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Prism Cement announces completion of capacity expansion of JV Sanskar Ceramic

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Capital Market

Capacity of Sanskar increases to 2.3 MSM of wall tiles and 4.2 MSM of vitrified tiles

Prism Cement announced that its step down joint venture, Sanskar Ceramic, has completed the expansion of 4.2 million m2 (MSM) per annum Vitrified Tiles capacity at its Dhuva plant, Morbi. The commercial production has commenced from 21 June 2017.

With this expansion, the Company would be able to reduce outsourcing of Vitrified Tiles from third party sources and become more self-reliant. The capacity of Sanskar now stands at 2.3 MSM of wall tiles and 4.2 MSM of Vitrified Tiles.

The overall capacity of H & R Johnson (India), a Division of Prism Cement, along-with its joint ventures and subsidiaries would stand at over 65 MSM per annum.

 

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First Published: Jun 21 2017 | 5:57 PM IST

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