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Dangote Cement test runs $620 million Ibese plant

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Dangote Cement Plc has begun the test run of its six million metric tonnes per annum cement plant at Ibese, near the Polytechnic town of Ilaro in Ogun State, preparatory to the commencement of cement production in August. The 620 million US dollar plant is said to have attained over 80 per cent completion level. It is believed that when the plant rolls out the first batch of ordinary Portland cement in August, it will reduce the price of the product by at least 15 per cent in the open market. All the raw materials required to flag off the production of cement – limestone, shale and red soil, barring gypsum, are readily available at the company’s Ibese Mines. The mines have an estimated reserve of 760 million tonnes of limestone which is expected to last for the next 105 years. The conveyors which are currently being test-run without loads will transport materials from the crusher location to the cement plant located about two kilometres away. Ibese cement plant which has two production lines, will be powered by three turbines being built by the company. Each of the turbines being installed by Siemens of Germany, will generate 37 megawatts of electricity. The Ibese plant can also operate with coal, natural gas and HFO. The plant is equipped with gamma matrix on-line analyser, which is used to control the quality of incoming raw materials from mines automatically and corrects the mix-up to 99 percent at crusher itself. The plants Robo lab ensures that there is no manual intervention. It guarantees auto sampling and testing.

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Concrete

Shree Cement reports 2025 financial year results

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

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Concrete

Rekha Onteddu to become director at Sagar Cements

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

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Concrete

India’s cement consumption set to rise

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According to a Moody’s report, India’s cement consumption is projected to rise by 50 per cent over the next five years, increasing from 445 million metric tons per annum (MMTPA) in FY24 to 670 MMTPA by 2030. This growth is expected to be driven by government infrastructure spending and rising housing demand, with an anticipated annual growth rate of 6-7 per cent. To meet this demand, major cement companies are likely to continue acquiring smaller, less profitable firms.

Image source:https://www.telegraphindia.com/

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