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Displaying items by tag: Wonder Cement

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Wonder Cement's launches grinding plant in Madhya Pradesh

31 January 2020

India: 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.

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Wonder Cement appoints Sanjay Joshi executive director

25 September 2019

India: Rajasthan-based Wonder Cement has announced that Sanjay Joshi will become its executive director. Joshi brings 17 years of marketing and operations experience to the RK Group subsidiary, whose integrated cement production capacity is 6.8Mt/yr.

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Wonder Cement launches new production line at Nimbahera plant in Rajasthan

01 August 2019

India: Wonder Cement has launched the third production line at its Nimbahera plant at Chittorgarh in Rajasthan. The new 2Mt/yr integrated line had an investment of US$159m, according to the Hindu newspaper. The unit at Nimbahera now has a total production capacity of 9Mt/yr and the company also operates a 2Mt/yr cement grinding plant at Dhule in Maharashtra.

Sanjay Joshi, the executive director of Wonder Cement, said that he expected domestic cement demand to grow by 8% year-on-year in the 2019 – 2020 financial year. He added that, although the market was crowed, he thought that a new company could stand out if it delivered quality products.

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Blackstone Group and Temasek Holdings in competition for minority stake in Wonder Cement

01 November 2018

India: Private equity companies Blackstone Group and Temasek Holdings are holding separate negotiations to buy up to a 20% stake in Wonder Cement for around US$136m. The investment is expected to allow the cement producer to expand its production capacity to 11Mt/yr from 6.75Mt/yr at present, according to the Economic Times newspaper. Wonder Cement, part of the Rajasthan-headquartered RK Group, announced in August 2018 that it was preparing to set up a 2Mt/yr clinker grinding unit in Dhule, Maharashtra.

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Wonder Cement plant launched in Maharashtra

20 August 2018

India: Wonder Cement, a part of the Rajasthan-headquartered RK Group, has announced that it will set up a 2Mt/yr clinker grinding unit in Dhule, Maharashtra at a cost of US$64.7m. The plan marks the company’s first foray into the state. This is in addition to the earlier-announced plan to invest US$359m by the end of the 2020 financial year.

“The Dhule plant will distribute cement mainly across Maharashtra, while a minimal quantity will be supplied to Madhya Pradesh,” said Managing Director JC Toshniwal, who added that the company is also in the process of developing a railway siding for the unit.

Following the commencement of the Dhule facility, Wonder Cement’s production capacity will increase to 8.75Mt/yr from the present 6.75Mt/yr. The clinker required for the unit will be supplied from Nimbahera plant in Rajasthan. Gypsum, another raw material used for manufacturing cement, will be procured from Gujarat and fly ash from a nearby thermal power plant.

In addition to the plants in Nimbahera and Dhule, Wonder Cement is in the process of setting up a third clinker facility of about 2.5Mt/yr in Nimbahera, Rajasthan. “The civil works for the third clinker unit is in full swing,,” confirmed Toshniwal. “We will commission it by mid-2019. This will help to increase our cement production capacity to 11Mt/yr.”

Under its expansion plans, the company will look at setting up two more clinker units. One will be in Madhya Pradesh, but the location for the other is yet to be finalised.

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Wonder Cement orders two mills from Gebr. Pfeiffer

11 April 2018

India: Wonder Cement has ordered two vertical mills from Germany’s Gebr. Pfeiffer for its Nardana plant in Rajasthan. The order includes a MVR 6000 C-6 mill for grinding slag cement and a MPS 3070 BK mill for grinding fuel. Delivery is scheduled for early 2019 and mid-2019 respectively.

The MVR mill will feature a total drive power of 5820kW. Mixed cements will be be ground to a fineness of up to 5% R 45µm. The grinding plant will be designed to process granulated blast-furnace slag with a target fineness of approximately 4500 cm²/g Blaine and blast-furnace cements with different proportions of granulated blast-furnace slag, fly ash and gypsum and different product fineness degree. Wonder Cement has requested the option to grind relatively hot clinker in the mill while at the same time being able to reduce the cement temperature, and alternatively to use cold clinker from stockpiles.

The core components such as the tension system and the grinding rollers will come from Gebr. Pfeiffer in Germany. The grinding bowl and the gearboxes for the mill and classifier will also be delivered from Europe. Gebr. Pfeiffer’s subsidiary, Gebr. Pfeiffer India, will provide the housing parts, the foundation parts and supports of the rollers as well as almost the entire high-efficiency classifier type SLS 5600 BC. Gebr. Pfeiffer India scope of supply will incorporate most of the equipment to complete the grinding plant including the plant fan.

The MPS mill will grind petcoke with a capacity of 40t/hr to a product fineness of 2% R 90µm. It will come with a SLS BK classifier, allowing both coal and petcoke to be ground in the mill, dried with process gases and then classified in the integrated classifier. Due to the high abrasiveness of Indian coal, the mill will be designed with appropriate wear protection.

Most components of the coal mill will be supplied by Gebr. Pfeiffer India. The housing and foundation parts, the grinding bowl and a large part of the power-transmitting parts will be manufactured in India. Setting up the new MPS mill is planned to coincide with the commissioning of the entire kin line.

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Wonder Cement appoint Sailesh Mohta as president of marketing

05 October 2016

India: The board of directors of Wonder Cement, a part of the RK Group, has appointed Sailesh Mohta as President (Marketing). Mohta will report into JC Toshniwal, Managing Director, according to Asian News International. Mohta will oversee strategic business partnerships and develop tactical policies aimed at augmenting the national presence of the brand, identifying potential markets, implementing a conducive growth stratagem and generating a significant share of voice in the marketplace.

Since 2010, Mohta has served as the president of Binani Cement. He holds a bachelor's degree in commerce from the University Of Mumbai and a chartered accountancy degree from the Institute of Chartered Accountants of India. He is also a member of Multi Commodity Exchange of India and National Spot Exchange.

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Jagdish Chandra Toshniwal appointed managing director of Wonder Cement

27 April 2016

India: Wonder Cement has appointment of Jagdish Chandra Toshniwal as its managing director. Toshniwal takes over from DP Somani who was with the company for over seven years.

Toshniwal originally studied at the Birla Institute of Technology and Science in Pilani. He started his career with Udaipur Cement in 1975 before spending nearly 18 years working for Ambuja Cement. Toshniwal joined Wonder Cement in 2015 as an executive director.

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Wonder Cement appoints Jagdish Chandra Toshniwal as Executive Director

04 February 2015

India: Wonder Cement has appointment of Jagdish Chandra Toshniwal as Executive Director. Prior to joining Wonder Cement, Toshniwal spent 18 years with Ambuja Cement and was the Business Head of the Northern Region based in Delhi. An engineer by training, Toshniwal has strong operational and commercial skills.

Wonder Cement is planning to double its manufacturing capacity to 6.75Mt/yr by the fourth quarter of 2015. The company has said it will invest US$259m towards this. Wonder Cement is also in the process of increasing its dealer network. The company has significantly increased its brand spend.

The company's 3.25Mt/yr cement plant is located in RK Nagar, Tehsil-Nimbahera, District Chittorgarh, Rajasthan. A waste heat recovery system is currently being installed and the company is planning to build its own railway line and a captive power plant.

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