Nagarjuna Cements

NCL Industries Posts Good Results

Hyderabad based NCL Industries reported strong sales and dispatch data for the quarter ended September 2018. For the quarter and half year ended September 2018, the company's cement production has increased by 32 percent to 4.88 lakh MT from 3.69 lakh MT. Cement dispatches also increased by 31 percent to 4.88 lakh MT from 3.72 lakh MT. Its cement boards production and dispatches rose 19 percent and 7 percent at 16,458 MT and 16,728 MT respectively.

The company markets OPC as well as PPC cement under the brand name Nagarjuna Cement and a special cement (IRS Grade 53 S) is manufactured for supply to Indian Railways for concrete sleepers. Nagarjuna is the only private company in the state of Andhra Pradesh that manufactures special 53-S grade cement. The total installed capacity is 2 MTPA from 2 cement units.

NCL Industries is an India-based Hyderabad headquartered company that operates in five segments: Cement, Boards, Prefab structures, Hydel Power and Ready Mix Concrete. The company was incorporated in 1979, a part of NCL Group. The company is also in the business activities of Cement, Prefab, Boards, Energy, Ready Mix Concrete Division.

Nagarjuna Cement

Nagarjuna Cement

Nagarjuna Cement Price

NCL Industries

JP Cement Clarifies Position

Cement Grinding Unit Sale

Jaiprakash Associates Ltd

 JP Cements' Jaiprakash Associates Limited, has clarified the company's stand on various reports from the cement industry as well as newspapers on the sale of their Sikandrabad cement grinding unit to Heidelberg.

It goes on to say that it is all market speculation and the company does not wish to comment on market speculation.

It further states that the cement company is firm in its resolve to reduce its overall debt by disposing some of its assets and investments.

Cement Grinding Unit Sale

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Cement Production to Double

Cement Production

Wonder Cement is all set to double its productin capacity from the existing 3.25 MT to 7 MT by the year end. This is to be achieved by adding a second line to the existing one based in Bhatkotri, Rajasthan. The investment layout to achieve this will be to the tune of Rs.1600 crores.

The long-term cement production plan is 10 MT from 7 MT within a time frame of 5 years and a further investment layout of Rs.1600 crores. This is planned to be completed by adding a third production line in the same Bhatkotri cement unit based in Rajasthan.

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