segregation and management infrastructure can impede progress. For instance, the inconsistent quality and composition of waste materials can lead to operational challenges and reduced efficiency in cement kilns. Improper waste segregation can also result in contamination, compromising the quality of the final cement product.
Despite these hurdles, Fornnax remains optimistic about the Indian cement sector’s ongoing investment in preprocessing and waste segregation equipment. This shift towards sustainable practices is a major breakthrough not only for the cement industry but also for other sectors looking to adopt greener and more efficient technologies, setting a precedent for a more sustainable future.

Can you highlight any of your recent innovations which are set to reshape the future of the cement industry?
Our recent major launch of the game-changing SR-MAX2500 primary shredder powered by a hydraulic drive motor at IFAT 2024 Mumbai, marks a significant milestone to our commitment to providing cutting-edge waste management solutions. It is specially designed to revolutionise MSW, industrial and other waste categories by efficiently shredding challenging materials into smaller, manageable sizes.
The introduction of the SR-MAX2500 primary shredder is a major breakthrough in reducing the Indian cement industry’s dependence on imported shredders. Our SR-MAX2500 primary shredders have been meticulously engineered to handle the unique challenges posed by Indian waste, which is often highly contaminated and unsegregated.
SR-MAX2500 is set to transform waste management and cement industries in India and globally. Our objective is to equip municipal waste recycling industries with a robust and transforming solution that prioritises sustainability. By doing so, we’re aligning with the honorable Prime Minister’s vision of achieving Net Zero emissions by 2050, and committed to create a green future for our future generations.

What is Fornnax Technology’s vision for the future of sustainable recycling solutions, and what innovative strategies are needed to achieve this vision within the cement industry?
As we look to the future, Fornnax is committed to revolutionising the cement industry through sustainable recycling solutions. Driven by the increasing demand for eco-friendly waste management and growing environmental awareness, we’re optimistic about the prospects ahead. Our strategic vision focuses on innovation, customer-centricity, and targeted growth. To achieve this goal, we’re expanding our operations to Eastern Europe, Australia, GCC and other leading countries, investing heavily in research and development, and strengthening key partnerships to address the evolving needs of our clients.
Our recent acquisition of a 23-acre land parcel in Ahmedabad, Gujarat, highlights our dedication to scaling up operations and meeting the growing demand for sustainable solutions. This expansion will enable us to produce high-capacity machinery tailored to various recycling applications, including MSW, tyre, cable, e-waste, and metal processing. By adopting advanced technologies and sustainable practices, we’re poised to play a pivotal role in shaping the future of sustainable recycling within the cement industry and beyond.

– Kanika Mathur

Concrete

FORNNAX Appoints Dieter Jerschl as Sales Partner for Central Europe

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FORNNAX TECHNOLOGY has appointed industry veteran Dieter Jerschl as its new sales partner in Germany to strengthen its presence across Central Europe. The partnership aims to accelerate the adoption of FORNNAX’s high-capacity, sustainable recycling solutions while building long-term regional capabilities.

FORNNAX TECHNOLOGY, one of the leading advanced recycling equipment manufacturers, has announced the appointment of a new sales partner in Germany as part of its strategic expansion into Central Europe. The company has entered into a collaborative agreement with Mr. Dieter Jerschl, a seasoned industry professional with over 20 years of experience in the shredding and recycling sector, to represent and promote FORNNAX’s solutions across key European markets.

Mr. Jerschl brings extensive expertise from his work with renowned companies such as BHS, Eldan, Vecoplan, and others. Over the course of his career, he has successfully led the deployment of both single machines and complete turnkey installations for a wide range of applications, including tyre recycling, cable recycling, municipal solid waste, e-waste, and industrial waste processing.

Speaking about the partnership, Mr. Jerschl said,
“I’ve known FORNNAX for over a decade and have followed their growth closely. What attracted me to this collaboration is their state-of-the-art & high-capacity technology, it is powerful, sustainable, and economically viable. There is great potential to introduce FORNNAX’s innovative systems to more markets across Europe, and I am excited to be part of that journey.”

