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Customisation is a cornerstone of our approach

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Rajeev Manchanda, Director, Christian Pfieffer, talks about pioneering sustainable solutions in cement manufacturing with Kanika Mathur.

For over 70 years, CPG Group has been at the forefront of innovation in the cement industry, delivering customised, high-quality solutions for manufacturers worldwide. With a strong focus on technology, efficiency and sustainability, the company continues to revolutionise cement production. In this interview, we explore how CPG Group’s expertise, strategic collaborations and eco-friendly initiatives are shaping the future of the industry.

How does your company collaborate with the cement industry?
Our company, CPG Group, has been a prominent name in the cement industry for the last 70 years. We are known for manufacturing complete cement plants, including clinkerisation units, cement mills, raw mills, and pyro systems, among other components. Our operations are backed by four workshops where we produce approximately 80 per cent of the required machinery in-house. This enables us to maintain high standards of quality and precision, ensuring that the equipment meets the specific demands of the cement industry. Over the decades, we have built strong relationships with cement manufacturers, delivering solutions tailored to their needs and contributing to the industry’s growth and sustainability.

Do you customise your machinery based on the cement manufacturers’ requirements?
Absolutely. All our designs and manufacturing processes are tailored to the specific requirements of our clients. We do not rely on pre-designed equipment. Instead, we analyse the client’s needs, assess their operational challenges, and then design machinery to address those requirements effectively. Customisation is a cornerstone of our approach, as every cement manufacturer operates under unique conditions. By aligning our solutions with their specific goals and constraints, we ensure that our clients achieve optimal performance, efficiency, and cost-effectiveness.

How is technology helping improve your operations, and how is it helping the cement industry enhance theirs?
Technology plays a vital role in both our operations and those of the cement industry. We have established several collaborations with leading European companies to provide cutting-edge technology and services. These partnerships allow us to offer energy-efficient and environmentally friendly solutions to our clients. For example, we work closely with Semprotect to optimise the calorific value of clinkerisation plants, which significantly reduces coal consumption. By saving coal, we not only cut costs but also contribute to environmental preservation.
All our equipment is designed with the primary objectives of saving energy, minimising coal usage, and increasing production efficiency. Our approach involves replacing outdated systems with modern, optimised ones, which have consistently delivered substantial benefits to our clients. These improvements are aligned with our commitment to reducing the industry’s carbon footprint while enhancing operational efficiency.

Can you share an example where your company upgraded a system for a client and delivered significant results?
Recently, we upgraded a part of a cooler that was originally supplied by another vendor. By making specific modifications to the system, we managed to save 15 kilocalories per kilogram of clinker. This improvement directly reduced coal consumption, resulting in significant cost savings for the client. Additionally, it contributed to a reduction in environmental impact.
There are many such instances where we have enhanced production efficiency, reduced power consumption, and minimised coal usage for our clients. These projects underscore our expertise in delivering customised solutions that address the unique challenges faced by cement manufacturers. Such interventions not only benefit our clients financially but also align with broader environmental sustainability goals.

What is your perspective on sustainability in your operations and within the cement industry?
To me, sustainability means ensuring that systems and operations can run profitably over the long term. For our company, sustainability involves designing systems that help clients reduce production costs while improving efficiency and environmental performance. When businesses adopt such practices, they naturally achieve more sustainable operations.
Sustainability creates a win-win scenario: it benefits our clients by improving their profitability, it supports the environment by reducing emissions and resource consumption, and it strengthens the industry by promoting long-term viability. Our work in optimising energy usage, reducing coal consumption, and increasing production efficiency exemplifies this balanced approach to sustainability. It’s a comprehensive effort that positively impacts all stakeholders, including the country and the global environment.

What is your view on the net-zero mission, and how is your company contributing to it?
The net-zero mission is an ambitious but essential goal for the cement industry and beyond. At CPG Group, we are doing our part by focusing on reducing coal consumption, optimising power usage, and minimising pollution in cement production. For example, in our designs, we aim to significantly reduce the emission of pollutants. While earlier systems emitted 100 milligrams of particulate matter per cubic meter, we have progressively reduced this to 50 milligrams and now maintain levels as low as 10 milligrams.
Our efforts also extend to designing equipment and processes that minimise the environmental impact of cement production. Cement manufacturing is inherently a polluting process, but by incorporating innovative technologies, we aim to mitigate its effects. Achieving net zero will require joint efforts from all stakeholders, including manufacturers, suppliers, governments, and society at large.
It is a challenging journey that requires time, resources, and collaboration. While our contribution may seem small in the grand scheme of things, we believe that every step counts. By continuously improving our systems and designs, we are moving closer to a more sustainable future for the industry.

