JSW Cement to construct 1Mta facility in UAE

JSW Cement to construct 1Mta facility in UAE
20 July 2018

India’s JSW Cement has announced plans to invest US$150m to construct a 1Mta clinker unit and captive power plant in Fujairah, UAE. The project is part of the company’s target to reach a capacity of 20Mta by 2020 and will be conducted through its wholly-owned subsidiary, JSW Cement FZE.

"Our plans to establish this clinker unit reaffirms JSW Group’s commitment to stay invested in Fujairah. JSW Group has long-standing business relationships in UAE and specifically in Fujairah through our infrastructure business. Through this investment we hope to contribute to the economic development of Fujairah and create direct and indirect job opportunities," said Parth Jindal, managing director, JSW Cement.

The facility will create 400-500 jobs and is expected to be commissioned by December 2019.

Published under Cement News