Cement News tagged under: JSW Group

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JSW Concrete is established in Mumbai with its first unit

22 June 2021, Published under Cement News

JSW Cement, a part of US$12bnn JSW Group, has announced its entry into ready-mix concrete   business under the brand name 'JSW Concrete'. It has set up its first production unit in Chembur, Mumbai, and has plans to expand the business to other locations.   "The RMC business foray follows the green products ethos of JSW Cement and will launch unique eco-friendly concrete for use in various commercial construction projects," the company statement said. JSW Cement is now aiming to o...

JSW Group links steel and cement for large project businesses

08 June 2021, Published under Cement News

Following the successful integration of its retail trade across steel and cement into JSW One in the east, the US$12bn JSW Group and India's largest steel producer will now have a single group interface for all its large project divisions in the steel and cement businesses.  The Indian conglomerate has created Aikyam, a technology platform where details can be accessed by the managers of large project divisions from both these businesses to capitalise on the potential opportunities. Aikya...

JSW Group to merge its distribution and supply chain segments

26 August 2020, Published under Cement News

India’s JSW Group has announced plans to merge the distribution and supply chain operations of its steel, cement and paint businesses in India for better synergies and to save costs, according to the Times of India. The group has already combined the distribution operations of the three segments in east India and will roll out the initiative across the rest of the country in the coming months. As a result of the COVID-19 pandemic, JSW Group has already been reducing costs by cutting ca...

JSW Group reportedly set to reduce imports from China

02 July 2020, Published under Cement News

Parth Jindal, managing director of JSW Cement, has announced on social media that JSW Group plans to reduce its net imports from China. "The JSW Group have a net import of US$400m from China annually and we pledge to bring this down to zero in the next 24 months," said Mr Jindal. In the comment, Mr Jindal referred to the clash on the border of both countries, which took place earlier in June. JSW Cement currently imports clinker from China to supply its grinding operations. 

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...