Cement Market Sales Recovery

North India Cement Sales Recovery

According to Cement Industry insiders and cement industry experts, cement sales in North India is likely to recover only during FY18.

North India cement markets are dream markets for most cement companies who have a cement marketing presence there, as it is one which has a high capacity utilization, low market fragmentation and little or no threat from outside players.

The drawback however, is that it is a cement market which is heavily dependant on rural cement sales and retail cement sales. Given that rural purchasing power is under pressure due to unseasonal rains, crop damages etc., all hopes are now on a revival of infrastructure projects.

North India enjoys a lion's share of major infrastructure projects which will be seen only in the FY18 to make a meaning difference to cement sales there.

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Cement Business Plan

Future Cement Projects

In order to facilitate the implementation of its cement business plan and / or to facilitate the implementation of future cement projects, J.K.Cement Limited has decided to make Jaykaycem (Central) Limited its wholly owned subsidiary by acquiring 100% paid up equity capital.

Cement Business Plan

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Ujjwal Batra Named Lafarge India CEO

Ujjwal Batra Named Lafarge India CEO

Lafarge India, has named Ujjwal Batria as chief executive officer (CEO) of the company with effect from June 22, 2015. Mr Ujjwal Batra takes over this position from outgoing Martin Kriegner, who has been designated as Area Manager for Central Europe of LafargeHolcim.

Lafarge, one of the world’s largest cement manufacturers, has been off-loading its non-core assets to bring the focus on its key cement and concrete business. Lafarge India has six cement units scattered across India. Its cement plants are located in Chhattisgarh, Jharkhand, Rajasthan, Haryana and West Bengal. The total cement production capacity is around 11 MT.

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JP Cement Clarifies Position

Cement Grinding Unit Sale

Jaiprakash Associates Ltd

 JP Cements' Jaiprakash Associates Limited, has clarified the company's stand on various reports from the cement industry as well as newspapers on the sale of their Sikandrabad cement grinding unit to Heidelberg.

It goes on to say that it is all market speculation and the company does not wish to comment on market speculation.

It further states that the cement company is firm in its resolve to reduce its overall debt by disposing some of its assets and investments.

Cement Grinding Unit Sale

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1 Million Tonne Cement Unit

1 Million Tonne Cement Unit

According to cement industry sources and news reports, JP Cement are in advanced stages of negotiation with Heidelberg Cement for the sale of JP Cement's Sikandarabad cement grinding unit for a value of Rs.500 crores.

JP Cement's Sikandarabad cement grinding unit can be an advantage for cement companies looking at the rich Delhi cement markets / Western cement markets as it is strategically located in a limestone rich area.

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Cement Marketing in FY16

Cement Marketing in FY16

India is the second largest cement manufacturer in the world after China with an installed capacity of 390 Million Tonnes. Indian cement marketing is under the grip of a huge gap between demand and supply and could register single digit growth figures for now 5 years in a row. This year's scenario as projected by experts is to the range of 1% to 3 %.


Read more projections for FY16 from experts here...Cement Marketing in FY16

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European Cement Association

European Cement Association

Daniel Gauthier, CEO Western Europe-Africa of HeidelbergCement, was elected President of CEMBUREAU, The European Cement Association at the Association's General Assembly in Oslo for a two-year period.

Goncalo Salazar Leite was elected Vice-President at the same meeting for the same term.

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Cement Production to Double

Cement Production

Wonder Cement is all set to double its productin capacity from the existing 3.25 MT to 7 MT by the year end. This is to be achieved by adding a second line to the existing one based in Bhatkotri, Rajasthan. The investment layout to achieve this will be to the tune of Rs.1600 crores.

The long-term cement production plan is 10 MT from 7 MT within a time frame of 5 years and a further investment layout of Rs.1600 crores. This is planned to be completed by adding a third production line in the same Bhatkotri cement unit based in Rajasthan.

You can read more here on Cement Production