Star Cement to invest US$156m on expansion plans

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India: Star Cement plans to invest US$156m towards building a new clinker grinding plant and expanding the clinker production line of its existing plant at Lumshnong in Meghalaya. The cement producer plans to build a new 1.5 – 2Mt/yr grinding plant for US$47m at Siliguri in West Bengal, according to the Hindu newspaper. It also intends to spend US$109m on doubling clinker production to 5Mt/yr at the plant in Siliguri by 2020. The investment will be funded internally and by loans.

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URL: https://www.globalcement.com/news/item/6511-star-cement-to-invest-us-156m-on-expansion-plans

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