UltraTech completes acquisition of Jaypee’s Gujarat Units
UltraTech completes acquisition of JP’s Gujarat Units
The integrated plant at Sewagram and the grinding unit at Wanakbori in Gujarat officially became the 12th integrated unit and 12th grinding unit respectively of UltraTech Cement on the 12th of June, post acquisition from Jaypee Cement. UltraTech’s capacity now moves up to 62 million tonnes, with the addition of 4.8 million tonnes capacity at Sewagram and Wanakbori.
The plant at Sewagram is modern with the latest technology and will give UltraTech a stronger base in the fast growing Gujarat market, increasing availability and service levels in the state.
A captive power plant of 57 MW, a jetty for clinker and coal movement, a desalination plant and a cement bag manufacturing unit are some of the other highlights of the facilities at Sewagram.
UltraTech now ranks no. 5 in the global list of players, excluding China. It is the largest producer of grey cement, white cement and ready mix concrete in India. By FY 16, with the commissioning of the new projects on the anvil, the capacity will move up to 70 million tonnes.