Jammu and Kashmir Cements Ltd (J&K Cements) is set to double the production capacity of its cement plant in Khrew, Pulwama District, South Kashmir, India, to 1200 tpd in an attempt to bridge the gap between demand and supply of cement.
Industries Minister, and Chairman of J&K Cements, S.S. Slathia, commented that the state needs to reverse its trend for importing large quantities of cement from other states, despite its large deposits of good quality limestone.
It is reported that the company will set up a 300 tpd clinker grinding-cum-packing unit at the Industrial Growth Centre (IGC) at Samba, in Jammu. The project will cost an estimated Rs 27 crore.
Slathia said: “Being a state-owned company, J&K Cements Ltd has a pivotal role to keep reasonable checks and balance on cement prices in the open market by making its product cost-effective and affordable at reasonable rates.”
The company’s Managing Director, Mushtaq Ahmad, commented that J&K Cements posted a profit of approximately Rs 2.28 crore last fiscal, as clinker and cement production reached an all-time high of 1.15 lakh t and 1.36 t, respectively.
Read the article online at: https://www.worldcement.com/asia-pacific-rim/04082011/j_and_k_cements_to_double_production_capacity/