Sanghi Cements plans floating cement terminal

Sanghi Cements is considering setting up a floating terminal at Kochi Port as part of expanding its coastal movements to south Indian markets.

A team from the company is scheduled to travel to Kochi to firm up plans on the project. Once the project becomes operational, Kochi Port will be the first major port in the country to have a floating cement terminal,” AV Ramana, deputy chairman of the port, said. Sanghi Cements has similar facilities in the minor ports of Kutch and Navlakhi in Gujarat and Dharamtar in Maharashtra, the report published by Business Line (India) noted.

Kochi Port is also in the process of commissioning further automated cement bagging units. Apart from the three units operated by Ambuja Cements, Ultratech and Zuari Cements, two more companies are setting up bagging units: Penna Cement by November this year and Malabar Cements by March 2019.