JSW Cement enters construction chemicals biz, launches green products
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Last Updated: Jun 14, 2021, 01:00 PM IST
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Synopsis
JSW Cement Business Head - Construction Chemicals, Mubin Hussain said the construction chemicals and drymix industry sector is roughly Rs 12,000 crore with an expected compound annual growth rate of ten per cent over the next few years.
JSW Cement Ltd is part of the USD 12 billion JSW Group Indian conglomerate with interests in steel, energy, infrastructure, cement, ventures and paints. (company image)
JSW Cement said on Monday it has entered the construction chemical sector with the launch of a green product range in the category. The range comprises Enduro Plast readymix plaster, Krysta Leakproof integral crystalline waterproofing compound and Duraflor floorhardner, it said in a statement.
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Congratulations to the Tigress of India @MamataOfficial – it’s been a pleasure to have invested in Bengal during your tenure and I commit to doing more in Bengal through @TheJSWGroup – looking forward to growing our presence in Bengal under your leadership @JSWCement, tweeted Parth Jindal, managing director, JSW Cement. The endorsement and commitment came on the eve of Mamata Banerjee taking oath as West Bengal chief minister. Banerjee was sworn in on Wednesday. JSW Cement has a 2.4 million tonne cement plant at Salboni in West Medinipur district, which will increase to 3.6 million tonnes by August-end. By 2025, the company has a plan to take its total capacity to 25 million tonnes with a special focus on the eastern region including Odisha.