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Achieving net zero is a collective responsibility

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Mayank Kamdar, Marketing Director, Lilanand Magnesite, talks about innovative solutions to address refractory-related challenges and enhance operational efficiency.

Tell us about Lilanand Magnesite.
We are a manufacturer of castable and gunning refractories, based in Porbandar, Gujarat. Our company has been in the business for nearly 25 years, specialising in the manufacturing and supply of high-performance castable refractories, which are primarily used in critical areas of cement plants. Over the years, we have also expanded our customer base to include industries such as steel, cement, and thermal power stations, where we address their refractory-related challenges.

Could you elaborate on some of the bottleneck issues that cement plants typically face and how your products help address these challenges?
Bottleneck issues often arise in specific equipment or areas that experience frequent failures. To address this, we study these areas closely to identify the root causes of the failures. Based on our findings, we develop solutions that either improve the refractory material itself or optimise the application methods in those critical areas. Our goal is to enhance the life and durability of the refractory materials used, thus helping to prevent unplanned shutdowns and minimise operational disruptions.

How does your company maintain consistently high quality or improve quality over time?
We maintain high quality through a rigorous procurement process. Every raw material we use is thoroughly tested before it is incorporated into our production. We work with a select group of reputable suppliers who have consistently provided quality materials over the years, ensuring that the final product meets our strict standards. Additionally, we focus on continuous improvement, constantly evaluating and refining our processes to ensure the highest quality in every batch.

With regard to innovation, are there any new developments or technologies that your company is working on to improve your products?
At Lilanand Magnesites, we are always striving to improve our products through continuous research and development. Currently, one of the key areas of focus is adapting our products to the increasing use of alternative fuels and municipal waste in cement kilns. Over the years, we have developed specialised products designed to withstand the challenging environments created by the burning of alternative fuels. For example, we offer anti-coating castables that are highly durable and suited for use in areas such as the kiln inlet, where AFR and municipal waste are burned.

How does your company contribute to sustainability and environmental conservation?
Our approach to sustainability is focused on manufacturing high-performance products that last longer than conventional refractories. By providing our customers with products that have a longer lifespan, we significantly reduce the need for frequent replacements. This ultimately lowers the refractory consumption per ton of cement produced, making our solution more sustainable. Additionally, by offering durable products, we reduce the overall environmental footprint associated with the manufacturing and disposal of refractories.

What challenges do you face in your industry, and how do you address them?
One of the biggest challenges in the refractory industry is the reliance on natural mineral resources. As these resources are finite, their quality can vary, which poses a challenge in ensuring consistent product quality. To address this, we explore new sources for raw materials and also develop synthetic products that offer consistent quality. Thus, we ensure that our products meet the high standards of our customers, even as natural resources become scarcer.

What is your view on the concept of net zero, and how is your company contributing to achieving this goal?
Achieving net zero is a collective responsibility that involves all stakeholders, from the bottom-most supplier to the top-most consumer. It is not something that can be achieved by any one individual or organisation alone. In our own factory, we have taken significant steps towards sustainability, such as installing solar energy systems that power the entire facility, eliminating our reliance on grid electricity. We also believe that using more durable products, rather than cheaper, less sustainable options, can contribute to reducing the environmental footprint. Every step in the supply chain, from production to consumption, must be geared towards minimising carbon emissions and waste, which will help us collectively achieve the net zero target.

– Kanika Mathur

Concrete

Sambhv Steel Tubes is Now Certified as a Great Place to Work

This certification, valid from January 2025 to January 2026.

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Sambhv Steel Tubes Limited, one of the key manufacturers of electric resistance welded (“ERW”) steel pipes and structural tubes (hollow section) in India in terms of the installed capacity as of March 31, 2024 (Source: CRISIL Report) is pleased to announce that it has been officially certified as a “Great Place to Work® for 2025. 
This certification, valid from January 2025 to January 2026, is a testament to the company’s commitment to fostering a workplace environment built on trust, collaboration, innovation, and employee well-being. Sambhv Steel Tubes also invites talented professionals who share its values of trust, collaboration, and innovation to join its team and be part of its growth journey. The Great Place to Work® certification is a recognized benchmark for workplace excellence. It is awarded based on employee feedback and an evaluation of workplace practices. Achieving this certification underscores Sambhv Steel Tubes’ dedication to nurturing a culture where Sambhv Steel strives to ensure that employees feel valued, supported, and empowered to grow both personally and professionally 
The DRHP is available on the website of the Company at www.sambhv.com, SEBI at www.sebi.gov.in, websites of BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com and the website of the book running lead managers, i.e. Nuvama Wealth Management Limited and Motilal Oswal Investment Advisors Limited at www.nuvama.com and www.motilaloswalgroup.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section entitled “Risk Factors” of the RHP, when filed. Potential investors should not rely on the DRHP for making any investment decision. This announcement does not constitute an offer of the Equity Shares for sale in any jurisdiction, including the United States, and the Equity Shares may not be offered or sold in the United States absent registration under the US Securities Act of 1933 or an exemption from registration. 
Any public offering of the Equity Shares to be made in the United States will be made by means of a prospectus that may be obtained from the Company and that will contain detailed information about the Company and management, as well as financial statements. However, the Equity Shares are not being offered or sold in the United States. CRISIL Market Intelligence & Analytics (CRISIL MI&A), a division of CRISIL Limited, provides independent research, consulting, risk solutions, and data & analytics to its clients. CRISIL MI&A operates independently of CRISIL’s other divisions and subsidiaries, including, CRISIL Ratings Limited.
Image Source: Sambhv Steel Tubes

