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Concrete

Automation enables real-time monitoring

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Rajender Sharma, Vice President – Process, Wonder Cement, talks about leveraging alternative raw materials, fuels and advanced technologies to reduce carbon emissions and marching towards net zero goals.

What is the current sentiment in the cement industry about going green?
In recent years, there has been a significant shift in the sentiment within the cement industry towards embracing sustainability and going green. With growing awareness of environmental concerns and the urgent need to mitigate climate change, cement manufacturers worldwide are increasingly focusing on eco-friendly practices and innovations to reduce carbon emissions and environmental footprint.

Tell us about the key alternative raw materials used for the manufacturing of green cement?
Key alternative raw materials used for manufacturing green cement include industrial by-products such as fly ash, slag and silica fume. These materials not only reduce the consumption of traditional raw materials like limestone and clay but also help in lowering carbon emissions during the production process.

Fuel plays an important role in the green initiative of the cement industry. How does the use of alternative fuels impact the productivity and efficiency of the manufacturing process?
The use of alternative fuels, such as biomass, waste-derived fuels and alternative fossil fuels, significantly contribute to the green initiative of the cement industry by reducing dependency on fossil fuels and decreasing carbon emissions. While initially, there may be some adjustments required in manufacturing processes, the long-term benefits include improved productivity, enhanced energy efficiency and reduced environmental impact.

Tell us about the cement blends or products from your organisation that are lower in their carbon content.
At Wonder Cement, we are committed to producing cement blends and products that are not only high-quality but also environmentally sustainable. Our range of low-carbon cement blends includes products formulated with a higher percentage of supplementary cementitious materials, such as fly ash and conditioned fly ash, resulting in a reduced carbon footprint compared to traditional cement products.

Tell us about your net zero goals. How much have you achieved so far?
Wonder Cement has set ambitious net zero goals to minimise carbon emissions across our operations. While we have made significant progress in reducing our carbon footprint through various initiatives and investments in sustainable technologies, we continue to strive towards achieving our ultimate goal of becoming carbon-neutral.

How do you incorporate sustainability into your cement manufacturing process?
Sustainability is at the core of our cement manufacturing process at Wonder Cement. We incorporate sustainable practices such as optimising energy consumption, utilising alternative raw materials and fuels, implementing advanced emission control technologies, and promoting circular economy principles to minimise waste generation and environmental impact.

Can the incorporation of automation and technology further the green initiative of the cement industry?
Absolutely. The incorporation of automation and advanced technology in cement manufacturing not only enhances operational efficiency and product quality but also facilitates the adoption of sustainable practices. Automation enables real-time monitoring and optimisation of processes, leading to reduced energy consumption, lower emissions and overall environmental sustainability.
What are the major challenges in reducing the carbon content of cement manufacturing, and how can they be resolved?
One of the major challenges in reducing the carbon content of cement manufacturing is the industry’s reliance on traditional production methods and raw materials. However, with continuous research and development, along with investments in innovative technologies and alternative materials, such as carbon capture and utilisation, the cement industry can overcome these challenges and transition towards greener and more sustainable production practices.

How do you measure the impact of your green cement on the environment and society?
At Wonder Cement, we employ rigorous monitoring and assessment processes to measure the environmental and social impact of our green cement products. This includes evaluating factors such as carbon emissions, resource utilisation, community engagement, and stakeholder feedback. We continuously
strive to improve the sustainability of our products through innovation, research, and collaboration with industry partners and experts. Our commitment to sustainability extends beyond compliance, as we aim to create lasting positive impacts on the environment and society.
As a responsible player in the cement industry, Wonder Cement remains steadfast in its dedication to sustainable practices, innovation, and environmental stewardship. Our journey towards a greener future is ongoing, and we are proud to lead by example in shaping a more sustainable cement industry for generations to come. By prioritising sustainability, innovation, and collaboration, Wonder Cement is committed to leading the transition towards a greener and more sustainable cement industry.

