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Cement prices may come down

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Analysts say that there is an apprehension of price cuts and expected discounts from cement majors to push their sales as rains and poor sales in August have taken a toll on the cement counters.All-India average cement prices, which hit an all-time-high in mid-July at Rs 314 for a 50-kg bag, have declined over five per cent since then. The current retail price stands at Rs 295 a bag. Experts say in September there could be a further fall in the range of Rs 5-10 per bag.Cement dealers say that the sales in late August was hit by an expected fall in prices as rains intensified. Normally, during the monsoon, cement stocks tend to trade weak as companies lose their pricing power amid demand slowdown. This year too, cement shares moved northwards as long as there was deficient rainfall.Further, both the companies of Swiss major Holcim – ACC and Ambuja – did poorly in terms of sales in August. ACC reported a decline of 6.92 per cent in its dispatches at 1.75 million tonne (mt) against 1.88 mt in the previous year corresponding month.Ambuja, however, did comparatively better as its sales dipped 2.36 per cent to 1.45 mt, compared with 1.48 mt in the same month last year. Holcim controls a little less than one-fifth of India’s cement market.

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Concrete

thyssenkrupp Polysius, SaltX partner for electrified production

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thyssenkrupp Polysius and Swedish startup SaltX have signed a Letter of Intent (LOI) to co-develop the next generation of electrified production facilities, advancing industrial decarbonisation. Their collaboration will integrate SaltX’s patented Electric Arc Calciner (EAC) technology into thyssenkrupp Polysius’ green system solutions, enabling electric calcination, replacing fossil fuels with renewable energy, and capturing CO2 for emission-free production. Dr Luc Rudowski, Head of Innovation, thyssenkrupp Polysius, emphasised that this partnership expands their portfolio of sustainable solutions, particularly in cement, lime, and Direct-Air-Capture (DAC). Lina Jorheden, CEO, SaltX, highlighted the significant CO2 reduction potential, reinforcing their commitment to sustainable industrial processes.

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Concrete

Terra CO2 secures $82m to scale low-carbon cement technology

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Terra CO2, a US-based sustainable building materials company, has raised $82 million in Series B funding, co-led by Just Climate, Eagle Materials and GenZero, with continued support from Breakthrough Energy Ventures. The investment will accelerate the commercial deployment of Terra’s OPUS technology, enabling the construction of multiple production facilities across North America and Europe. With the cement industry responsible for 8 per cent of global CO2 emissions, Terra’s solution provides an immediate, scalable alternative using abundant raw materials that integrate seamlessly with existing infrastructure. The company has secured key partnerships, including a deal with Eagle Materials for multiple 240,000-tonne plants.

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Concrete

Titan Cement Group enters South Asia

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Titan Cement Group has expanded into the South Asian market through a joint venture with JAYCEE, an India-based producer of supplementary cementitious materials. Titan will hold a majority stake in the newly formed company, Atlas EcoSolutions, which will focus on sourcing, processing, marketing, and distributing SCMs globally. This initiative aims to support sustainable construction by promoting alternatives to clinker-based cement. Jean-Philippe Benard, Head of Supply Chain and Energy Development, emphasised that the venture aligns with Titan’s strategy to lead in low-carbon building materials while reinforcing its commitment to sustainability and innovation. The move strengthens Titan’s position in a high-growth market while ensuring long-term access to SCMs.

 

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