Concrete

Cement industry poised for growth with budget 2025-26, says CMA

Published

4 months ago

February 12, 2025

Roshna

The Cement Manufacturers’ Association (CMA) welcomes the Union Budget 2025-26, recognising its role in infrastructure development, employment generation, and economic growth. The budget’s focus on strategic investments in people, economy, and innovation presents significant opportunities for the cement sector.

CMA President Neeraj Akhoury highlighted the budget’s emphasis on infrastructure, housing, and economic expansion, stating that increased government spending will drive demand for cement, enabling capacity growth and sustainable innovation. Despite challenges, the industry expects to maintain a CAGR of over 6 per cent in installed capacity this fiscal year.

Vice President Parth Jindal praised the budget’s Rs.20,000 crore allocation for innovation and Rs.1.5 lakh crore in
50-year interest-free loans for infrastructure. He noted that the PPP model and five National Centres of Excellence will boost private investments and skill development.

The cement industry remains a key contributor to employment, government revenue, and sustainability initiatives.

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Concrete

Star Cement launches ‘Star Smart Building Solutions’

Published

1 week ago

June 17, 2025

admin

Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

Concrete

Nuvoco Vistas reports record quarterly EBITDA

Published

1 week ago

June 17, 2025

admin

Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

Published

1 week ago

June 17, 2025

admin

UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.