Sanghi Cements
Sanghi Industries reported Q1 results that were below market estimates. Lower-than-expected realization was the major factor behind the results.
Sales volume was up 3.4 per cent YOY to 0.69 MTPA. Lower capacity utilization 58 per cent / 66 per cent in FY18 / Q1FY19 continues to be a concern considering the company's aggressive capex plan. The declines in realization came as a minor shock, given the stable cement pricing scenario in the Gujarat market in said quarter.
Operating Expenses per MT was up only 1.1% YOY as higher energy costs up 14.9% YOY offset lower other expenses down 22.1% YOY.
The 4 MTPA expansion is on track and is expected to be completed by April 0f 2020.
Sanghi Cement is hiring:-
Safety Officer (only from Cement Industry)
SANGHI INDUSTRIES LIMITED
Bhuj
6 Openings
Click on the links below or alongside to apply online
Cement Company Technical Jobs
Company Profile:
SANGHI INDUSTRIES LIMITED
Sanghi Industries Limited is among the leading cement manufacturers in Western India.
Sanghi Cement's 4.1 million tonnes per annum capacity plant Located in Kutch, Gujarat is one of the largest single location cement plants in India.
Equipped with multi-fuel technology from FLSmidth, this fully integrated plant includes captive facilities viz. a Thermal Power Plant, all weather Port and Sea terminals at Gujarat and Mumbai.
The company possesses one of the largest limestone reserves in the country along with other additive mines like Laterite and Silica Sand.
Due to high quality of its mineral reserves and advanced manufacturing technology, Sanghi Industries Limited is able to produce superior grade of Cement while maintaining one of the lowest cost of production.
It has got the distinction of being a Five Star Rated Cement company with Certifications for Quality, Environment, Health, Safety, Testing, Collaboration and Social Accountability.
Sanghi Industries reported Q1 results that were below market estimates. Lower-than-expected realization was the major factor behind the results.
Sales volume was up 3.4 per cent YOY to 0.69 MTPA. Lower capacity utilization 58 per cent / 66 per cent in FY18 / Q1FY19 continues to be a concern considering the company's aggressive capex plan. The declines in realization came as a minor shock, given the stable cement pricing scenario in the Gujarat market in said quarter.
Operating Expenses per MT was up only 1.1% YOY as higher energy costs up 14.9% YOY offset lower other expenses down 22.1% YOY.
The 4 MTPA expansion is on track and is expected to be completed by April 0f 2020.
Sanghi Cement is hiring:-
Safety Officer (only from Cement Industry)
SANGHI INDUSTRIES LIMITED
Bhuj
6 Openings
Click on the links below or alongside to apply online
Cement Company Technical Jobs
Company Profile:
SANGHI INDUSTRIES LIMITED
Sanghi Industries Limited is among the leading cement manufacturers in Western India.
Sanghi Cement's 4.1 million tonnes per annum capacity plant Located in Kutch, Gujarat is one of the largest single location cement plants in India.
Equipped with multi-fuel technology from FLSmidth, this fully integrated plant includes captive facilities viz. a Thermal Power Plant, all weather Port and Sea terminals at Gujarat and Mumbai.
The company possesses one of the largest limestone reserves in the country along with other additive mines like Laterite and Silica Sand.
Due to high quality of its mineral reserves and advanced manufacturing technology, Sanghi Industries Limited is able to produce superior grade of Cement while maintaining one of the lowest cost of production.
It has got the distinction of being a Five Star Rated Cement company with Certifications for Quality, Environment, Health, Safety, Testing, Collaboration and Social Accountability.
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