Cement News tagged under: JSW Group
JSW Group to invest in port capabilities and cement capacity10 November 2015, Published under Cement NewsJSW Group plans to invest INR40bn (US$610m) to boost its port and cement capacity in the next two years. JSW Infrastructure Ltd, plans to almost double its ability to handle cargo at its ports to 62Mt, with a target to further increase it to 200Mt by 2025, Seshagiri Rao, group chief financial officer, said in an interview. Cement capacity is estimated to increase to 17Mt in the next 24 months from 6Mt, he said. “Ports appear to be a very, very attractive investment as ports and inland wate... |
JSW Group plans Salboni plant, India29 September 2015, Published under Cement NewsJSW Group announced that it will be setting up a 2.4Mta grinding plant at Salboni in West Midnapore district, West Bengal, India. A 10Mt steel plant was originally planned for the site, but the company has not proceeded with the project thus far due to coal and iron linkages and problems with the land lease. However, chairman Sajjan Jindal explained to local press that JSW wants to have some activity at Salboni while the steel project is delayed. The foundation stone ceremony is being p... |
JSW Group resumes plans for Bengal plant, India21 August 2015, Published under Cement NewsThe JSW Group has proposed to build a 2.5Mta slag-based cement plant in Salboni, Bengal. Should everything proceed as planned, the Mumbai-based conglomerate may start the project next year. The company had originally signed an agreement with the Buddhadeb Bhattacharjee-government to invest in a 10Mt steel and 1680MW power plant, which had included a cement unit to utilise the slag generated from the blast furnace plant. However, the project was put on hold in December 2014. But now the pl... |
India: JSW Group eyes capacity expansion19 January 2015, Published under Cement NewsThe JSW Group plans to expand its cement production capacity to 30Mta over the next decade from the current 5Mta as it seeks to become a bigger player on the Indian cement market scene. Speaking to BusinessLine reporters, Seshagiri Rao, Joint Managing Director of JSW Steel said the group plan is to become a significant player in the sector with 30Mta capacity by 2025. The company, one of India's largest business conglomerates, is looking to setting up grinding units closer to its steel pl... |