Concrete

In India, waste management is a complex issue

Published

1 year ago

April 18, 2025

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Jignesh Kundaria, Director and CEO, Fornnax Technology, discusses revolutionising waste management with cutting-edge shredding technology.

Fornnax Technology is driving sustainability in the Indian cement industry by providing advanced shredding and recycling solutions. By enabling efficient processing of alternative fuels and raw materials, the company helps cement plants reduce reliance on fossil fuels and lower carbon emissions. Jignesh Kundaria, Director and CEO, sheds light on how they are supporting the industry’s goal of achieving a 30 per cent Thermal Substitution Rate (TSR) by 2030.

How does Fornnax Technology’s expertise in shredding and recycling equipment enhance operational efficiency and sustainability in the cement industry?
Fornnax Technology is accelerating the Indian cement industry’s goal of reaching up to 30 per cent by 2030 TSR from the current four to six per cent by setting up alternative fuels and raw materials and refuse derived fuel plants, thereby reducing reliance on fossil fuels.
Our expertise in developing robust shredding and recycling machinery directly addresses this need.
By providing advanced solutions for processing AFR, we enable cement plants to efficiently utilise waste materials.
Our SR-MAX series primary and R-Max series secondary shredders, for example, are engineered to handle challenging waste streams, including contaminated municipal solid waste, transforming them into valuable alternative fuels for cement kilns.
This will not only enhance operational efficiency by optimising waste processing but also significantly contributes to sustainability by lowering greenhouse gas emissions and promoting a greener approach to cement production.
Essentially, we empower the cement industry to close the gap between current AFR usage and its potential, driving them towards a more sustainable and environmentally responsible future.

What role does advanced technology play in optimising waste recycling for cement production, and how does Fornnax ensure its solutions contribute to energy efficiency and carbon footprint reduction?
Advanced technology is pivotal in optimising waste recycling for cement production. The cement industry’s carbon footprint is substantial, and technology offers the means to significantly reduce it.
At Fornnax, we are at the forefront of this innovation. Our inhouse expert research and development teams are focused on creating cutting-edge recycling solutions that address the specific challenges of waste processing in the cement sector with customised approach.
Our shredders, for instance, are specifically designed to efficiently process heterogeneous and unorganised waste materials and capable of operating for over 200 to 100 tonne per day ensuring consistent and high-quality outputs suitable for AFR and RDF Plants.
This extended operational capacity has given us a distinct advantage over many of our European, American and Chinese competitors.
We believe that innovative recycling technology is the key to providing effective and economical solutions, thus we constantly upgrade our technology as per the evolving regulations and industry standards, ensuring our solutions not only meet but exceed expectations for energy efficiency and carbon footprint reduction.

How does Fornnax differentiate itself from competitors in providing tailored shredding and recycling solutions for cement plants, and what level of customisation do you offer to meet industry-specific requirements?
Fornnax distinguishes itself by offering a comprehensive range of modern, robust, and large-capacity recycling solutions that are specifically tailored to the unique needs of the cement industry.
Our deep understanding of the cement industry’s challenges, combined with our expertise in advanced shredding and recycling technologies, allows us to provide efficient and sustainable solutions.
We prioritise a customer-centric approach, embodied in our Customer-Based Product Development Process (CBPD). This involves close collaboration with clients to understand their specific pain points and develop solutions that meet their exact requirements.
We offer a high level of customisation – from the design and configuration of our shredders to additional features and services that enhance performance and efficiency.
Our highly qualified engineering team works closely with clients to address their specific needs, including production capacity, waste type, desired output size and power constraints.
This ensures that our machinery aligns perfectly with their distinct visions and operational requirements. We also provide robust after-sales support across India, ensuring prompt and timely resolution of any issues.

Can you share insights into any recent innovations by Fornnax that have the potential to transform waste management and alternative fuel processing in the cement industry?
Our recent launch of the SR-MAX2500 primary shredder at IFAT 2024 Mumbai marks a significant innovation with the potential to transform waste management and alternative fuel processing in the cement industry.
This hydraulic drive motor-powered shredder is specifically designed to efficiently shred challenging materials into manageable sizes. The application areas include municipal solid waste (MSW), industrial and commercial waste, bulky waste, construction and demolition debris, wood waste and more.
The SR-MAX2500 Primary Shredder is designed with ease of maintenance in mind, featuring specially designed knives with hard face multiple times for low-cost operations. Additionally, the replaceable cartridge assembly eliminates the need to change the full cutting chamber in case of a worn-out cartridge, reducing downtime and increasing overall efficiency.
In terms of the longevity, the SR-MAX2500 is built to last, boasting a completely hard-faced shaft knives assembly, hard-faced knives and replaceable wear plates to increase the durability of the cutting chamber. Furthermore, the hydraulic hoses are always connected to the motors, ensuring oil cleanliness and prolonging the lifespan of the motors. The heavy-duty, open-grate cartridge and static knives/fingers placement also ensure that abrasives, including aggregate, sand, soils and metal fragments, will fall directly through the cartridge, reducing wear and operating costs. This robust design ensures that the SR-MAX2500 will provide years of reliable service, even in the toughest operating conditions.
Therefore, by prioritising sustainability and aligning with the vision of achieving Net Zero emissions, we believe the SR-MAX2500 primary shredder has the potential to revolutionie waste management and alternative fuel processing in the cement industry, and we are excited to see the impact it will have.

