JSW Cement through its subsidiary -- Shiva cement has commissioned a new state-of-the-art cement grinding unit at Sambalpur in Odisha. In keeping with the company’s strategy to strengthen its market presence in eastern India with an objective of meeting the growing demand in the region, the new facility has been funded and supervised by its majority-owned subsidiary Shiva Cement, vide a commercial arrangement with Bhushan Power and Steel (BPSL), with a capacity to produce 1.0 MTPA exclusively for use and consumption by Shiva Cement. With this, the total installed capacity of the company, including that of its subsidiaries goes up to 21.6 MTPA.
JSW Cement is part of the JSW Group, a multinational conglomerate with a portfolio of diversified businesses across various sectors such as steel, energy, maritime, infrastructure, defence, business-to-business e-commerce, realty, paints, sports and venture capital.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 11911.30 |
| Ambuja Cement | 454.50 |
| ACC | 1429.55 |
| Shree Cement | 25461.55 |
| Dalmia Bharat | 1979.45 |
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