Cement News tagged under: Prism Johnson

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Prism Johnson commissions further WHR and solar capacity

31 March 2021, Published under Cement News

India’s Prism Johnson has commissioned a 12.4MW waste heat recovery (WHR) unit and 10MW of solar power at its cement plant in Satna, Madya Pradesh. This is in addition to the 12.5MW of solar power capacity that was put into operation in the FY19-20 and the 10MW WHR facility that was installed in November 2020 at the same plant. The installations are expected to help the company reduce its dependence on non-renewable sources of energy and are part of its sustainability initiatives.

Prism Johnson to raise cement capacity

29 January 2021, Published under Cement News

Prism Johnson Ltd has approved of a 0.9Mta cement capcity expansion at Prism Cement's Satna cement plant, Madhya Pradesh, India. The new capacity will take the plants total cement capcity up to 5.4Mta. The investment is estimated to cost INR1390m (US$19.02m).

Prism Johnson sees 61% fall in net profit

29 May 2020, Published under Cement News

India’s Prism Johnson Ltd, formerly known as Prism Cement, has reported a 61 per cent fall in standalone net profit to INR564.5m (US$7.47m) in the FY19-20, compared with INR1.46bn in the previous fiscal year. EBITDA was also down six per cent YoY to INR5.22bn from INR5.55bn. Cement volumes contracted by three per cent during the FY19-20, due to the country entering lockdown in March. Otherwise, cement volumes were expected to increase since they were up a modest one per cent YoY for the fi...

Prism Cement changes name to Prism Johnson

23 April 2018, Published under Cement News

India’s Prism Cement Ltd has changed its name to Prism Johnson Ltd, effective from 18 April 2018. ''To dispel the perception that Prism Cement Limited […] is only a cement company, the name of the company has been changed to Prism Johnson. Prism Johnson is one of India's leading integrated building materials company and the new name reflects the product range and magnitude of operations of the company,'' said Vijay Aggarwal, managing director of the company.