JK Cement eyes doubling grey cement capacity: Report

04 Dec 2017

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.

Related JK Cement Ltd. Links:

JK Cement Share Price

2686.25 63.85 (2.43%) Feb 26, 18:55
1 Year Price Chart
Peers
Company Name CMP
Ultratech Cement 6114.60
ACC 1732.95
Shree Cement 26506.65
Ambuja Cement 273.65
Dalmia Bharat 1434.75
View more..
Sensex vs JK Cement
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback