MoneyWorks4Me

Prism Cement’s arm completes expansion at Morbi plant

20 Mar 2018 Evaluate

Prism Cement’s step-down joint venture - Spectrum Johnson Tiles (Spectrum) has successfully completed the expansion of 3 million m2 (MSM) per annum large format Glazed Vitrified Tiles capacity at its Matel plant, Morbi. The plant has capability to produce large format GVT i.e. 120cmx120cm, 120cmx180cm and 120cmx240cm amongst others. The commercial production has commenced from March 14, 2018.

The overall capacity of H & R Johnson (India), a division of Prism Cement, along-with its joint ventures and subsidiaries would stand at over 68 MSM per annum.

Prism Cement is a building materials company. The company has interest in Portland cement, tiles, bathroom and kitchen (TBK) and ready mixed concrete (RMC).


Peers
Company Name CMP
Ultratech Cement 10765.00
Ambuja Cements 386.30
ACC 1225.00
Shree Cement 22310.05
Dalmia Bharat 1702.05
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