Cement News tagged under: JSW Group

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JSW Cement to construct 1Mta facility in UAE

20 July 2018, Published under Cement News

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 in...

Groundbreaking ceremony for JSW West Bengal plant

06 January 2016, Published under Cement News

The JSW Group is set to start construction of a 2.4Mta cement plant in West Bengal, India, with a groundbreaking ceremony to be hosted today. The event will be presided over by Mamata Banerjee, chief minister of West Bengal. It will also be attended by Sajjan Jindal, chairman and MD of JSW Steel. The function is being held in the run-up to Bengal's 'Global Business Summit' on 8-9 January 2016, which is likely to be keenly watched by potential investors. The cement plant is expected to b...

JSW Group to invest in port capabilities and cement capacity

10 November 2015, Published under Cement News

JSW Group plans to invest INR40bn (US$610m) to boost its port and cement capacity in the next two years. JSW Infrastructure Ltd, plans to almost double its ability to handle cargo at its ports to 62Mt, with a target to further increase it to 200Mt by 2025, Seshagiri Rao, group chief financial officer, said in an interview. Cement capacity is estimated to increase to 17Mt in the next 24 months from 6Mt, he said. “Ports appear to be a very, very attractive investment as ports and inland wate...

JSW Group plans Salboni plant, India

29 September 2015, Published under Cement News

JSW Group announced that it will be setting up a 2.4Mta grinding plant at Salboni in West Midnapore district, West Bengal, India. A 10Mt steel plant was originally planned for the site, but the company has not proceeded with the project thus far due to coal and iron linkages and problems with the land lease. However, chairman Sajjan Jindal explained to local press that JSW wants to have some activity at Salboni while the steel project is delayed. The foundation stone ceremony is being p...

JSW Group resumes plans for Bengal plant, India

21 August 2015, Published under Cement News

The JSW Group has proposed to build a 2.5Mta slag-based cement plant in Salboni, Bengal. Should everything proceed as planned, the Mumbai-based conglomerate may start the project next year. The company had originally signed an agreement with the Buddhadeb Bhattacharjee-government to invest in a 10Mt steel and 1680MW power plant, which had included a cement unit to utilise the slag generated from the blast furnace plant. However, the project was put on hold in December 2014. But now the pl...

India: JSW Group eyes capacity expansion

19 January 2015, Published under Cement News

The JSW Group plans to expand its cement production capacity to 30Mta over the next decade from the current 5Mta as it seeks to become a bigger player on the Indian cement market scene. Speaking to BusinessLine reporters, Seshagiri Rao, Joint Managing Director of JSW Steel said the group plan is to become a significant player in the sector with 30Mta capacity by 2025. The company, one of India's largest business conglomerates, is looking to setting up grinding units closer to its steel pl...