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Events (August 2016)

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21-23 September 2016
Bangkok, Thailand
Concrete Asia 2016
The international exhibition & conference for the concrete and building construction industry.
Event details: Concrete Asia 2016 is the key industry international exhibition and conference targeting the concrete construction and masonry industry. It will be presenting the latest in commercial concrete, concrete surfaces, decorative concrete, material handling, concrete production, cement building materials, equipment & machinery with the latest technologies and techniques to sustain and grow. Contact: Tel:+65 6702 3005, Website: www.concrete-asia.com, Email: Theresa.gan@giec.biz

26 – 27 September 2016
Hamburg, Germany
11th Global Insulation Conference, Exhibition and Awards 2016
The event will focus on manufacturing advances, insulation applications and additive technologies, as well as on the future of insulation. The 11th Global Insulation Conference is expected to attract around 200 delegates from more than 40 countries as well as over 25 exhibitors and is expected to be the largest ever.
Hotel Atlantic Kempinski, Hamburg Contact: Programme enquiries: Dr Robert McCaffrey, rob@propubs.com Tel: +44 1372 840951

30th September 2016
Haryana India
Symposium on Composite Cement
National Council for Cement and Building Materials (NCB) is organizing one day Symposium on "Composite Cement for Resources Conservation, Environmental Protection & Enhanced Sustainability", Venue: NCB (NH-2), Ballabgarh-121004, Haryana, India. Contact: Convener, Symposium on Composite Cement; National Council for Cement and Building Materials (NCB),Ph: 0129-4192339/ 4192247/ 2242051/ 4192222 ; Mobile: +91-9868795977 Email: ncbcisimg@gmail.com; nccbm@ncbindia.com , Web: www.ncbindia.com

4th – 5th October, 2016
Bangkok, Thailand
"Identify New Opportunities & Sustain Market Share in Slow Economy"
Date: 04/10/2016 – 05/10/2016
CMT?s Middle East CemenTrade will be the platform for industry analysts and players to network and review pressing issues in a complex market.
Key Highlights include: Market outlook at UAE, Saudi Arabia, Egypt, Turkey, Iran, Pakistan, India Export and trade opportunities in the region and global analysis Sustainable cement, cementitious products and green concrete Freight market outlook, logistics and supply chain challenges And more Contact details: Website: www.cmtevents.com, Email: grace@cmtsp.com.sg

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Economy & Market

Hindalco Buys US Speciality Alumina Firm for $125 Million

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This strategic acquisition marks a significant investment in speciality alumina, a key step by Aditya Birla Group’s metals flagship towards becoming future-ready by scaling its high-value, technology-led materials portfolio.

Hindalco Industries, the world’s largest aluminium company by revenue and the metals flagship of the $28 billion Aditya Birla Group, has announced the acquisition of a 100 per cent equity stake in US-based AluChem Companies—a prominent manufacturer of speciality alumina—for an enterprise value of $125 million. The transaction will be executed through Aditya Holdings, a wholly owned subsidiary.

This acquisition represents a pivotal investment in speciality alumina and advances Hindalco’s strategy to expand its high-value, technology-led materials portfolio.

Hindalco’s speciality alumina business, a key pillar of its value-added strategy, has delivered consistent double-digit growth in recent years. It has emerged as a high-growth, high-margin vertical within the company’s portfolio. As speciality alumina finds expanding applications across electric mobility, semiconductors, and precision ceramics, the deal positions Hindalco further up the innovation curve, enabling next-generation alumina solutions and value-accretive growth.

Kumar Mangalam Birla, Chairman of Aditya Birla Group, called the acquisition an important step in their global strategy to build a leadership position in value-added, high-tech materials.

“Our strategic foray into the speciality alumina space will not only accelerate the development of future-ready, sustainable solutions but also open new pathways to pursue high-impact growth opportunities. By integrating advanced technologies into our value chain, we are reinforcing our commitment to self-reliance, import substitution, and building scale in innovation-led businesses.”

Ronald P Zapletal, Founder, AluChem Companies, said the partnership with Hindalco would provide AluChem the ability and capital to scale up faster and build scale in North America.

“AluChem will benefit from their world-class sustainability and safety standards and practices, access to integrated operations and a consistent, reliable raw material supply chain. Their ability to leverage R&D capabilities and a talented workforce adds tremendous value to our innovation pipeline, helping drive market expansion beyond North America.”

An Eye on the Future

The global speciality alumina market is projected to grow significantly, with rising demand for tailored solutions in sectors such as ceramics, electronics, aerospace, and medical applications. Hindalco currently operates 500,000 tonnes of speciality alumina capacity and aims to scale this up to 1 million tonnes by FY2030.

Commenting on the development, Satish Pai, Managing Director, Hindalco Industries, said the deal reinforced their commitment to innovation and global expansion.

“As alumina gains increasing relevance in critical and clean-tech sectors, AluChem’s advanced chemistry capabilities will significantly enhance our ability to serve these fast-evolving markets. Importantly, it deepens our high-value-added portfolio with differentiated products that drive profitability and strengthen our global competitiveness.”

AluChem adds a strong North American presence to Hindalco’s portfolio, with an annual capacity of 60,000 tonnes across three advanced manufacturing facilities in Ohio and Arkansas. The company is a long-standing supplier of ultra-low soda calcined and tabular alumina, materials prized for their thermal and mechanical stability and widely used in precision engineering and high-performance refractories.

Saurabh Khedekar, CEO of the Alumina Business at Hindalco Industries, said the acquisition unlocked immediate synergies, including market access and portfolio diversification.

“Hindalco plans to work with AluChem’s high performance technology solutions and scale up production of ultra-low soda alumina products to drive a larger global market share.”

The transaction is expected to close in the upcoming quarter, subject to customary closing conditions and regulatory approvals.

 

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Concrete

Shree Cement reports 2025 financial year results

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Shree Cement posted revenue of US$2.38 billion for FY2025, marking a 5.5 per cent decline year-on-year. Operating costs rose 2.9 per cent to US$2.17 billion, resulting in an EBITDA of US$528 million—down 12 per cent from the previous year. Net profit fell 50 per cent to US$141 million. The company reported cement sales of 9.84Mt in Q4 FY2025, a 3.3 per cent increase from 9.53Mt in Q4 FY2024, with premium products making up 16 per cent of total sales.

Image source:https://newsmantra.in/

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Concrete

Rekha Onteddu to become director at Sagar Cements

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Sagar Cements has announced the appointment of Rekha Onteddu as a non-executive independent director, effective 30 June 2025. According to People in Business News, Rekha Onteddu is currently serving in a similar capacity at Andhra Cements, the parent company of Sagar Cements.

Image source:https://sagarcements.in/

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