India: Travancore Cements, a state-owned producer under the Kerala government, has restarted production of white cement after a month-long shutdown, unveiling a three-phase restoration plan to stabilise the company, according to The Hindu newspaper. The company has secured 1000t of raw materials to resume operations.
A company official said “About 540t of raw materials have already arrived, which has helped save US$11,411 in deferred costs. The current plan is to increase white cement production gradually, targeting an average output of 2000t/month.”
The first two phases of the plan include increasing clinker unit capacity, developing value-added white cement products and restoring the company’s drydock. The third phase, dependent on receiving US$2.6m from a land sale in Kakkanad, will focus on clay calcination, green cement production and other diversification programmes in association with with the Board of Public Sector Transformation.
