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JK Cement eyes doubling grey cement capacity: Report

04 Dec 2017 Evaluate

JK Cement is reportedly planning to almost double its grey cement capacity to 18 million tonnes in four years with brownfield and greenfield expansions. The company is embarking on a brownfield expansion of 3.5 million tonnes at its Mangrol facility in Rajasthan.

The company’s plan will involve capital expenditure of about Rs 1,500 crore. Moreover, the Mangrol work is expected to begin by end of this fiscal and commissioning is expected by end of 2019.

JK Cement is one of the largest cement manufacturers in north India. It is also second largest producer of white cement in India. The company exports white cement to countries like South Africa, Nigeria, Singapore, Bahrain, Bangladesh, Sri Lanka, Tanzania, UAE and Nepal.

Peers
Company Name CMP
Ultratech Cement 10830.30
Ambuja Cements 384.05
ACC 1233.55
Shree Cement 21908.95
Dalmia Bharat 1690.00
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