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Jury selects Indian Cement Review award winners; Awards to be presented at Cement EXPO 2023

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Unveiling Future Tech Innovations

The Jury selected the winners of Indian Cement Review’s “Person of the Year”, “Lifetime Achievement Award” and “Fastest Growing Cement Companies” awardsICR award winners will be felicitated at the 14th Edition of Cement EXPO, India’s leading exhibition for the entire cement industry ecosystem that will be held from December 14-15, 2023, at Manekshaw Center, New Delhi.

Mumbai
The Jury – comprising head honchos of the infrastructure, construction and cement industries – met recently at Shangri La hotel in New Delhi to deliberate on and select the winners of the 7th Indian Cement Review (ICR) Awards. The awards are given for the fastest growing cement companies and stalwarts (under “Person of the Year” and “Lifetime Achievement” categories) for their contribution in the cement industry. ICR award winners will be felicitated at the 14th Edition of Cement EXPO, India’s leading exhibition for the entire cement industry ecosystem that will be held from December 14-15, 2023, at Manekshaw Center, New Delhi.

FIRST Construction Council (an infrastructure think tank) and Indian Cement Review, India’s leading cement publication that has been serving the industry for the last 38 years, are the organisers of the Cement EXPO and ICR Awards & Conference.

This year’s Jury for selecting ICR awards included prominent personalities like Debobroto Banerjee (Director & CEO, EWAC Alloys Ltd); Sumit Banerjee (Former Vice Chairman, Reliance Infrastructure, & Board of Governor, FIRST Construction Council); Dr LP Singh (Director General, NCCBM); KK Taparia (Advisor at Vadraj Cement); Dr Jayprakash Rao (Group President, International, Dineshchandra R. Agrawal Infracon Pvt Ltd); Nagesh Veeturi (Executive Director – Civil, KEC International Ltd); Rahul Ratnakar Deshmukh (MD, Fives India Engineering & Projects Pvt Ltd); and Pratap Padode (Founder & President, FIRST Construction Council).

ICR’s fastest growing cement companies awards are given in three categories – Large (companies having turnover above Rs 5000 crore), Medium (companies having turnover between Rs 2000 crore to Rs 5000 crore), and Small (companies having turnover below Rs 2000 crore). ICR “Person of the Year Award” recognises the heroes of cement industry who have made remarkable achievements during the year. ICR “Lifetime Achievement Award” is presented to the individual who has provided outstanding service to the cement industry for the sustained period of years and has had a significant impact on a large number of individuals and organisations.

After in-depth analysis and thorough deliberations, the Jury selected the winners of the 7th Indian Cement Review Awards.

While the winners of ICR’s “Fastest growing cement companies”, “Person of the Year” and “Lifetime Achievement Award” were selected by the Jury during the meeting, nominations for other prestigious awards are still open. Companies can still nominate themselves under following categories:Innovation of the yearCSR Company of the yearGreen Factory of the yearProduct of the yearExcellence in Sustainability

To nominate for the above awards and to exhibit & know more about Cement EXPO, click here.

With the theme of “Driving Sustainability Through Technology”, Cement EXPO 2023 will be co-located with the 9th Indian Cement Review Conference (which will address the cement industry’s ambitions to deliver sustainable, low-carbon cement) and the 7th Indian Cement Review Awards (where fastest growing cement companies and industry stalwarts will be awarded). The EXPO is expected to have over 100 exhibitors and attract more than 5,000 quality visitors.

The 14th Cement Expo will witness participation of a diverse range of exhibitors representing different facets of the cement industry, including: Cement Equipment Manufacturers; Cement & Concrete Manufacturers; Raw Material Suppliers; Cement Testing and Quality Control Equipment Provider; Construction Equipment; Automation & IT Solutions Providers; Admixtures and Chemical Suppliers; Concrete Reinforcement and Structural Systems; Logistics and Transportation Service Providers; and Material Handling Solutions, among others.

For more information on Cement EXPO 2023, you can reach out to Mr Sujoy Gomes (on Mob: 86577 95881; and email: sujoy.g@asappinfoglobal.com).

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Concrete

Cement Margins to Erode as Energy Costs Rise: CRISIL

CRISIL warns of 150–200 bps margin decline this fiscal

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Crisil Intelligence (CRISIL) released a report on April 13, 2026, indicating Indian cement manufacturers face margin erosion of 150–200 basis points this fiscal, reducing operating margins to between 16 per cent and 18 per cent. The firm noted that this represents a reversal from the prior year when margins expanded by 260–280 basis points. The analysis attributed the shift to rising input costs despite steady demand.

