India: Lanco Industries to set up mini cement plant

India: Lanco Industries to set up mini cement plant
Published: 16 November 2012

Tagged Under: India Lanco Industries 

Lanco Industries Ltd's borad of directors have approved a project to erect a 300,000tpa mini cement plant with a rotary kiln at an estimated cost of US$22.7m (INR125Crore) in place of existing vertical shaft kiln. The decision was made at a company meeting held on 10 November 2012.

The Lanco Industries Ltd stock was trading at INR27.25, up by INR0.70 or 2.64%.