Concrete

Ambuja Cements Delivers Strong Q2 FY26 Performance Driven by R&D and Efficiency

Company raises FY28 capacity target to 155 MTPA with focus on cost optimisation and AI integration

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Ambuja Cements, part of the diversified Adani Portfolio and the world’s ninth-largest building materials solutions company, has reported a robust performance for Q2 FY26. The company’s strong results were driven by market share gains, R&D-led premium cement products, and continued efficiency improvements.
Vinod Bahety, Whole-Time Director and CEO, Ambuja Cements, said, “This quarter has been noteworthy for the cement industry. Despite headwinds from prolonged monsoons, the sector stands to benefit from several favourable developments, including GST 2.0 reforms, the Carbon Credit Trading Scheme (CCTS), and the withdrawal of coal cess. Our capacity expansion is well timed to capitalise on this positive momentum.”
Ambuja has increased its FY28 capacity target by 15 MTPA — from 140 MTPA to 155 MTPA — through debottlenecking initiatives that will come at a lower capital expenditure of USD 48 per metric tonne. The company also plans to enhance utilisation of its existing 107 MTPA capacity by 3 per cent through logistics infrastructure improvements.
To strengthen its product mix, Ambuja will install 13 blenders across its plants over the next 12 months to optimise production and increase the share of premium cement, improving realisations. These operational enhancements have already contributed to a 5 per cent reduction in cost of sales year-on-year, resulting in an EBITDA of Rs 1,060 per metric tonne and a PMT EBITDA of approximately Rs 1,189.
Looking ahead, the company remains optimistic about achieving double-digit revenue growth and maintaining four-digit PMT EBITDA through FY26. Ambuja aims to reduce total cost to Rs 4,000 per metric tonne by the end of FY26 and further by 5 per cent annually to reach Rs 3,650 per metric tonne by FY28.
Bahety added, “Our Cement Intelligent Network Operations Centre (CiNOC) will bring a paradigm shift to our business operations. Artificial Intelligence will run deep within our enterprise, driving efficiency, productivity, and enhanced stakeholder engagement across the value chain.”

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Concrete

JSW Paints to Raise Rs 33 Billion for Akzo Nobel India Deal

Funds to part-finance Rs 129.15 billion acquisition of 74.76 per cent stake.

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JSW Paints Limited (JSWPL) plans to raise Rs 33 billion through non-convertible debentures (NCDs) to partly fund the Rs 129.15 billion acquisition of a 74.76 per cent stake in Akzo Nobel India Ltd, according to an exchange filing. The deal, which will trigger an open offer for the remaining shares, forms part of the JSW Group’s Rs 65 billion capital infusion plan.

The bonds, to be issued on Friday, are rated ‘AA– (Stable)’ by ICRA, which noted that the NCDs will carry a five-year bullet repayment, with a call/put option after three years. Only a portion of the coupon will be paid annually, with the balance payable upon redemption.

ICRA said JSW Paints’ debt servicing obligations can be comfortably met through operating profits and dividends expected from Akzo Nobel India until maturity. However, it cautioned that the company’s leverage will remain elevated at over four times in the medium term.

JSW Paints, part of the JSW Group promoted by Sajjan Jindal and led by Managing Director Parth Jindal, plays a strategic role in supplying industrial coatings to JSW Steel. To date, JSW Steel has infused Rs 7.5 billion, while South West Mining Ltd has contributed Rs 1.5 billion towards capital expenditure, debt repayment, and working capital needs.

ICRA expects continued promoter support for the acquisition, which will be financed through a mix of borrowings and equity infusion at the JSW Paints level.

Post-acquisition, JSW Paints’ business profile is expected to strengthen significantly, benefiting from operational synergies, an expanded dealer network, and access to advanced coating technologies. The merger will position the combined entity — JSW Paints and Akzo Nobel India — as India’s fourth-largest decorative paint company and second-largest in the industrial segment. The acquisition will also give JSW access to premium brands like Dulux and new segments such as vehicle refinishes and marine coatings.

In FY25, JSW Paints recorded revenues of Rs 21.55 billion. The company expects a sharp rise in FY26 and beyond, supported by synergies in manufacturing, logistics, and marketing. ICRA projects healthy double-digit operating margins by FY27, marking a strong turnaround from operating losses in FY25.

The acquisition, initially announced in June 2025, valued the 74.76 per cent stake at Rs 94 billion and received Competition Commission of India (CCI) approval on 16 September 2025. The deal is expected to close within the current financial year.

Following the transaction, the Dutch parent company of Akzo Nobel India will retain the powder coatings business and R&D centre, while JSW Paints will integrate the rest of the operations.

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Concrete

SAIL Bokaro Develops New Electrical Steel Grade

BSL produces 1,100 tonnes of energy-efficient special steel.

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Steel Authority of India Limited (SAIL) has announced that its Bokaro Steel Plant (BSL) has developed a special grade of electrical steel for the first time, marking a significant milestone in the company’s efforts to expand its portfolio of high-value and advanced steel products.

The newly developed steel is designed for use in electric motors, generators, small power transformers, electrical appliances, and rotors for hybrid and electric vehicles, contributing to enhanced energy efficiency and supporting India’s growing green mobility and energy infrastructure sectors.

In a statement, SAIL said, “The Bokaro Steel Plant has achieved a major milestone in product development by successfully producing about 1,100 tonnes of 0.5 mm thick IS 18316 LS Grade Non-Grain Oriented (NGO) Electrical Steel for the first time.”

The innovation is expected to position SAIL as a key domestic supplier of specialised electrical steel, reducing dependence on imports for critical industrial applications. It also aligns with the company’s broader strategy to move up the value chain and contribute to India’s self-reliance in advanced materials manufacturing.

The Bokaro Steel Plant’s success in developing this new grade of steel underscores SAIL’s focus on technology-driven production, quality enhancement, and sustainable industrial growth.

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