The report said that power and fuel, which typically account for about 26–28 per cent of production cost, are expected to increase by 10–12 per cent year on year, driven by higher prices for crude oil, petroleum coke and thermal coal. Brent crude was assessed as likely to trade between $82 and $87 per barrel, and industrial diesel prices rose by 25 per cent in March, raising logistics and procurement expenses. Such increases have therefore heightened cost pressures across the value chain.

Producers plan to raise selling prices by one–three per cent, which would put the average retail price of a cement bag at around Rs355–Rs360, according to the report. CRISIL’s director Sehul Bhatt was cited as saying that these hikes will at best offset a four–six per cent rise in production costs, leaving little room for higher profitability. The report added that intense competition and continual capacity additions constrain the extent to which firms can pass on costs.

Demand conditions remain supportive, with CRISIL projecting volume growth of six point five–seven point five per cent this fiscal on the back of accelerated infrastructure projects and steady industrial and commercial consumption. Nonetheless, the pace of recovery is sensitive to developments in West Asia, the speed of government infrastructure execution and monsoon performance. The agency noted that any further escalation in energy prices or delays in project execution would widen margin pressures.

Overall, the sector will continue to grow but with compressed margins as energy cost inflation outpaces the limited ability to raise prices. Investors and policymakers will therefore monitor both input cost trajectories and policy measures aimed at alleviating supply chain constraints.

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Concrete

Haver & Boecker Niagara to showcase solutions at Hillhead

Focus on screening tech, diagnostics and quarrying efficiency

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Haver & Boecker Niagara will showcase its mineral processing technologies at Hillhead 2026, scheduled from June 23–25 in Buxton, UK.
At Stand PA3, the company will present its end-to-end solutions including screeners, screen media and advanced diagnostics, with a focus on improving efficiency, uptime and throughput for aggregates producers.
Highlighting its screen media portfolio, the company will feature Ty-Wire media with hybrid design offering up to 80 per cent more open area, alongside FLEX-MAT® solutions designed to enhance wear life and throughput while reducing blinding and clogging.
The showcase will also include its PULSE Diagnostics suite, comprising vibration analysis, condition monitoring and impact testing, aimed at assessing equipment health and preventing unplanned downtime.
Commenting on the event, Martin Loughran, Sales Manager, UK & Ireland, said, “Hillhead presents an excellent opportunity for us to demonstrate how we deliver innovative technologies along with long-term service and technical support.”
The company will also highlight its Niagara F-Class vibrating screen, designed to reduce structural vibration and improve operational reliability under demanding conditions.
The participation reflects Haver & Boecker Niagara’s focus on supporting quarrying operations with advanced screening solutions and predictive maintenance technologies.

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Siyaram Recycling Secures Rs 21.03 mn Order From Anurag Impex

Domestic Fixed Cost Contract To Be Executed Within Seven Days

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Siyaram Recycling Industries Limited (Siyaram Recycling) has informed the stock exchange that it has secured a purchase order for brass scrap honey from Anurag Impex. The company submitted the intimation on 10 April 2026 from Jamnagar and requested the filing be taken on record. The filing was made under the provisions of regulation 30 of the SEBI listing regulations and accompanying circular. The intimation referenced the SEBI circular dated 13 July 2023 and included an annexure detailing the terms.

The order carries a fixed cost value of Rs 21.03 million (mn) and is to be executed domestically within seven days. The contract was described as a fixed cost engagement and the customer was identified as Anurag Impex. The announcement specified that the order size contributes a short term consideration to the company. Owing to the brief execution window, logistics and dispatch were expected to be prioritised.

The filing clarified that neither the promoter group nor group companies have any interest in the purchaser and that the transaction does not constitute a related party transaction. Details were provided in an annexure and the document was signed by the managing director, Bhavesh Ramgopal Maheshwari. The company referenced compliance with SEBI disclosure requirements in its notification. The notice indicated that no related party approvals were required owing to the nature of the transaction.

The order is expected to provide a modest near term revenue inflow and to be processed within the stated execution window given the nature of the product and the fixed cost terms. Management indicated the contract will be executed in accordance with standard operational procedures and accounting recognition at completion. The development signals continuing demand in the secondary metals market for brass scrap.

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