JSW to ramp up cement capacity
JSW Group plans to expand its cement production capacity to 30 million tonne (mt) from 5 mt a year now by setting up grinding units closer to its steel plants. The Group´s plan is to become a significant player in the sector with 30 mt capacity by 2025.
For instance, a grinding unit put closer to the Dolvi steel plant in Maharashtra can source clinker from Gujarat, mix it with slag available from the plant and tap the vibrant western market. Cement demand in the South has picked up in the last two months and it is expected to improve further with the Government decision to abandon bitumen in favour of cement.