Shree Cement Ltd commissioned a 3 MTPA cement grinding facility in Ras Al Khaimah on Tuesday. The company spent AED 115 million on this project, which pushed its total UAE capacity to 7 MTPA. Chairman H M Bangur said, "The commissioning is an important milestone in Shree Cement's global growth journey."
Synopsis
Shree Cement Ltd has successfully commissioned a 3 million tonnes per annum cement grinding facility in Ras Al Khaimah. This investment of AED 115 million increases the company's cement capacity in the UAE from 4 MTPA to 7 MTPA. The newly added facility features a Vertical Roller Mill and advanced material handling systems. Shree Cement's overall production capacity has now reached 76.3 MTPA.
New Delhi: Shree Cement Ltd on Tuesday said it has commissioned a 3 million tonnes per annum (MTPA) cement grinding facility for its UAE subsidiary, Union Cement Company, in Ras Al Khaimah, with an investment of AED 115 million (around Rs 300 crore).
With the addition, the company's cement manufacturing capacity in the UAE has risen from 4 MTPA to 7 MTPA, and its overall capacity has reached 76.3 MTPA, Shree Cement said in a statement.
The facility is equipped with a Vertical Roller Mill (VRM) with an integrated grinding and separation system, modern material handling infrastructure and advanced dust collection systems, the company said.
The technology is designed to improve grinding efficiency, enhance operational reliability and support energy-efficient cement production, it added.
"The commissioning of 3 MTPA facilities is an important milestone in Shree Cement's global growth journey and strengthens our presence in the UAE," Chairman H M Bangur said.
Live Events
The facility was inaugurated by Bangur, while Managing Director Neeraj Akhoury felicitated the project teams for their contribution to the commissioning, the company said.
On its sustainability efforts, Shree Cement said it has an installed green power capacity of 634.5 MW, and renewable energy accounted for 66 per cent of its total energy mix in the first quarter of FY27.
Shree Cement is the third-largest cement producer in India by capacity after UltraTech Cement and the Adani-owned Ambuja-ACC combine.
(You can now subscribe to our Economic Times WhatsApp channel)
(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)
Subscribe to The Economic Times Prime and read the ET ePaper online.
...moreless
(You can now subscribe to our Economic Times WhatsApp channel)
(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)
Subscribe to The Economic Times Prime and read the ET ePaper online.