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Shiva Cement to complete Rs 2.7 bn expansion plan in 2015

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By the first half 2015, Shiva Cement expects to complete its capacity expansion plan at its existing facility in Rourkela, Odisha.

The company secured all approvals for the proposed Rs 270 crore expansion plan, which aims to raise its production capacity to 1 million tonne a year (mn tpa) from the current 0.132 mn tpa capacity. In the second phase, the company plans to increase the capacity further to 2 mn tpa.

The company has already tied up a term loan with a consortium of banks while the promoters invested Rs 30 crore. The company would sell all its output through ACC, which holds 12.65 per cent stake in Shiva Cement.

Meanwhile, the company expects a revival in cement demand by the second half of this fiscal.

RP Gupta, Chairman and Managing Director of the firm opined that people postpone their plans for building new homes, but they do not drop it completely. A downturn in demand is always followed by a sharp revival, he said.

Owing to the high lending rates, the real estate sector, which accounts for about 55-60 per cent of total cement demand, is in bad shape. The deployment of funds by banks to the real estate sector has also dropped.

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Concrete

WCA Welcomes SiloConnect as associate corporate member

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The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

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Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

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TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

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Concrete

Cortec® Corporation applauded for its strong safety performance

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Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.

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