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The Rajasthan-based cement producer is being sold following bankruptcy proceedings, according to the Daily News & Analysis newspaper. The family-owned company with cement plants in Indian, China and the UAE has attracted a high level of interest from both international and local cement companies.
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JK Cement's Mangrol expansion project was commissioned in October 2014 and is producing at full capacity JK Cement, headquartered in Kanpur, Uttar Pradesh, India, operates four grey cement plants in India, three of which are in the northern state of Rajasthan …
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Rajasthan - Cement industry news from Global Cement India: LafargeHolcim plans to spend US$214m towards building a new cement plant in the state of Rajasthan. The 3.1Mt/yr plant will be operated by its local subsidiary, Ambuja Cement, and it will target …
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Top 10 Cement companies in Rajasthan 2018 Rajasthan is India’s leading cement producing state. Chittauegarh area is considered rich in raw materials (cement grade limestone), which are required to produce high quality of cement.
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Rajasthan is the most favoured destination for cement companies it has huge limestone deposit of around 21,000 million tonne out of which around 10,500 million tonne is cement grade mineral. Apart from limestone, which forms the base of cement, the state also has other cement ingredients in abundance like redrocker, China clay, gypsum and ...
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India: Nirma Group’s subsidiary Nuvoco Vistas plans to invest US$157m on captive power plants and waste heat recovery systems for three of its cement plants in Chhattisgarh, Jharkhand and Rajasthan. The cement producer plans to save around US$15m from the upgrades over the next two to three years, according to the Hindu newspaper.
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However, in case UltraTech is eventually able to acquire Binani Cement, its margins from the return on capial, is likely to hover around six per cent for the Binani plants as …
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