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Concrete is a fundamental building material that will remain in high demand for the foreseeable future. It’s difficult to envision a world without concrete and its dominating forerunner, Ordinary Portland Cement (OPC).
Although many forms of concrete have been produced for use in various purposes, they all have the following characteristics: familiarity, adaptability, strength, durability, broad availability, fire resistance, resistance to the weather, and comparably low cost.
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It is a global product produced in thousands of factories throughout the world. Globally, the business is consolidating, yet huge international corporations account for just 30% of the global market.
Cement accounts for 83 percent of total energy usage in nonmetallic resource production and 94 percent of CO2 emissions. Energy accounts for 20% to 40% of the entire cost of cement manufacture.
Following the pandemic-induced lockdown (June 2020 onwards), the cement industry experienced a boom as a result of the overall growth of the Indian economy, owing primarily to increased industrial activity, thriving real estate business, growing construction activity, and expanding infrastructure investment.
Historically, cement has been a severely taxed industry, with both the federal and state governments levying taxes that equal to around 30% of the selling price of cement or over 70% of the ex-factory price.
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OPC is a critical building material as well as a strategic commodity. Because of our reliance on OPC, the globe today generates about 3.6 billion.
Although estimates vary by nation, over half of the world’s OPC is used to produce around 11 billion metric tonnes of concrete each year; the remainder is used in mortars, screeds, stucco, coatings, soil stabilisation, and other uses.
Dalmia Cement (Bharat) Ltd, a subsidiary of Dalmia Bharat Ltd, has laid out a four-year investment plan to expand its present facilities and establish new manufacturing operations in Tamil Nadu.
The company plans to build two greenfield grinding machines, each with a capacity of two million tonnes per year. With the opening of the new unit, the company plans to create new employment in Virudhunagar, in addition to expanding current facilities.
UltraTech Cement, the flagship company of the Aditya Birla Group, has announced a capital of Rs. 12,886 crores to increase capacity by 22.6 mtpa through a mix of brownfield and greenfield expansion. Integrated and grinding equipment, as well as bulk terminals, would be set up to do this.
The extra capacity will be built all around the country. This investment is based on a strong belief in India’s growth potential as well as a thorough understanding of the cement industry’s market dynamics.
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