| CEMENT Update
SAIL to set up cement plant
Steel Authority of India, in a joint venture with Jayprakash
Associates, will set up a two mn tonne capacity cement manufacturing
plant in Bhilai. SAIL will hold 74 per cent in the plant,
to be built with an estimated investment of Rs 600 crore,
while Jayprakash Associates will hold the remaining 26 per
cent. The plant will use slag generated at the blast furnace
in Bhilai Steel Plant and idle assets of Satna limestone mines
and will be built in 37 months.
Contact: Steel Authority of India
Tel: 011-2436 7481-86. Fax: 011-2436 7015.
E-mail: sailco@vsnl.com
Website: www.sail.co.in
Anil Ambani to set up cement unit in Madhya Pradesh
The Reliance Anil Dhirubhai Ambani Group is setting up a 20
mn tonne cement unit in Madhya Pradesh on 1,306 acre allotted
by the state government in Satna. The fly ash for the unit
will be generated by the company’s proposed thermal
plant.
Contact: Reliance Anil Dhirubhai Ambani Group
E-mail: contact@relianceada.com
Website: www.relianceadagroup.com
UltraTech cement to open 200 building solutions stores
UltraTech Cement Ltd will open 200 building solutions retail
stores across India before the end of 2008. They will offer
free consultancy services on legal opinion, obtaining plan
approvals, clues from vaastu shastra, etc and recommend outlets
offering construction products. This unique concept will advocate
a ‘plan, build and support’ philosophy, thus seeking
an enhanced shopping experience for consumers.
Contact: UltraTech Cement Ltd.
Tel: 022-6691 7800. Fax: 022-6692 8109.
E-mail: sharesutcl@adityabirla.com
Website: www.ultratechcement.com
Ambuja Cements plans Rs 3,500 crore capacity expansion
Ambuja Cements is embarking on a seven mn tonne expansion
drive, with an investment of Rs 3,500 crore, over a period
of two years. The company is expanding its capacity in the
Rauri and Bhatapara plants by setting up new lines of 7,000
tonne per day clinker production in each. It also plans to
set up a 33 MW captive power generation plant
in Bhatapara and grow its topline by 50 per cent once the
expanded capacity runs full steam. The expansion will take
the total production of the company to 25 mn tonne.
Contact: Ambuja Cements Ltd.
Tel: 022-6659 7300. Fax: 022-2284 6270.
Website: www.gujaratambuja.com
ACC Cement to build new clinker line
ACC Cement will establish a new clinker line of capacity 7,000
tpd along with a 25 MW captive power plant at Chanda in Maharashtra.
The company will invest Rs 1,450 crore in the project, that
will be completed in 2010.
Contact: ACC Cement
Tel: 022-6665 4321.
Website: www.acclimited.com
Lafarge to double production capacity
Lafarge has announced a project to double the production capacity
of its Sonadih plant in Raipur by three mn tonne. The project
to be developed in two phases will be executed over a period
of five years. Phase I of the project, to be completed within
two years, with an investment of around Rs 812 crore, will
involve construction of a second production line at Sonadih
plant and a million tonne grinding station in West Bengal,
while Phase II comprises addition of two mn tonne of additional
grinding capacity to serve the main Eastern markets.
Contact: Lafarge.
Website: www.lafarge.com
Cement industry to raise capacity by 118 mn tonne
The cement industry is planning to increase its capacity from
180 mn tonne to 298 mn tonne by 2012. The industry department
is coordinating with the respective state governments to remove
the bottlenecks, especially with regard to environmental clearances,
mining leases and infrastructure development.
MHIL to expand capacity
Hyderabad-based My Home Indust-ries Ltd (MHIL) has formed
a joint venture with the Dublin-based CRH Group to expand
its capacity by three metric tonne through Greenfield projects
in Guntur district. It will also look at new acquisitions.
The expansion will require an investment of Rs 1, 500 crore,
which will be raised through internal accruals and debt. The
two companies will hold equal stakes in the JV.
Contact: My Home Industries Ltd.
Tel: 040-2240 8032. Fax: 040-2340 1271.
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