Concrete

Shree Cement marks entry into RMC with Bangur Concrete

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Shree Cement recently launched their first Greenfield ready-mix concrete plant in Hyderabad. The state-of-the-art plant has a capacity of 90 cubic meters per hour and with the commissioning of the RMC with the new plant the company aims to emerge as a multi-product player in the core cement business. The company also recently acquired five operational plants from StarCrete LLP in Mumbai at a valuation of Rs.33.5 crores, taking their capacity up to 512 cubic meters per hour. The move is to give the company an advantage in the growing RMC sector, backed by major infrastructure developments in the country at present.

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