Concrete

GST is a major initiative everybody is looking for

Published

10 years ago

December 31, 2014

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– Ravi Lunawat, Partner, Lunawat Agency
Since 1972, we have been a dealer in cement business. Initially we used to cater to the markets of Raigad and Pune districts, but now we are focusing on Pune market only. We deal with ACC, Vasavadatta, Birla Super, Zuari, Orient, etc. OPC 43 has more demand currently, through cost-wise PPC is good. Individual retail customers normally go for OPC, while bulk customers like builders, contractors, engineers, etc, go for PPC. Our sales is mostly in bulk category with 75 per cent while the remaining are retail customers. We sell 2,500 tonne per month on an average. We have a direct supply arrangement with the cement companies for our requirements. Payment recovery from the customers is a major issue we are facing. We also face problems in delivery due to lack of availability of proper transport system. Owning a vehicle for transportation is very difficult as maintenance is a major cost for us and the transport charges what cement companies pay is very less.

GST is a major initiative everybody is waiting for. Last year when LBT started, it reduced the business of dealers in cities because that time the market was closed for almost two months and the builders bought cement from other markets. Once the GST starts, the price will be uniform everywhere, which will be good for us.

Concrete

Star Cement launches ‘Star Smart Building Solutions’

Published

6 days ago

June 17, 2025

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Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

Concrete

Nuvoco Vistas reports record quarterly EBITDA

Published

6 days ago

June 17, 2025

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Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

Concrete

UltraTech Cement increases capacity by 1.4Mt/yr

Published

6 days ago

June 17, 2025

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UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.