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We intend to use C&D waste as a raw material

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Neeraj Akhoury, Managing Director, Shree Cement, talks about their commitment to sustainability, advanced technology and quality assurance.

What are the various types of concrete mix manufactured by your organisation?
Shree Cement’s product, Bangur Concrete, introduces a range of specialised concrete solutions designed to meet the diverse applications and structural requirements of our customers. Our portfolio includes self-compacting concrete, temperature-controlled concrete, decorative concrete, fibre reinforced concrete, green concrete and high performance concrete.
Our application-specific concrete solutions help in timely completion of all projects, ensuring durable structures for every application in construction projects of all kinds.

Tell us about the key factors that make your concrete brand stand apart from its competitors in the industry.
Bangur Concrete is focused on setting up its own capex state-of-the-art manufacturing units equipped with modern machinery and advanced technology, backed by our world class cement manufacturing units. These units will be equipped to manufacture all types of special concrete, having advanced testing facilities, experienced best-in-industry technical manpower and digitised solutions. One of our USPs is our focus on providing sustainable green solutions to our customers by keeping our plants environmentally friendly and reducing carbon footprint through optimised mix designs and the use of best mineral admixtures.

Which type of concrete mix from your organisation is the revenue driver?
We will be producing concrete ranging from M5 to M80 grades, and special products as well. Typically, a majority of revenue comes from M20-M30 grade of concrete, which is being
used in most of the construction including IHBs.

Tell us about the key technologies used in the manufacturing process of your ready-mix concrete?
We have equipped our plants with various technologies to enhance efficiency and sustainability. These include concrete recycling plants for reusing waste concrete, dust filters for absorbing dust at silos for reuse, vehicle tracking systems for transparent service, quality management systems for quality assurance, advanced batching systems for accuracy in customer orders and filter press for water reuse.

What is the ratio of M-Sand or manufactured sand used in your concrete mix?
We plan to use ~29 per cent manufactured sand in our concrete mix.

How do you incorporate sustainability in your products?
We plan to make ~85 per cent of Bangur concrete using flyash and GGBS, two environmentally sustainable choices which emit less carbon dioxide. Additionally, we intend to use Construction and Demolition (C&D) waste as a raw material in our concrete, addressing environmental issues related to its disposal.

What are the major challenges faced by your concrete brands from manufacturing to delivering stages?
Major challenges that we face include traffic restrictions, space constraints for setting up plants in proximity to the city, changing construction schedules (such as night pours), meeting strict supply windows and navigating changing government norms like NGT ban in Delhi NCR. Additionally, the longer distance between RMC plants and major development areas due to unavailability of industrial lands poses another challenge. However, we have an excellent team in place who are well positioned to find sustainable and logical solutions to challenges that come our way.

What does the near future hold for the ready mix concrete vertical of your organisation?
One of the biggest contributions to our nation’s economy comes from the construction industry where concrete plays a very important part. Ready mix concrete (RMC) is crucial for speedy construction with consistent quality assurance. In India, RMC accounts for 20 per cent of construction consumption, whereas in developing nations it is as high as 75 per cent. We are optimistic that India will soon bridge this gap, boosting the country’s growth and development.
Shree Cement is one of India’s leading cement manufacturers. Foraying into the RMC business will propel us forward in our journey to becoming a multi-product company poised to play a significant role in shaping our country’s vision of having world class infrastructure across sectors like airports, ports, metro, roads, railways, etc. Shree Cement will set up ~100 Bangur concrete plants in the next three years, generating ~3000 direct and indirect employment opportunities. We will be operating in ~50 cities to serve our customers in various segments.

  • Kanika Mathur

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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