India: Ramco Cements is planning to make an investment of about US$172m in various projects, on the back of anticipated higher demand for cement in the near future. The company will invest in a range of projects, including expansion of its satellite grinding unit capacity. This move will enable the company to increase its presence in Odisha, Andhra Pradesh and West Bengal and will raise its total capacity to 7.1Mt/yr from 4.0Mt/yr at present. Expansions will be undertaken at its Visakhapatnam and Kolaghat plants, as well as at a new new grinding unit in Odisha. The projects will be commissioned within 18 months.
Ramco to ramp up grinding capacity
Written by Global Cement staff
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