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Ajay Kapur honored as top visionary CEO

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The list features 23 notable CEOs, including Kapur

ACC and Ambuja Cements, the cement and building material companies of Adani Cement and part of Adani Group, are delighted to announce that Ajay Kapur, CEO, Adani Cement, ACC and Ambuja Cements has been recognised as one of the Top Visionary CEOs by the HR Association of India (HRAI).

HRAI announced the list of Visionary CEOs as part of the 23 of 2023 initiative aimed at recognising leaders who have demonstrated exceptional leadership, strategic vision, and business acumen in their respective organisations.

The list features 23 notable CEOs, including Kapur, who has been featured for his outstanding contributions to his organisation and the cement sector. His leadership has been instrumental in driving growth and innovation for the cement business.

Kapur said, “I am truly humbled and honoured to be recognised amongst the Top Visionary CEOs by the HR Association of India. This recognition is a testament to the hard work and dedication of the entire team at Adani Cement. I strongly believe that exceptional leadership is all about inspiring and empowering people, and this recognition further inspires me to continue leading our team with a clear vision and unwavering commitment to our goals. I dedicate this award to my team who have played an instrumental role in our success.” The recognition from the HR Association of India is a testament to Kapur’s outstanding contributions to the industry. He has not only demonstrated exceptional leadership but has also inspired others in his field. His vision, dedication, and unwavering commitment to excellence have made him a role model for many in the industry.

Concrete

thyssenkrupp Polysius, SaltX partner for electrified production

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thyssenkrupp Polysius and Swedish startup SaltX have signed a Letter of Intent (LOI) to co-develop the next generation of electrified production facilities, advancing industrial decarbonisation. Their collaboration will integrate SaltX’s patented Electric Arc Calciner (EAC) technology into thyssenkrupp Polysius’ green system solutions, enabling electric calcination, replacing fossil fuels with renewable energy, and capturing CO2 for emission-free production. Dr Luc Rudowski, Head of Innovation, thyssenkrupp Polysius, emphasised that this partnership expands their portfolio of sustainable solutions, particularly in cement, lime, and Direct-Air-Capture (DAC). Lina Jorheden, CEO, SaltX, highlighted the significant CO2 reduction potential, reinforcing their commitment to sustainable industrial processes.

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Concrete

Terra CO2 secures $82m to scale low-carbon cement technology

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Terra CO2, a US-based sustainable building materials company, has raised $82 million in Series B funding, co-led by Just Climate, Eagle Materials and GenZero, with continued support from Breakthrough Energy Ventures. The investment will accelerate the commercial deployment of Terra’s OPUS technology, enabling the construction of multiple production facilities across North America and Europe. With the cement industry responsible for 8 per cent of global CO2 emissions, Terra’s solution provides an immediate, scalable alternative using abundant raw materials that integrate seamlessly with existing infrastructure. The company has secured key partnerships, including a deal with Eagle Materials for multiple 240,000-tonne plants.

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Concrete

Titan Cement Group enters South Asia

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Titan Cement Group has expanded into the South Asian market through a joint venture with JAYCEE, an India-based producer of supplementary cementitious materials. Titan will hold a majority stake in the newly formed company, Atlas EcoSolutions, which will focus on sourcing, processing, marketing, and distributing SCMs globally. This initiative aims to support sustainable construction by promoting alternatives to clinker-based cement. Jean-Philippe Benard, Head of Supply Chain and Energy Development, emphasised that the venture aligns with Titan’s strategy to lead in low-carbon building materials while reinforcing its commitment to sustainability and innovation. The move strengthens Titan’s position in a high-growth market while ensuring long-term access to SCMs.

 

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