JK Cement announces launch of new grinding unit at Balasinor, Gujarat.

JK Cement  recently said in a statement announced that it will be organizing a virtual launch of its new Grey Cement grinding unit in Balasinor, Gujarat for its dealers on 24th October 2020. Commercial dispatches have already commenced from this unit that has a capacity of 0.7mtpa (million tonnes per annum). The company said it has completed its grey cement capacity expansion of 4.2mtpa comprising of (2mtpa), in Rajasthan, Uttar Pradesh (1.5mtpa) and Gujarat (0.7mtpa).The Balasinor plant is spread over a total area of over 8 hectares and has been set up at a total project cost of Rs. 200 crore. This is a part of the Company’s total funding outlay of Rs. 2000 crores for capacity addition to the tune of 4.2 MN tonnes.

Raghavpat Singhania, Managing Director, JK Cement, said, “ The establishment of this new plant in Balasinor marks our foray into Western India.”

A.K. Saraogi, Dy. Managing Director & CFO, JK Cement commented, “While we are already supplying to the active cement demand in Gujarat, the Balasinor grinding unit will enable us to cater to the high potential markets across Surat, Baroda and Rajkot and others. We have over four decades of experience in the Cement manufacturing industry with an installed grey cement capacity of 14 MPTA. With the commissioning of this plant in Balasinor, our total capacity has touched 14.7 MTPA. “