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Revolutionary Start-Up Takes On Carbon Emissions in Cement Industry
One of the main strategies employed by the start-up involves the adoption of carbon capture and utilization (CCU) technologies in cement plants.In a bold and ambitious move to tackle one of the world's most significant contributors to carbon emissions, a pioneering start-up has emerged with a mission to revolutionize the global cement industry.With the goal of eliminating carbon emissions entirely, this innovative venture aims to address the environmental impact associated with cement production and pave the way for a more sustainable future.Collaborations with prominent players in the cement and construction sectors have enabled the start-up to scale up its technology and bring its eco-friendly cement solutions to a broader market.Through rigorous testing and collaboration with industry partners, the start-up aims to bring these alternative cement materials to the market while maintaining high-quality standards and performance.

🔗Construction World

🇮🇳 India · 🗓️ August 09, 2023 · Building Material

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AM/NS India aims 40 mt capacity by 2035
The company's current capacity of 9 million tonne would expand to 40 million tonne by 2035.The company aims to achieve a manufacturing capacity of 40 million tonne by 2035.Presently, the company is producing close to 8 million tonne per annum at the Hazira plant, and this will be increased to 15 million tonne and then 22 million tonne.When asked about the company's plans for acquisitions, Oommen referred to the list of previous acquisitions that began with the acquisition of Essar Steel from the bankruptcy court in 2019.Dilip Oommen, Chief Executive Officer, ArcelorMittal Nippon Steel India (AM/NS India), stated that the demand for steel in India would increase due to the country's low per capita consumption and the government's focus on infrastructure development.

🔗Construction World

🇮🇳 India · 🗓️ August 09, 2023 · Building Material

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Ambuja Cements acquires majority in Sanghi
Adani was one of the frontrunners in the race to acquire Sanghi, which was valued at the same enterprise value.On the other hand, Sanghi Industries is a prominent cement manufacturer based in the state of Gujarat in western India.One of the sources mentioned that the deal was based on Sanghi's enterprise value of Rs 60 billion.Adani currently holds the position of India's second-largest cement producer, just behind UltraTech Cement.This acquisition is expected to strengthen the cement operations of billionaire Gautam Adani's firm.

🔗Construction World

🇮🇳 India · 🗓️ August 09, 2023 · Building Material

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Orient Cement Q1 FY24 net profit drops 1.02%
15 billion recorded in the same quarter of the previous year.41 million it had registered in the corresponding quarter of the previous fiscal year.03 million, which was lower than the Rs 370.01 per cent compared to the Rs 7.According to the company, its profit after tax for Q1 FY24 was Rs 370.

🔗Construction World

🇮🇳 India · 🗓️ August 09, 2023 · Building Material

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Revolutionary Start-Up Takes On Carbon Emissions in Cement Industry
One of the main strategies employed by the start-up involves the adoption of carbon capture and utilization (CCU) technologies in cement plants.In a bold and ambitious move to tackle one of the world's most significant contributors to carbon emissions, a pioneering start-up has emerged with a mission to revolutionize the global cement industry.With the goal of eliminating carbon emissions entirely, this innovative venture aims to address the environmental impact associated with cement production and pave the way for a more sustainable future.Collaborations with prominent players in the cement and construction sectors have enabled the start-up to scale up its technology and bring its eco-friendly cement solutions to a broader market.Through rigorous testing and collaboration with industry partners, the start-up aims to bring these alternative cement materials to the market while maintaining high-quality standards and performance.

🔗Construction World

🇮🇳 India · 🗓️ August 09, 2023 · Building Material

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