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Cement Industry Key to Growth, Jobs, and Nation Building in Budget

Budget presents opportunities for cement sector in growth, jobs, and infra.

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The Cement Manufacturers’ Association (CMA) welcomes the Union Budget 2025-26 presented by the Honourable Finance Minister Nirmala Sitharaman. CMA Member Companies have been at the forefront of nation building by significantly contributing to infrastructure development, employment generation, and economic growth. CMA believes that the Budget presents a commendable vision for India’s development through strategic investments in people, economy, and innovation.
Commenting on the Budget, Neeraj Akhoury, President, Cement Manufacturers’ Association (CMA) and Managing Director, Shree Cement Limited, stated, “CMA hails the Union Budget, announced under the leadership of Prime Minister Narendra Modi for its comprehensive focus on holistic and inclusive development. The Budget reinforces a transformative journey towards building a resilient economy for advancing India’s development goals. The various initiatives announced by the Government balance people’s aspirations with the future requirements for the Country’s economic growth. The focus on increased investments on infrastructure across States amplifies opportunities and avenues for the growth of the Cement sector. We appreciate the sustained core focus on infrastructure and reiterate our commitment to being partners in Nation’s progress.<p></p>
<p>The increased spending on large scale housing and infrastructure projects will drive demand for construction materials allowing capacity expansion and promotion of innovation in sustainable practices. We are certain that despite challenges these measures will support the Cement Industry in achieving a consistent CAGR growth rate of more than 6 per cent of installed cement capacity in the present financial year. Policy reforms in Budget 2025-26 signal a reaffirmation of the Government’s intent to augment socio economic growth across core sectors.”
The Cement Industry plays a vital role in creating direct and indirect employment across various sectors, including manufacturing, logistics, and construction, thereby supporting millions of livelihoods. Additionally, the industry remains a key contributor to the Government exchequer through taxes, duties, and levies, strengthening the country’s fiscal framework.
Parth Jindal, Vice President, Cement Manufacturers’ Association (CMA) and Managing Director, JSW Cement Limited, said, “The Budget presented by Finance Minister Smt. Nirmala Sitharaman is a forward-looking roadmap that will play a pivotal role in shaping the future of India’s cement industry, in line with the country’s vision for a Viksit Bharat by 2047. It prioritizes growth in key sectors such as infrastructure, manufacturing, and technology. The increased investment in technology will accelerate advancements in green cement solutions, driving both sustainability and innovation within the industry. Notable allocations, including Rs 200 billion to foster innovation and Rs 1.5 billion in 50-year interest-free loans to states for capital expenditure on infrastructure development, are expected to significantly bolster growth in the core sectors, including cement sector.
He further added, “The Budget’s focus on a three-year pipeline of projects under the public-private partnership (PPP) model will incentivize private sector investment and catalyse a transformation in the infrastructure landscape. Additionally, the establishment of five National Centers of Excellence for skill development, as part of the ‘Make for India, Make for the World’ initiative, will ensure that India’s emerging workforce is well-equipped to meet the demands of a rapidly growing economy.”
In light of the recent Budget announcements, which prioritise infrastructure expansion and affordable housing, the Cement Industry is poised to leverage these opportunities by ensuring steady and sustained supplies of Cement to meet the Nation’s growing domestic market and infrastructure demand coupled with sustainable and innovative technologies. With a strong commitment to sustainability and efficiency, the Cement Industry will continue to drive India’s progress and economic resilience.

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Concrete

GMDC Inks Long-Term Limestone Supply Deal With JK Cement

The agreement has been signed for supply of 250 million tonne.

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State-owned GMDC said it has entered into a long-term pact with JK Cement Ltd for the supply of limestone from its upcoming mine in Gujarat. 
The agreement has been signed for supply of 250 million tonnes of limestone over a period of 40 years from its upcoming Lakhpat Punrajpur Mine in Lakhpat Taluka of Kutch district in Gujarat. 
This agreement will help JK Cement Ltd in setting up an integrated mega-capacity cement plant, fostering industrial growth in the region.Kutch’s coastal proximity, improved access to domestic and international markets, and cost-efficient logistics position it as an ideal hub for cement production. 
The state-owned company has five operational lignite mines in Kutch, South Gujarat, and Bhavnagar region.          

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