The partnership will primarily focus on Central Europe, including Germany, Austria, and neighbouring countries, with the flexibility to extend the geographical scope based on project requirements and mutual agreement. The collaboration is structured to evolve over time, with performance-driven expansion and ongoing strategic discussions with FORNNAX’s management. The immediate priority is to build a strong project pipeline and enhance FORNNAX’s brand presence across the region.

FORNNAX’s portfolio of high-performance shredding and pre-processing solutions is well aligned with Europe’s growing demand for sustainable and efficient waste treatment technologies. By partnering with Mr. Jerschl—who brings deep market insight and established industry relationships—FORNNAX aims to accelerate adoption of its solutions and participate in upcoming recycling projects across the region.

As part of the partnership, Mr. Jerschl will also deliver value-added services, including equipment installation, maintenance, and spare parts support through a dedicated technical team. This local service capability is expected to ensure faster project execution, minimise downtime, and enhance overall customer experience.

Commenting on the long-term vision, Mr. Jerschl added,
“We are committed to increasing market awareness and establishing new reference projects across the region. My goal is not only to generate business but to lay the foundation for long-term growth. Ideally, we aim to establish a dedicated FORNNAX legal entity or operational site in Germany over the next five to ten years.”

For FORNNAX, this partnership aligns closely with its global strategy of expanding into key markets through strong regional representation. The company believes that local partnerships are critical for navigating complex market dynamics and delivering solutions tailored to region-specific waste management challenges.

“We see tremendous potential in the Central European market,” said Mr. Jignesh Kundaria, Director and CEO of FORNNAX.
“Partnering with someone as experienced and well-established as Mr. Jerschl gives us a strong foothold and allows us to better serve our customers. This marks a major milestone in our efforts to promote reliable, efficient and future-ready recycling solutions globally,” he added.

This collaboration further strengthens FORNNAX’s commitment to environmental stewardship, innovation, and sustainable waste management, supporting the transition toward a greener and more circular future.

 

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Budget 2026–27 infra thrust and CCUS outlay to lift cement sector outlook

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Higher capex, city-led growth and CCUS funding improve demand visibility and decarbonisation prospects for cement

Mumbai

Cement manufacturers have welcomed the Union Budget 2026–27’s strong infrastructure thrust, with public capital expenditure increased to Rs 12.2 trillion, saying it reinforces infrastructure as the central engine of economic growth and strengthens medium-term prospects for the cement sector. In a statement, the Cement Manufacturers’ Association (CMA) has welcomed the Union budget 2026-27 for reinforcing the ambitions for the nation’s growth balancing the aspirations of the people through inclusivity inspired by the vision of Narendra Modi, Prime Minister of India, for a Viksit Bharat by 2047 and Atmanirbharta.

The budget underscores India’s steady economic trajectory over the past 12 years, marked by fiscal discipline, sustained growth and moderate inflation, and offers strong demand visibility for infrastructure linked sectors such as cement.

The Budget’s strong infrastructure push, with public capital expenditure rising from Rs 11.2 trillion in fiscal year 2025–26 to Rs 12.2 trillion in fiscal year 2026–27, recognises infrastructure as the primary anchor for economic growth creating positive prospects for the Indian cement industry and improving long term visibility for the cement sector. The emphasis on Tier 2 and Tier 3 cities with populations above 5 lakh and the creation of City Economic Regions (CERs) with an allocation of Rs 50 billion per CER over five years, should accelerate construction activity across housing, transport and urban services, supporting broad based cement consumption.

Logistics and connectivity measures announced in the budget are particularly significant for the cement industry. The announcement of new dedicated freight corridors, the operationalisation of 20 additional National Waterways over the next five years, the launch of the Coastal Cargo Promotion Scheme to raise the modal share of waterways and coastal shipping from 6 per cent to 12 per cent by 2047, and the development of ship repair ecosystems should enhance multimodal freight efficiency, reduce logistics costs and improve the sector’s carbon footprint. The announcement of seven high speed rail corridors as growth corridors can be expected to further stimulate regional development and construction demand.