  • Kanika Mathur

Concrete

Construction Costs Rise 11% in 2024, Driven by Labour Expenses

Cement Prices Decline 15%, But Labour Costs Surge by 25%

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The cost of construction in India increased by 11% over the past year, primarily driven by a 25% rise in labour expenses, according to Colliers India. While prices of key materials like cement dropped by 15% and steel saw a marginal 1% decrease, the surge in labour costs stretched construction budgets across sectors.

“Labour, which constitutes over a quarter of construction costs, has seen significant inflation due to the demand for skilled workers and associated training and compliance costs,” said Badal Yagnik, CEO of Colliers India.

The residential segment experienced the sharpest cost escalation due to a growing focus on quality construction and demand for gated communities. Meanwhile, commercial and industrial real estate remained resilient, with 37 million square feet of office space and 22 million square feet of warehousing space completed in the first nine months of 2024.

“Despite rising costs, investments in automation and training are helping developers address manpower challenges and streamline project timelines,” said Vimal Nadar, senior director at Colliers India.

With labour costs continuing to influence overall construction expenses, developers are exploring strategies to optimize operations and mitigate rising costs.

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Concrete

Swiss Steel to Cut 800 Jobs

Job cuts due to weak demand

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Swiss Steel has announced plans to cut 800 jobs as part of a restructuring effort, triggered by weak demand in the global steel market. The company, a major player in the European steel industry, cited an ongoing slowdown in demand as the primary reason behind the workforce reduction. These job cuts are expected to impact various departments across its operations, including production and administrative functions.

The steel industry has been facing significant challenges due to reduced demand from key sectors such as construction and automotive manufacturing. Additionally, the broader economic slowdown in Europe, coupled with rising energy costs, has further strained the profitability of steel producers like Swiss Steel. In response to these conditions, the company has decided to streamline its operations to ensure long-term sustainability.

Swiss Steel’s decision to cut jobs is part of a broader trend in the steel industry, where companies are adjusting to volatile market conditions. The move is aimed at reducing operational costs and improving efficiency, but it highlights the continuing pressures faced by the manufacturing sector amid uncertain global economic conditions.

The layoffs are expected to occur across Swiss Steel’s production facilities and corporate offices, as the company focuses on consolidating its workforce. Despite these cuts, Swiss Steel plans to continue its efforts to innovate and adapt to market demands, with an emphasis on high-value, specialty steel products.

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Concrete

UltraTech Cement to raise Rs 3,000 crore via NCDs to boost financial flexibility

UltraTech reported a 36% year-on-year (YoY) decline in net profit, dropping to Rs 825 crore

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UltraTech Cement, the Aditya Birla Group’s flagship company, has announced plans to raise up to Rs 3,000 crore through the private placement of non-convertible debentures (NCDs) in one or more tranches. The move aims to strengthen the company’s financial position amid increasing competition in the cement sector.

UltraTech’s finance committee has approved the issuance of rupee-denominated, unsecured, redeemable, and listed NCDs. The company has experienced strong stock performance, with its share price rising 22% over the past year, boosting its market capitalization to approximately Rs 3.1 lakh crore.

For Q2 FY2025, UltraTech reported a 36% year-on-year (YoY) decline in net profit, dropping to Rs 825 crore, below analyst expectations. Revenue for the quarter also fell 2% YoY to Rs 15,635 crore, and EBITDA margins contracted by 300 basis points. Despite this, the company saw a 3% increase in domestic sales volume, supported by lower energy costs.

In a strategic move, UltraTech invested Rs 3,954 crore for a 32.7% equity stake in India Cements, further solidifying its position in South India. UltraTech holds an 11% market share in the region, while competitor Adani holds 6%. UltraTech also secured $500 million through a sustainability-linked loan, underscoring its focus on sustainable growth driven by infrastructure and housing demand.

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