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Concrete

Cement Prices To Hold Steady Amid Monsoon Slump

Centrum report says demand weakness will limit hikes

Published

13 hours ago

July 6, 2026

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Centrum, a financial services firm, has reported that cement prices are likely to remain largely unchanged in July as weak demand during the monsoon season constrains pricing power. The report noted that construction activity remained subdued in the first quarter of fiscal year 2027 owing to labour shortages and slower execution of government projects. While June showed some volume recovery driven by delayed monsoons and quarter end sales, dealers are cautious about sustaining any price increases.

The analysis suggested that seasonal slowdown related to monsoon will prolong demand and pricing challenges through the second quarter. Dealers saw most recent attempts at price hikes as protective measures rather than genuine shifts in market fundamentals. They signalled that pockets of demand in select regions could prompt isolated adjustments but that broad based increases were unlikely while construction activity remained weak. Market participants therefore expected a cautious stance on pricing.

The report highlighted that despite intermittent recovery in shipments during June, the underlying demand trajectory remained muted as monsoon hampered site level activity and logistics. Commercial builders and retail dealers both reported constrained order books and slower payment cycles, which in turn reduced room for margin expansion among manufacturers. Analysts noted that unless government project execution accelerates markedly, demand improvement would be gradual. Price setters were thus likely to focus on protecting market shares rather than pursuing aggressive increases.

Market watchers said the near term outlook would be shaped by monsoon progress and fiscal spending patterns, with any acceleration in public works offering the most tangible support. Traders expected that regional variations would persist and that trade flows between surplus and deficit centres would determine local price movements. The report concluded that stakeholders should prepare for a period of subdued pricing until demand signals strengthen.

Concrete

Cement Prices Set To Stay Under Pressure In July

Monsoon and weak demand keep prices under strain

Published

13 hours ago

July 6, 2026

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A report by Centrum said cement prices are expected to remain largely flat in July as the monsoon and weak demand weigh on the sector. The report said demand during the first quarter of FY27 remained range-bound and below expectations, with dealers across markets pointing to subdued construction activity, labour shortages, elections, heatwaves and slower execution of government projects as key reasons. It noted that some recovery was witnessed in June due to delayed onset of the monsoon and quarter-end volume push.\n\nDealers across most markets do not expect any meaningful price increases in July, the report said, adding that attempts to raise prices in some markets are aimed at defending existing levels rather than achieving significant gains. The sharp correction following the rollback of April hikes has largely played out across most regions, limiting scope for further immediate increases. Seasonal slowdown in construction activity during the monsoon is expected to continue affecting demand and pricing in the coming months.\n\nCentrum indicated that pricing pressure is likely to persist through the second quarter of FY27 as monsoon-related softness continues. Dealers remain cautious about sustainability of any price rise attempts and do not rule out further weakness during the peak monsoon period. The combination of subdued demand and seasonal factors is likely to constrain the industry’s ability to raise prices in the near term. While June saw some improvement in volumes because of delayed rains and quarter-end sales efforts, the broader demand environment remains challenging.\n\nCement companies are therefore expected to focus on maintaining current price levels rather than pursuing aggressive increases as the sector navigates weak demand and seasonal headwinds. The report suggested that unless demand conditions improve significantly, limited scope will exist for meaningful price recovery. Market participants remain watchful for any shifts in execution of infrastructure projects or construction activity that could alter the outlook.

Concrete

TARIL Secures Ultra Mega Transformer Order From PGCIL

Order for manufacturing transformers to be delivered in 30 months

Published

13 hours ago

July 6, 2026

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Transformers and Rectifiers (India) Limited has received Notifications of Awards from Power Grid Corporation of India Limited (PGCIL) for multiple contracts to manufacture transformers and undertake associated works. The company submitted the disclosure to BSE and the National Stock Exchange under Regulation 30 of the SEBI Listing Regulations. The submission cited security code 532928 and trading symbol TARIL, and the filings cite the award reference and confirm execution in accordance with the terms and conditions stipulated in the notifications.

The contracts are described as an Ultra Mega Order under the company classification, indicating a value at or above Rs 10 billion (bn) on conversion. The filing identifies the contracts as domestic orders and specifies a scheduled delivery period of 30 months. The scope covers manufacturing of transformers of various ratings together with all associated work. The order size places it in the highest project classification defined in the company’s disclosure.

The disclosure states that the promoter group and group companies have no interest in the awarding entity and that the contracts do not constitute related party transactions. The company noted that the awards will be executed in the normal course of business and not fall within related party transactions. The document reiterates that the company is committed to delivering high quality products and services and has established itself as a leading manufacturer of transformers in the country over time.

Chief Financial Officer Mehul Shah authorised the filing and requested the exchanges to take the information on record, with the company providing the requisite filing reference in its submission. The company indicated that the orders will be executed as per the notifications of awards and the applicable regulatory framework. The original filing is available on the stock exchange portal at the provided link.