Birla Corporation, a MP Birla Group flagship, in a bid to expand its cement and power capacity is planning to invest about Rs 1,025 crore over the next one-and-a-half years. At present the company is having a cement production capacity of 7.5 million tonnes (MT) which after capacity expansion is expected to touch 9.3 MT by March 2012. The company’s 1.2 MT brownfield project for increase of capacity at Chanderia and 0.6 MT capacity addition at Durgapur is progressing satisfactorily and the projects are likely to be commissioned by November-December 2011.
The company’s expansion project relating to replacement of old cement ball mills, one at Satna and the other at Chanderia, for increasing the cement grinding capacity and ensuring power saving are also progressing satisfactorily. It has also proposed to install a grinding cum packing plant with a capacity of 7.5 lakh tonne per annum at Kota, Rajasthan to optimise the logistics costs. Cement capacity of the Raebarelli works is being expanded from 6.3 lakh tonne per annum to 8 lakh tone.
The cement sector has witnessed massive capacity additions of over 100 MT during the past three years, which in turn, has resulted in significant pressure on price realization and also on capacity utilization during 2010.
Birla Corporation (BCL), a flagship company of MP Birla Group, operates four division cement, jute, vinoleum and auto trim division. It has eight manufacturing facilities located in Pune, Rajasthan, West Bengal, Gurgoan, Uttar Pradesh and Madhya Pradesh.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 11905.00 |
| Ambuja Cement | 438.60 |
| ACC | 1360.35 |
| Shree Cement | 25300.05 |
| Dalmia Bharat | 1773.05 |
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