India: Dalmia Bharat subsidiary Dalmia Cement plans to increase its installed cement production capacity in Eastern India by a further 4.8Mt/yr. The Economic Times newspaper has reported that its remaining planned upgrades in the region consist of a 2.3Mt/yr capacity expansion at a grinding plant in Odisha and a 2.5Mt/yr capacity expansion at a grinding plant in Bihar. The Odisha upgrade is scheduled for commissioning in mid-2021 and the Bihar upgrade is scheduled for commissioning in 2023. When both completed, the new lines will increase the producer’s cement capacity to 40Mt/yr.
The company says that it plans to announce further capital expenditure (capex) investments. It said that its subsidiary Murli Industries requires US$47.7 - 54.5m-worth of capex spending. It acquired the company, based in the western Indian state of Maharashtra, in the 2021 financial year. Managing director Puneet Dalmia said that the company would wait for greater economic certainty before launching the next round of expenditure. He said that the company’s aim is to become a national producer.
