Skip to main content

Zuari Cement breaks ground on new terminal

Published by , Editor
World Cement,


In India, Italcementi subsidiary Zuari Cement has broken ground on a new port-based cement packing terminal in Kochi. With a reported investment of ~Rs.125 crore, the new plant will have a capacity of 1 million tpa and the first phase is expected to be operational by 3Q15. The terminal will have four silos in all. Zuari Cement is seeking to expand its presence in southern and western India, and the terminal will help enable this and give rise to further export potential. CEO Carlo Pesenti told press at the ground-breaking ceremony that the company is moving towards a ‘total cement solution’, offering different types of cement for different applications.

Meanwhile, Zuari Cement’s Managing Director Nabil Francis told Business Line that once India’s election process is over he hopes that the country will see an increase in infrastructure spending that will be good news for the cement industry. He noted a 3.5% increase in demand in the last financial year, but expects the demand for housing and infrastructure development will significantly increase cement sales in the future.

Edited from various sources by

Read the article online at: https://www.worldcement.com/asia-pacific-rim/24042014/zuari_cement_breaks_ground_on_new_packing_terminal_69/

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):