Skip to main content

Newsbytes from India – JK Cement, Shree Cement and price concerns

Published by , Editor
World Cement,


JK Cement has commenced production at its 1.5 million tpa grey cement plant in Haryana.

Shree Cement commissioned its 2 million tpa grinding unit at Aurangabad in Bihar on 30 June. Start-up of its clinker production line at Bangur City, Ras in Rajasthan also began on 30 June. The new clinker line has a capacity of 6000 tpd.

Meanwhile, price rises in India have caused alarm among end users including the Builders Association of India and the real estate body, Credai. Credai is alleging that the cement producers have conspired to raise prices by about Rs.100 per bag. In protest, Credai has said it will not buy cement from 5th – 12th July.

In June 2012, 11 cement companies in India were fined Rs.6307 crore by the Competition Commission of India (CCI). The CCI issued the fine after a 2-year investigation into price fixing by the accused companies and the Cement Manufacturers Association (CMA). 


Edited from various sources by

Read the article online at: https://www.worldcement.com/asia-pacific-rim/02072014/newsbytes_from_india_jk_cement_shree_cement_credai_20/

You might also like

The World Cement Podcast - CleanTech & Venture Capital

Our guest for this episode of the World Cement Podcast is Alfredo Carrato, Venture Capital Advisor for CEMEX Ventures. Listen in to the conversation as World Cement's Senior Editor, David Bizley, and Alfredo discuss the role of venture capital and cleantech in enabling the cement industry's green transition.

Tune in to the World Cement Podcast on your favourite podcast app today.

Apple Podcasts  Spotify Podcasts  YouTube

 
 

Embed article link: (copy the HTML code below):