Star Cement plans to set up 2.0 MTPA Cement Grinding unit at Burunga in Cachar district of Assam.
Project cost is 640 Crores.
Star Cement Limited (Star Cement) was established in 2001 and is one of India's leading cement companies with operations in eastern India. The company is the largest cement manufacturer in the northeast Indian region and an emerging player in the states of West Bengal and Bihar.
The companys 200-hectare Lumshnong plant is strategically located in Meghalaya, ensuring easy availability of high-grade limestone at competitive prices. Star Cement and its subsidiaries have four manufacturing plants in Meghalaya and one each in Assam and West Bengal. The company’s extensive product portfolio includes ordinary Portland cement (OPC), Portland Pozzolana cement (PPC), Portland slag cement (PSC) and anti-rust cement (Arc).
The companys brand - "Star Cement' - is one of the most recognized brands in the region, known for its premium quality and fair prices. It has recently set up a 2 mtpa clinker grinding plant in Siliguri, WB, to meet the growing demand for cement in West Bengal and Bihar. The total current capacity of the company stands at 5.7 mtpa and Clinker's capacity stands at 2.7 mtpa.
In FY21, the company commenced commercial operation of a 2 mtpa clinker grinding unit in Siliguri to cater to the growing demand in West Bengal and Bihar. The unit ramped up well during the year and the capacity utilization stood at 55% during the year. It was raised to 73% in Q4FY23. Ramping up the production from the unit further remains one of the key objectives of the company's moving ahead.
The companys total clinker production on a consolidated basis in FY23 stood at 2.72 mtpaas against 2.17 mtpa in FY22.The capacity utilization of clinker units increased to 96% in FY23 from 86% during FY23 due to higher volume sold.
News by Rahul Yelligetti