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Cos met regularly to control mkt share, hold back supply: CCI

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The Competition Commission of India says that cement firms met regularly to fix prices, control market share and hold back supply. Cement firms deny this and have filed an appeal.The Commission claims that cement companies in India had been organising themselves in a cartel for a while now, colluding, during industry body meetings, to fix production levels as well as the price of a bag of cement – in this case doubling it between 2004 and 2011 – so they could make windfall, illegal profits.Also decided during these meetings, says the Commission, was market share. If the allegations turn out to be true, everything that involves construction and infrastructure, from the taxes you pay for your roads, to the rentals you pay for your stores – and by extension the products you buy from those stores – are much more expensive, thanks to this illegal activity.Consequently, the CCI has slapped a fine totalling Rs 6,307.32 crore on the top-10 cement companies here and the industry body Cement Manufacturers’ Association (CMA). The companies accused in CCI’s report have denied all allegations of cartelisation and are determined to appeal the judgement.Cartels are agreements between enterprises to attempt to control the production, distribution, sale and price of goods and services. This could involve, say, allocating market share or sales quotas, or engaging in collusive bidding or bid-rigging in one or more markets.For consumers, cartelisation results in higher prices, poor quality and less or no choice of goods and services. In 2000, the European Commission fined five companies euro 110 million for global price-fixing cartel for lysine. Lysine is the most important amino acid used in animal foodstuffs for nutritional purposes.

Concrete

Cement industry to gain from new infrastructure spending

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

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Concrete

AI boom drives demand, says ACA

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The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

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Concrete

GoldCrest Cement to build plant in India

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GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.

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