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JSW Cement Aims to Double Capacity, Eyes IBC Acquisitions

JSW Cement plans to double its capacity by acquiring assets through the IBC route.

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JSW Cement, a leading player in the Indian construction sector, is targeting significant growth by doubling its production capacity to 30 million tonnes per annum (MTPA) in the coming years. The company plans to achieve this expansion primarily by acquiring distressed assets through the Insolvency and Bankruptcy Code (IBC) route.

The move aligns with JSW Cement’s strategy to increase its market share in India’s rapidly growing construction and infrastructure sectors. According to a senior company official, JSW Cement is actively looking at opportunities to acquire cement assets that are undergoing insolvency proceedings. These acquisitions are expected to provide the company with a faster route to expand its capacity, while also benefiting from strategic locations and existing infrastructure.

JSW Cement currently operates with a capacity of 16 MTPA, and the company aims to enhance this through both organic growth and strategic acquisitions. The IBC route offers a cost-effective way to acquire existing cement assets, which could be swiftly integrated into JSW’s operations, boosting efficiency and market presence.

The company is also exploring greenfield projects and capacity expansion at its existing plants as part of its long-term growth plan. With India’s cement demand projected to grow significantly in the coming years, JSW Cement’s expansion strategy will enable it to cater to the rising infrastructure needs across the country.

JSW Cement’s focus on capacity growth reflects its commitment to becoming a dominant force in the Indian cement industry, driven by both organic and inorganic expansion.

Concrete

CCU testbeds in Tamil Nadu

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Tamil Nadu is set to host one of India’s five national carbon capture and utilisation (CCU) testbeds, aimed at reducing CO2 emissions in the cement industry as part of the country’s 2070 net-zero goal, as per a news report. The facility will be based at UltraTech Cement’s Reddipalayam plant in Ariyalur, supported by IIT Madras and BITS Pilani. Backed by the Department of Science and Technology (DST), the project will pilot an oxygen-enriched kiln capable of capturing up to two tonnes of CO2 per day for conversion into concrete products. Additional testbeds are planned in Rajasthan, Odisha, and Andhra Pradesh, involving companies like JK Cement and Dalmia Cement. Union Minister Jitendra Singh confirmed that funding approvals are underway, with full implementation expected in 2025.

Image source:https://www.heavyequipmentguide.ca/

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Concrete

JSW Cement gears up for IPO

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JSW Cement has set the price range for its upcoming initial public offering(IPO) at US$1.58 to US$1.67 per share, aiming to raise approximately US$409 million. As reported in the news, around US$91 million from the proceeds will be directed towards partially financing a new integrated cement plant in Nagaur, Rajasthan. Additionally, the company plans to utilise US$59.2 million to repay or prepay existing debts. The remaining capital will be allocated for general corporate purposes.

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Concrete

Cement industry to gain from new infrastructure spending

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

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