Displaying items by tag: Maharashtra
JSW Cement enters the concrete business with first ready-mixed concrete plant in Mumbai
22 June 2021India: JSW Cement has launched its first commercial ready-mix concrete plant at Chembur in Mumbai, Maharashtra. The plant has a capacity of 120m3/hr across two production lines. It will serve construction in south and central Mumbai. The technology for the plant was supplied by Germany-based Schwing Stetter. The company plans to establish three further batching plants in Mumbai, covering Navi Mumbai, Thane and western Mumbai.
“JSW Concrete was successfully piloted at our captive plants at Dolvi and Vijaynagar and used in the expansion projects of JSW Steel. The experience gained from these projects gave us enough confidence to offer this unique concrete product to our large project customers,” said TN Viswanathan, Vice President of JSW Cement.
Adani Cement plans 5.0Mt/yr Shahbaj cement plant
17 June 2021India: Adani Enterprises Limited subsidiary Adani Cement plans to establish a 5.0Mt/yr integrated cement plant at Shahbaj in Maharashtra’s Raigad district. BusinessLine News has reported that the company will invest between US$122m and US$135m in the project. It has acquired 10ha of land on which to build the plant.
India: JSW Group has established a new large projects division. The division combines the former large projects division of its subsidiaries JSW Cement and JSW Steel. It will use the group’s new end-to-end sales platform Aikyam, according to United News of India. The integration is expected to create large scale volume opportunities for the steel and cement businesses in Maharashtra, Gujarat, Karnataka, Telangana and Andhra Pradesh.
Director Parth Jindal said, "JSW Group has the unique advantage of providing an integrated offering to its large customers in the infrastructure and building industries space.” He added "I expect Aikyam to fundamentally change the way JSW works with its large clients, while ensuring that our relationships continue to get stronger through a single group interface, bolstered by strong internal collaboration. In the near future we plan to offer other group products such as paints, construction chemicals, ready-mix concrete and many others to our large institutional customers through the Aikyam interface."
India: The Maharashtra parliament has formed a four-member committee to review the possible wildlife impacts of Birla Corporation subsidiary Reliance Cement’s planned Yavatmal cement plant in Mukutban, Maharashtra. The Times of India has reported that the plant received Stage II environmental clearance in 2018. In 2019, dry forest due for clearance under the plant plans was found to constitute part of a tiger corridor. As a result, Reliance Cement must apply to the Maharashtra State Board for Wildlife. The parliamentary committee will visit the site and prepare a report for the board.
India: Birla Corporation’s consolidated revenue fell by 1.6% year-on-year to US$936m in its 2021 financial year that ended on 31 March 2021 from US$951m in its 2020 financial year. Its cement sales volumes decreased by 1.8% to 13.4Mt from 13.6Mt. However, its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 1.2% to US$195m from US$193m. It blamed falling sales on the coronavarus pandemic but it said it was able to increase earnings and profits by ‘aggressively’ rationalising costs.
"In the light of the massive disruptions faced at the beginning of the financial year, the 2021 financial year wasn't disappointing from the standpoint of profitability. Our performance reflected the resilience we have built over the years to external shocks. We also benefited from the stimulus provided by the government. But in the wake of the second wave of the pandemic, the year ahead looks more challenging. To my mind, India's ability to contain the pandemic through rapid inoculation and other means holds the key to economic revival," said Harsh Vardhan Lodha, chairman of Birla Corporation.
The cement producer also said that work on its new 3.9Mt/yr integrated cement plant in Mukutban, Maharashtra had been delayed due to a shortage of workers related to the ongoing health crisis. The plant is currently scheduled for commissioning by the end of the 2021 calendar year.
India: Ambuja Cement, part of Switzerland-based LafargeHolcim, plans to commission its upcoming Mundwa cement plant in Rajasthan by September 2021. The plant will have a total capacity of 5Mt/yr, consisting of 3Mt/yr of integrated and 2.0Mt/yr of grinding capacity. The Hindu newspaper has reported that the company aims to achieve 50Mt/yr total installed capacity in the medium term. It said that it is evaluating possible plant upgrades at Bhatapara in Chhattisgarh and Maratha in Maharashtra.
Dalmia Cement (Bharat) to hire more locals
27 January 2021India: Dalmia Bharat subsidiary Dalmia Cement (Bharat) has shifted its recruitment procedures towards hiring more local people in Maharashtra, Bengal, Orissa due to labour shortages throughout the Covid-19 outbreak. The Economic Times newspaper has reported that local labour now makes up a majority of the workforce at multiple cement plants belonging to the company.
Dalmia Bharat group head of human resources Ajit Menon said, "In our Bengal plant, we have 90 - 95% local workers now versus 20 - 25% earlier, while in Orissa it is almost 100% local labour. Covid-19 has accelerated the intake of local workforce.” He added, “This has also given us the opportunity to give employment to people in the locations neighbouring our factories - many of whom are tribal people and are from underprivileged communities."
Orient Cement to acquire 26% stake in AMPSolar Systems
04 December 2020India: Orient Cement has entered into a share purchase, subscription and shareholder’s agreement with AMPTechnology and AMPSolar Systems. It will acquire a 26% stake in the latter for around US$0.6m. The Press Trust of India has reported that AMPSolar Systems is establishing a 13.5MW solar power plant in Maharashtra, where Orient Cement operates an integrated cement plant.
India: A public hearing over Birla Corporation subsidiary Reliance Cement’s planned 3.9Mt/yr Mukutban cement plant in Yavatmal district, Maharashtra has raised objections against the company’s quarry plans. The Times of India newspaper has reported that the plant is due to source its limestone from a 7.6km2 quarry in Korpana, Chandrapur district. Critics say that the company has failed to complete a wildlife management plan, and that the site of the mine lies on a 120km wildlife corridor between the Tipeshwar Wildlife Sanctuary and the Kawal Wildlife Sanctuary in neighbouring Telangana. Reliance Cement said that an environmental report had shown the presence of no scheduled species within 10km of the proposed site.
Maharashtra state wildlife board member and honorary wildlife warden Bandu Dhore said, “Although there is no forest area under the proposed mining site, it acts as a regular corridor as there is forest on either side within 1km. We are pursuing the matter with the forest department and would press it with higher officials to ensure that the precious corridor remains undisturbed. Protection of corridors is a must for conservation of wildlife and hence we are going to raise the demand of re-survey of the project site from the wildlife point of view.”
Wonder Cement's launches grinding plant in Madhya Pradesh
31 January 2020India: Wonder Cement has launched a new 2Mt/yr grinding plant at Badnawar in Madhya Pradesh. It follows the company’s first grinding plant at Dhule in Maharashtra that was launched in mid-2018, according to the Pioneer newspaper. The cement producer plans to open a third grinding plant at Jhajjar in Haryana to reach a combined production capacity of 13Mt/yr in 2020. The new grinding units have a cost of US$112m.