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Somani Cement Company Ltd.

BSE: 518071 Sector: Industrials
NSE: SOMANICEM ISIN Code: INE536F01014
BSE 05:30 | 01 Jan Somani Cement Company Ltd
NSE 05:30 | 01 Jan Somani Cement Company Ltd

Somani Cement Company Ltd. (SOMANICEM) - Company History

Somani Cement Company Ltd., promoted by G P Somani and K G Somani in 1983 is engaged in manufacture of ordinary portland cement. It operates a 200 tpd cement plant which employs vertical shaft kiln technology. It has a grinding facility to produce lime pozzalona cement and is also engaged in property development. The compnay taped the capital market in 1992. To expand the cement capacity the company planned to set up a 1000 tpd cement plant at Mahuva in Bhavnagar district of Gujarat at a cost of Rs.124 Crores. Subsequently in 1997 the company has changed its decision and decided to discontinue the project. But now the company is planning to go for the expansion and restart the work on Mahuva Project. The company is in the process of appointing a technical consultant for this Mahuva Project. Last time Associated Cement Companies was to provide technical consultancy services and the basic engineering. This plant is to use Lignite as a fule. The company has been referred by the BIFR.