Cement News tagged under: Sanghi Industries
Sanghi Industries signs MoU for plant expansion04 January 2019, Published under Cement NewsIndia’s Sanghi Industries Ltd has announced plans to expand its existing cement plant in Sanghipuram, Kutch, to 8.6Mta from 4Mta. The project is expected to be completed at an investment of INR15bn (US$214.78m) and generate employment for around 350 people. The company's Chairman and Managing Director, Ravi Sanghi, has signed a Memorandum of Understanding with the Principal Secretary of Industries and Mines, M K Das, to advance the project. The project is likely to commence by 2020, accor... |
Sanghi Industries receives "India's Most Trusted Company 2017" award27 September 2017, Published under Cement NewsIndia-based cement producer Sanghi Industries reported it has received the ‘India's Most Trusted Company 2017’ award from IBC InfoMedia on 24 September 2017. “‘India's Most Trusted Company Award’ is a unique recognition of the success and ingenuity of the fastest growing companies across India and the unique brains behind them. Sanghi Industries is selected as one of India's Most Trusted Company based on a comprehensive research conducted by Media Research Group of IBC InfoMedia,” the com... |
Kenya: dispute over stalled cement plant22 August 2016, Published under Cement NewsLocal politicians in Kenya’s West Pokot county have clashed over delays which have seen the construction of a proposed cement plant make little progress for years, the Daily Nation reports. Despite being announced a decade ago, building has yet to begin and local politicians appear split over whether to invite in new investors. The originators of the project, India’s Sanghi Group, retain the support of the local governor, while the county’s senator, John Lonyangapuo, has approached Desk G... |
Sanghi exits corporate debt restructuring04 April 2016, Published under Cement NewsIndia's Sanghi Industries announced it had exited from the corporate debt restructuring (CDR) mechanism and repaid its INR2.56bn debt as well as raised funding via non-convertible debentures of INR2.56bn as additional capex. The company said it plans to raise its capacity to 4Mta in time. The expansion plans require INR11bn in financing and at present Sanghi is considering several options to raise funds, according to company director, Bina Engineer. He expects financing to be completed in ... |
Sanghi Industries to inaugurate new mill, India03 July 2015, Published under Cement NewsSanghi Industries has installed a new 1.2Mta grinding mill at its plant located in Sanghipuram, Kutch district, taking total capacity to 4.1Mta. The company now proposes to commence work on a 15MW Waste Heat Recovery (WHR) system at the main part of the plant. Chief Minister of Gujarat, Anandiben Patel, will inaugurate the grinding facility and lay the foundation stone for the WHR plant at a ceremony on 10 July 2015. |
Kenya: Pokot's power plant plans18 February 2015, Published under Cement NewsPokot Cement plans to construct a power plant to supply its upcoming cement works in Kenya as well as the national grid. Of the 64MW capacity, 50MW will be sold to the national grid, according to a report by 'The Star' (Kenya). "The power generated will enable us to operate effectively and minimise our costs of operations apart from supplying more electricity to the national power grid," Rajesh Rawal, chief executive of plant owner Cemtech told the daily. Cemtech, a subsidiary of India-... |
Pokot factory nearing construction phase, Kenya07 August 2014, Published under Cement NewsConstruction is expected to start on the Pokot Cement Factory as the establishment of preliminary facilities gets underway. Governor of West Pokot, Simon Kachapin, said that the Indian investors behind the factory have been allowed to start setting up associated facilities such as housing for the workers who will construct the plant. The new 1.2Mta plant is being established by Cemtech Ltd, a subsidiary of the Sanghi Group of India. As part of the project, the group will also set up a 6... |
IBAU HAMBURG delivers road-mobile ship unloader to Sanghi Industries, India12 September 2012, Published under Cement NewsIBAU HAMBURG has recently delivered a road-mobile ship unloader, ordered by Sanghi Industries Ltd. for their Mumbai Cement Terminal. The road-mobile ship unloaders for mini bulk tankers are usually mounted on trailers (for road transport) as the ship unloader has to serve several terminals or because it is not possible to have stationary units in the harbour. Road-mobile, trailer-mounted ship unloaders have a self-supporting structure, are weighing approximately 30t and do have a high degr... |