JSW Cement to invest US$150 million into new clinker facility in UAE
Published by Robyn Wainwright,
Assistant Editor
World Cement,
JSW Cement, a subsidiary of JSW Group based in Mumbai, is investing US$150 million into a new 1 million tpy clinker facility in Fujairah, UAE.
The Economic Times states that the new clinker unit is part of the JSW Cement’s goal to achieve 20 mtpa capacity by 2020 and will boost JSW Cement's leadership position in India as a leading producer of green cement. It will service the company's manufacturing units in coastal India and is expected to create between 400 and 500 direct and indirect job opportunities.
"Through this investment we hope to contribute to the overall economic development of Fujairah as well as create new direct and indirect job opportunities," said Parth Jindal, Managing Director of JSW Cement.
JSW Cement's new clinker unit at Fujairah, is expected to be commissioned by December 2019.
Read the article online at: https://www.worldcement.com/africa-middle-east/25072018/jsw-cement-to-invest-us150-into-new-clinker-facility-in-uae/
You might also like
Climate-neutral circular economy: Schenck Process becomes Qlar
Guided by its aspiration 'the future is cirQlar', Schenck Process will rebrand to Qlar on 13 May 2024.