Bhubaneswar:Emami Double Bull Cement, manufactured by Emami Cement Ltd.(ECL) targets to take up its market share to 10% in all the regions of its operations by March 2019. By that time, the company expects to take up its production capacity to 6 million tones per annum(MTPA) .
Presently, ECL is producing 60% of the current total cement capacity of 4 MTPA through the mother clinker plant in Chhattisgarh and the grinding unit at Panagarh, West Bengal. By March this year, these two units target to achieve the operational production capacity of 3.2 MTPA. Around the same time, the company would also be ready with its new grinding unit of another 2 MTPA in Jajpur in Odisha.
Total investment incurred by the company for all the three units is Rs 4,000 cr.
ECL CEO Vivek Chawla said ,“Currently, the entire sales in our presently existing markets of Chattisgarh, West Bengal, Jharkhand, Bihar, Odisha, Eastern Madhya Pradesh and Vidarbha regions is close to around 1.5-2 lakh tons per month. We have specific ramp up plans targeting to scale this up to 3.2 million tons in the current financial year. As a part of our expansion plan, we have recently acquired two limestone mines in Rajasthan and Andhra Pradesh.”
