Fujairah, November 15th 2011: Born to the multi-disciplinary industrial conglomerate J.K. Organisation, and bolstered by the success of its recent expansion-oriented implementations, J.K. Cement Ltd. India’s leading cement manufacturer with three decades of experience in the cement manufacturing industry has announced its capital outlay of US $ 150 million for its maiden overseas plant at Fujairah, UAE. Strategically located adjacent to Al Salwa crusher at village Habhab Fujairah, UAE the capacity of the Grey cum White cement plant is slated to be at 1,700 tpd/ 2,800 tpd.
This announcement was made today on November 14, 2011 at the plant’s foundation laying ceremony which was graced by the presence of H.H. Sheikh Hamad Bin Mohammed Al Sharqi – Member of Supreme Council and Ruler of Fujairah and Crown Prince of Fujairah, H.H. Sheikh Mohammed Bin Hamad Al Sharqi. Expected to commission production by end 2013, the plant is being set up in technical collaboration with M/s. Taheiyo Engineering Corporation of Japan who are pioneers in the field and have the most modern quality control and environment friendly technology.
Speaking on the occasion, Mr. Yadupati Singhania, Managing Director & CEO – J.K. Cement Ltd. remarked, “We are extremely proud that with the inauguration of the plant at Fujairah, J.K. Cement Ltd has spread its wings to explore opportunities beyond our country’s shores. The proposed plant at Fujairah will have a capacity of 0.6 million tonnes per annum for White Cement with a flexibility to change over its operation to produce upto 1 million tonnes per annum of Grey Cement. The plant shall have the flexibility to have 100% white cement, a mix both of white cement and grey cement or 100% grey cement, depending upon the market demand. Thus, the Company plans to cater to the demand in the region as well as to the neighboring countries through this manufacturing facility. As has been a ritual with JK Cement Ltd., in this venture as well, we will continually strive to uphold the quality consciousness, customer experience and best ethical practices that J.K. Cement Ltd. is known for.”
From modest beginnings in the year 1974 with a capacity of 0.3 million tonnes at Nimbahera in Rajasthan, today J.K Cement Ltd. has 6 kilns of different capacities with a combined annual capacity of 7.5 million tonnes. The three cement units having aggregate capacity of 4.5 million tonnes are located in Rajasthan at Nimbahera (capacity 3.3 million TPA), Mangrol (capacity 0.7 million TPA) and Gotan (capacity 0.5 million TPA) and one unit in Karnataka at Muddapur with capacity of 3 million TPA. The Company is the second largest manufacturer of White Cement in India, with an annual capacity of 400,000 tonnes and value-added building products such as Wall Putty.
About J.K. Organisation
J.K. Organisation, founded 127 years ago, has a leading presence in diverse industries, ranging from cement, paper, tyres, textiles and many more with a market capitalization of all its listed companies being over US$ 3 billion. The J.K. Organisation represents the highest ideals of corporate governance and a rich value system, which resonate across each of its areas of business presence. It is renowned for pioneering various initiatives and technological breakthroughs in Indian industry, and is one of the foremost participants in India’s industrial growth.
With its operations spread in almost every state of India, the group employs over 50,000 people and has a nationwide sales and distribution network. J.K. Organisation has a global presence with manufacturing activities and outsourcing arrangements in different parts of the world. It exports to over 80 countries across 6 continents.
J.K. Organisation has a century old rich cultural heritage and it is also acknowledged for its role as a responsible corporate citizen.