Cement News tagged under: JSW Cement
JSW Cement turns water provider10 January 2019, Published under Cement NewsJSW Cement will provide piped and solar-powered water to 11 villages near to its planned grinding plant in Jajpur district, India. As part of the company's US$13bn 'Enterprise and Social Commitment' programme the villages will be provided with water through a 7500m pipeline later this year. JSW Cement is currently building a 1.2Mta grinding plant in Jajpur district and plans to raise it to 2.4Mta in the future. |
JSW Cement to look at inorganic growth11 December 2018, Published under Cement NewsIndia's JSW Cement has announced that it will be looking at inorganic expansion to reach its target of increasing capacity to 20Mta by 2020. The ongoing bad-loan resolution process has opened up opportunities to acquire cement assets in India. The company views the assets of debt-laden companies to have a strong potential to grow, while enabling swift scaling and optimisation of these capacities, according to a statement. "The company views the improving economic growth scenario, continu... |
JSW Cement's growth plans03 October 2018, Published under Cement NewsThis week ICR reported on JSW Cement's project to construct a new 1.2Mta grinding plant in Kalinganagar Industrial Complex in Jajpur, Odisha, India. The Indian cement company has been expanding rapidly in recent years from its start-up in 2009 and this summer it also announced that it will be setting up its first overseas grinding unit in Fujairah, UAE . Both these projects are scheduled to be completed by the end of 2019, by which time the Portland slag cement producer aims to have a ... |
JSW Cement's growth plans28 September 2018, Published under Cement NewsThis week ICR reported on JSW Cement's project to construct a new 1.2Mta grinding plant in Kalinganagar Industrial Complex in Jajpur, Odisha, India. The Indian cement company has been expanding rapidly in recent years from its start-up in 2009 and this summer it also announced that it will be setting up its first overseas grinding unit in Fujairah, UAE . Both these projects are scheduled to be completed by the end of 2019, by which time the Portland slag cement producer aims to have a ... |
JSW Cement begins work on 1.2Mta grinding unit25 September 2018, Published under Cement NewsIndia’s JSW Cement has begun construction of a 1.2Mta grinding unit at the Kalinganagar Industrial Complex in Jajpur, Odisha, which will be used for the production of Portland slag cement and GGBS. Petron Engineering Construction won the INR600m (US$8.2m) contract for civil and structural work, while the State Environment Impact Assessment has provided clearance for the project. The unit is expected to be operational in September 2020. |
JSW Cement to construct 1Mta facility in UAE20 July 2018, Published under Cement NewsIndia’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 in... |
JSW Cement inaugurates railway siding for Salboni plant13 June 2018, Published under Cement NewsJSW Cement has inaugurated a 6.5km railway siding to transport inbound and outbound cargo for its 2.4Mta facility in Salboni, West Bengal. "In cement business, logistics accounts for 30-35 per cent of the cement cost and to be cost effective we are continuously working on various levers to reduce this cost. This railway siding is a step in this direction," said Parth Jindal, managing director, JSW Cement. The railway siding will improve the availability of raw material at the plant and wi... |
JSW Cement to bid on Binani Cement15 January 2018, Published under Cement NewsJSW Cement Ltd will partner with a global equity firm to bid for Binani Cement, according to The Hindu BusinessLine. It is expected that as many as 11 industry players, including Ultratech and Dalmia, will submit a bid for the company which is currently undergoing the bankruptcy process. "There are a lot of bidders and this is going to get aggressive because nobody wants to leave these assets; we would not want to leave these assets," said Sajjan Jindal, managing director, JSW Group. ... |
JSW Cement Ltd plots 20Mta capacity by 2019 with IPO17 October 2017, Published under Cement NewsJSW Cement Ltd signalled its intention to expand capacity to 20Mta from its current 12.5Mta and launch an initial public offering (IPO) sometime after the 2019 general election, the company's Managing Director, Parth Jindal, said on Monday. Mr Jindal said that the capital raised through the IPO will be used to further expand capacity as the company aims to be one of the top three cement manufacturers in the country. The capacity expansion will be implemented by setting up a new 1.2Mta ... |
New Salboni cement plant launched by JSW Cement21 July 2017, Published under Cement NewsJSW Cement, part of the JSW Group, has launched its state-of-the-art Salboni cement plant in Bengal. The largest cement plant of its kind in the state, the facility has a cement capacity of 2.4Mta and will produce premium Portland Slag Cement (PSC) grade cement. JSW Cement has targeted the eastern markets gain market share. JSW Cement will market its brand through a TVC campaign. This will be the largest ad spend by any cement brand in the eastern part of India, claims Millenium Port... |