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CEMENT Update
Madras Cements to cross 1 crore tonne mark by 2009
Madras Cements Ltd is set to cross the crore mark with regard
to annual cement manufacturing capacity by end-2009. It will
be operationalising addition capacity of 4 million tonne per
year to supplement the current capacity of 6 mta. The company
is also doubling its wind power generation capacity to 120
MW, which would lead to significant savings in energy costs.
Buoyancy in demand for cement coupled with a tight rein on
costs has enabled the company to post a year-on-year net profit
growth of almost 300 per cent in 2006-07. Another factor that
contributed to the splendid performance was the achievement
of 95 per cent capacity utilisation to produce 56.7 mt during
2006-07, against 79 per cent in the previous year.
Contact: Madras Cements Ltd. Tel: 044-2847 8666/ 2847 8656.
Fax: 044-28478676.
Website: www.madrascements.com
Shree Cement wins Golden Peacock Award
Shree Cement Ltd, an ISO 14001 company has reasons to be proud.
It has bagged the Golden Peacock Environ-ment Management Award
for the second successive year. The award is in recognition
of healthy environment practices adopted by a company to maintain
ecological balance and sustainable growth and is given by
the World Environment Foundation. The company is targeting
a capacity of 20 million tonne per annum by 2012.
Contact: Shree Cement Ltd.
Tel: 033-2220 9601-04. Fax: 033-2243 4226.
E-mail: sclcal@shreecementltd.com
Website: www.shreecementltd.com
JK Cement moving ahead to become 15 mtpy player by 2012
JK Cement is converting its white cement plant into a grey
cement one by investing Rs 33 crore. The company acquired
the plant from IDBI for Rs 42 crore in January 2007. It finds
not much demand for white cement, of which it is the second
largest producer after the Aditya Birla Group. The plant can
be reverted back to white cement, should the need arise. On
the long-term front, the company has firmed up fresh investment
plans of Rs 2,500 crore to triple its overall capacity to
15 million tonne per annum by 2012. JK Cement currently has
a capacity of 4.4 million tonne. It has ongoing projects costing
Rs 1,100 crore, which will add 3.9 mtpa by March 2009.
Contact: JK Cement Ltd.
Tel: 0512-237 1478-81. Fax: 0512-239 9854.
E-mail: jkw_sales@jkcements.com
Website: www.jkcement.com
Jaiprakash-GMDC cement plant in Kutch banks on coastal business
through own jetty
The 2.4 million tonne per year cement factory being constructed
in Kutch by Gujarat Jaypee Cement & Infrastructure Ltd
is at the stage of clinching financial closure and will be
ready for commencing production in 2 years. JC&IL is a
74:26 JV between New Delhi-based Jaiprakash Industries and
Gujarat Mineral Development Corporation, a state-level PSU.
Coming up at a cost of Rs 850 crore, the cement plant will
build its own jetty so that it can sell cement overseas as
well as to coastal towns in India. The installed capacity
of all units of Jaiprakesh currently is 7 mtpa. A subsidiary
Gujarat Anjan Cement Ltd is separately building a cement plant
in Gujarat.
Contact: Jaypee Group. Tel: 011-2614 1540,
2614 7411. Fax: 011-2614 5389, 2614 3591.
E-mail: jil@jalindia.co.in Website: www.jilindia.com
H&R Johnson doubling number of facilities to meet 30%
CAGR target
The cement tiles manufacturing capacity of H&R Johnson
(India) is being doubled with the setting up of five units
in west, north and east India to supplement output from the
five existing units in the south. The five new units will
add a capacity of 3.25 million sq ft per year to the existing
capacity of a like volume. The company sold 3.44 million sq
ft cement tiles in 2006-07. The set up of 5 units will cost
Rs 40 crore. The company targets a turnover of Rs 1,200 crore
in 2007-08 and maintains a 30 per cent growth annually.
Contact: H&R Johnson.
Tel: 022-2654 7300/3064 7300. Fax: 022-3064 7400.
Website: www.hrjohnsonindia.com
Penna Cements to set up two mtpy greenfield plant
Penna Cements has announced plans to set up a greenfield cement
plant at Boyireddipalli in Anantapur district of Andhra Pradesh.
The company currently operates a 1.8 mtpa plant at Tadipatri
in the district and a 1.2 mtpa plant in Nalgonda. The new
plant will take up the capacity to five mtpa in India. Penna
has also set up a one mtpa plant in Ras Al Khaimah, UAE, as
a JV.
Contact: Penna Cement.
Tel: 040-3398 211/339 5924.
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