Metals & Minerals
India's JSW Cement to Raise Expansion Funds via IPO, an Industrial Info Market Brief
India's JSW Cement is under an extensive expansion drive with an investment of $281 million to reach 20 million tons per year of cement production by 2020 through both brownfield and greenfield expansions.
India's JSW Cement is under an extensive expansion drive with an investment of $281 million to reach 20 million tons per year of cement production by 2020 through both brownfield and greenfield expansions. The company will raise another $492 million through an initial public offering (IPO) to add another 10 million tons per year by 2025, with the addition of two 5 million-ton-per-year plants in Rajasthan and Chhattisgarh.
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