Commenting on the budget, Parth Jindal, President, Cement Manufacturers’ Association (CMA), said, “As India advances towards a Viksit Bharat, the three kartavya articulated in the Union Budget provide a clear context for the Nation’s growth and aspirations, combining economic momentum with capacity building and inclusive progress. The Cement Manufacturers’ Association (CMA) appreciates the Union Budget 2026-27 for the continued emphasis on manufacturing competitiveness, urban development and infrastructure modernisation, supported by over 350 reforms spanning GST simplification, labour codes, quality control rationalisation and coordinated deregulation with States. These reforms, alongside the Budget’s focus on Youth Power and domestic manufacturing capacity under Atmanirbharta, stand to strengthen the investment environment for capital intensive sectors such as Cement. The Union Budget 2026-27 reflects the Government’s focus on infrastructure led development emerging as a structural pillar of India’s growth strategy.”

He added, “The Rs 200 billion CCUS outlay for various sectors, including Cement, fundamentally alters the decarbonisation landscape for India’s emissions intensive industries. CCUS is a significant enabler for large scale decarbonisation of industries such as Cement and this intervention directly addresses the technology and cost requirements of the Cement sector in context. The Cement Industry, fully aligned with the Government of India’s Net Zero commitment by 2070, views this support as critical to enabling the adoption and scale up of CCUS technologies while continuing to meet the Country’s long term infrastructure needs.”

Dr Raghavpat Singhania, Vice President, CMA, said, “The government’s sustained infrastructure push supports employment, regional development and stronger local supply chains. Cement manufacturing clusters act as economic anchors across regions, generating livelihoods in construction, logistics and allied sectors. The budget’s focus on inclusive growth, execution and system level enablers creates a supportive environment for responsible and efficient expansion offering opportunities for economic growth and lending momentum to the cement sector. The increase in public capex to Rs 12.2 trillion, the focus on Tier 2 and Tier 3 cities, and the creation of City Economic Regions stand to strengthen the growth of the cement sector. We welcome the budget’s emphasis on tourism, cultural and social infrastructure, which should broaden construction activity across regions. Investments in tourism facilities, heritage and Buddhist circuits, regional connectivity in Purvodaya and North Eastern States, and the strengthening of emergency and trauma care infrastructure in district hospitals reinforce the cement sector’s role in enabling inclusive growth.”

CMA also noted the Government’s continued commitment to fiscal discipline, with the fiscal deficit estimated at 4.3 per cent of GDP in FY27, reinforcing macroeconomic stability and investor confidence.

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Steel: Shielded or Strengthened?

CW explores the impact of pro-steel policies on construction and infrastructure and identifies gaps that need to be addressed.

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Going forward, domestic steel mills are targeting capacity expansion
of nearly 40 per cent through till FY31, adding 80-85 mt, translating
into an investment pipeline of $ 45-50 billion. So, Jhunjhunwala points
out that continuing the safeguard duty will be vital to prevent a surge
in imports and protect domestic prices from external shocks. While in
FY26, the industry operating profit per tonne is expected to hold at
around $ 108, similar to last year, the industry’s earnings must
meaningfully improve from hereon to sustain large-scale investments.
Else, domestic mills could experience a significant spike in industry
leverage levels over the medium term, increasing their vulnerability to
external macroeconomic shocks.(~$ 60/tonne) over the past one month,
compressing the import parity discount to ~$ 23-25/tonne from previous
highs of ~$ 70-90/tonne, adds Jhunjhunwala. With this, he says, “the
industry can expect high resistance to further steel price increases.”

Domestic HRC prices have increased by ~Rs 5,000/tonne
“Aggressive
capacity additions (~15 mt commissioned in FY25, with 5 mt more by
FY26) have created a supply overhang, temporarily outpacing demand
growth of ~11-12 mt,” he says…

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