Displaying items by tag: Asian Paints

UAE: Asian Paints has announced that its subsidiary, Asian White Inc. FZE, has begun commercial production at its new white cement manufacturing facility in Fujairah. The plant, has an initial capacity of 265,000t/yr, and marks Asian Paints’ entry into the white cement market as part of its broader diversification and international growth strategy. It previously announced its proposed entry into the white cement market back in 2022.

UAE: Asian Paints has partnered with Riddhi Siddhi Crusher & Land Transport and Associated Soap Stone Distributing Company in a 60:40 joint venture for the purpose of white cement and white cement clinker production. The joint venture will invest US$66.5m in the construction of a planned 265,000t/yr integrated cement plant in the Emirate of Fujairah. The project will take until October 2024 to complete. In addition, the new company plans to establish grinding units in India to serve the export market.

Riddhi Siddhi Crusher & Land Transport and Associated Soap Stone Distributing Company operates limestone mines in Fujairah.