Cement News tagged under: Sanghi Industries
Sanghi exits corporate debt restructuring04 April 2016, Published under Cement NewsIndia's Sanghi Industries announced it had exited from the corporate debt restructuring (CDR) mechanism and repaid its INR2.56bn debt as well as raised funding via non-convertible debentures of INR2.56bn as additional capex. The company said it plans to raise its capacity to 4Mta in time. The expansion plans require INR11bn in financing and at present Sanghi is considering several options to raise funds, according to company director, Bina Engineer. He expects financing to be completed in ... |
Sanghi Industries to inaugurate new mill, India03 July 2015, Published under Cement NewsSanghi Industries has installed a new 1.2Mta grinding mill at its plant located in Sanghipuram, Kutch district, taking total capacity to 4.1Mta. The company now proposes to commence work on a 15MW Waste Heat Recovery (WHR) system at the main part of the plant. Chief Minister of Gujarat, Anandiben Patel, will inaugurate the grinding facility and lay the foundation stone for the WHR plant at a ceremony on 10 July 2015. |
Kenya: Pokot's power plant plans18 February 2015, Published under Cement NewsPokot Cement plans to construct a power plant to supply its upcoming cement works in Kenya as well as the national grid. Of the 64MW capacity, 50MW will be sold to the national grid, according to a report by 'The Star' (Kenya). "The power generated will enable us to operate effectively and minimise our costs of operations apart from supplying more electricity to the national power grid," Rajesh Rawal, chief executive of plant owner Cemtech told the daily. Cemtech, a subsidiary of India-... |
Pokot factory nearing construction phase, Kenya07 August 2014, Published under Cement NewsConstruction is expected to start on the Pokot Cement Factory as the establishment of preliminary facilities gets underway. Governor of West Pokot, Simon Kachapin, said that the Indian investors behind the factory have been allowed to start setting up associated facilities such as housing for the workers who will construct the plant. The new 1.2Mta plant is being established by Cemtech Ltd, a subsidiary of the Sanghi Group of India. As part of the project, the group will also set up a 6... |
IBAU HAMBURG delivers road-mobile ship unloader to Sanghi Industries, India12 September 2012, Published under Cement NewsIBAU HAMBURG has recently delivered a road-mobile ship unloader, ordered by Sanghi Industries Ltd. for their Mumbai Cement Terminal. The road-mobile ship unloaders for mini bulk tankers are usually mounted on trailers (for road transport) as the ship unloader has to serve several terminals or because it is not possible to have stationary units in the harbour. Road-mobile, trailer-mounted ship unloaders have a self-supporting structure, are weighing approximately 30t and do have a high degr... |