JK Cement secures limestone reserve bid in Gujarat

JK Cement secures limestone reserve bid in Gujarat

JK Cement Ltd has successfully acquired the rights to 250 million ton of high-quality limestone reserves in Lakhpat Punrajpur, Kutch, Gujarat. The agreement, forged with Gujarat Mineral Development Corporation Ltd (GMDC), extends over the next four decades and marks a significant strategic move for the company in strengthening its presence and capabilities in the region.

This partnership secures a long-term supply of premium limestone, essential for the production of high-grade cement. It is expected to boost JK Cement’s operational efficiency while aligning with the company’s broader goals of sustainable development and regional economic contribution. The acquisition not only ensures a steady flow of raw materials but also reinforces JK Cement’s commitment to providing top-quality products for the construction sector.

With this new addition to its resource base, JK Cement is set to enhance its position in the western market, ensuring consistent access to essential materials for its production processes. The company has long been at the forefront of India’s infrastructure development, producing both Grey and White Cement since its establishment. JK Cement’s manufacturing capacity now stands at 24.2 million ton per annum (MTPA) for Grey Cement, with a significant footprint across 15 states in India, including Rajasthan, Uttar Pradesh, and Madhya Pradesh. Additionally, the company’s White Cement and Wall Putty capacity reaches 3.05 MTPA, supported by an international presence in 36 countries through subsidiaries in the UAE and Africa.

As part of its diversified portfolio, JK Cement has also expanded into new segments, including the introduction of JKMaxx Paints, a range of finishing products for walls, wood, and metal, in 2023. The company has made further strides by launching JK Profix, a waterproofing line, and has ventured into Ready-Mix Concrete with JK Super Concrete, initially focusing on the Delhi NCR market with plans for nationwide expansion.

This acquisition positions JK Cement for continued growth, enabling it to meet rising demands in the cement industry while contributing to the region’s economic and industrial development.

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