Economy & Market

Rajkot-based Kishan group to invest Rs 300 cr for cement plant

Published

13 years ago

January 10, 2011

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Kishan group of companies will increase its cement making capacities by setting up a new cement plant, which is expected to be commissioned by Diwali this year. "We are going to increase our cement manufacturing capacities with an investment of around Rs 250-300 crore. The construction work of the new plant is on the verge of completion and production will start just after Diwali this year," said Rajan Vadaliya, director, Kishan group. For the major cement plant, the Kishan group has formed a new company under the name of ‘Hi-Bond Cement India Private Limited’. Vadalia, informed that the production capacity of new cement plant would be 900,000 tonne per year, which can be upgraded in future. While the company would set up new cement plant, it would also continue production at its mini cement plant, which has a production capacity of about 200,000 tonne per year. Cement manufactured at mini cement plant is marketed under the brand name of ‘Kishan’. The company is focusing on Gujarat, Maharashtra, Rajasthan and some parts of Madhya Pradesh for marketing. The machinery for the new cement plant is imported from Denmark, while a Denmark-based company would provide technical assistance. Finance for the project would be a mix of internal accruals and bank finance.

Concrete

Sustainable solutions by Ambuja Cement, ACC

Published

9 hours ago

December 4, 2023

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Ambuja Cement and ACC the cement and building material companies of the diversified Adani Group announced solutions to an array of customer concerns while keeping environment sustainability at its core. Examples of this are the concrete mix proportioning solution; designed to optimise the proportions of aggregates, sand and water in concrete mixes considering their unique properties. This helps the company optimise the resources thereby minimising wastage. The company also developed an in-house modular curing solution, also known as zero-water curing. This technique helps concrete slab curing without excessive use of water. This has helped save about 39 million litres of water across multiple sites.

Concrete

Fornnax adds 430HP secondary shredder to it’s R-series line-up

Published

9 hours ago

December 4, 2023

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Fornnax technologies showcased the R4000-HD tyre shredder at the IFAT expo 2023, where the company got a platform to interact with industry professionals from domestic as well as overseas markets and demonstrate the technological prowess of their machine. The R4000-HD is a powerful machine designed to make secondary shredding and steel separation more efficient and profitable.
The machine saves electricity and man-power and due to its design features it is built to make maintenance procedures easier and also lower the wear and tear to the equipment, thus lowering operating cost. It can process various materials from types, cables, e-waste and aluminium scrap. It is built to last 20-25years. With all its features and sturdy built, it is one of the most powerful secondary shredding machines in the industry.

Concrete

Udaipur Cement Works Limited doubles its clinker capacity

Published

9 hours ago

December 4, 2023

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A subsidiary of the well known JK Lakshmi Cement Ltd., Udaipur Cement Works Ltd. (UCWL) recently announced the expansion of its clinker facility taking its current capacity from 1.5MTPA to 3 MTPA at Udaipur. The company, by the end of financial year 2023-24, plans to exceed twice the current capacity from 2.2 MTPA to 4.7 MTPA. The capacity expansion has been funded through a mix of equity and debt; the company recently successfully completed its rights issue of INR 450 crores.
They have two brands under their portfolio ‘Platinum Heavy Duty Cement’ and ‘Platinum Supremo Cement’.
Also known for their commitment to renewable energy and environment sustainability, they have the first and only of it’s kind floating solar power plant of 1MWp at it’s mines, fulfilling 50% of their electricity needs.