Shree Cement launches Bangur Concrete
With the opening of its first Greenfield Ready Mix Concrete (RMC) plant in Hyderabad, Shree Cement Limited declared the debut of Bangur Concrete.
The factory, with 90 cubic metres per hour, was officially opened by the chairman of Shree Cement, Shri HM Bangur. The modern unit’s commissioning is in line with the company’s goal of becoming a multi-product operator in the core cement industry. Earlier this month, Shree Cements paid Rs 33.5 crore to acquire five of StarCrete LLP’s operational factories in Mumbai as part of this strategy. The total RMC capacity of the company is currently 512 cubic metres per hour.
Speaking on the occasion, Neeraj Akhoury, Managing Director of Shree Cement Ltd, says, “This venture into Ready Mix Concrete marks our entry into a promising new line of business. We recognise the vast potential of RMC business, which is being driven by India’s growth momentum, the concerted efforts of both the central and state governments to advance infrastructure projects and an uptick in the housing sector. We’re committed to aggressively expanding our presence in this market by building new units as well as acquiring plants.”
He added, “Driven by our core philosophy of ‘Build Smart’, Shree Cement is firmly on track to become a modern and green building material company. To maintain our industry-leading performance benchmarks, we are ramping up our capacity utilisation, enhancing our brand equity, raising cost efficiency, and further stepping up our R&D efforts. This strategic approach ensures we continue to set new standards of excellence in the industry.”
Bangur Concrete maintains Shree Cement’s dedication to engineering prowess, innovation, and quality. Specialty concrete product solutions use advanced technology and automated processes to meet the needs of various applications and structures. The product line comprises temperature-controlled concrete for large-scale concreting needs, self-compacting concrete for usage in substantially reinforced structures, stamped concrete for walkways and ornamental paths, and high-performance concrete for exceptional durability. Shree Cement is dedicated to providing clients with high-quality guaranteed concrete, guaranteeing prompt delivery and total satisfaction.
For more info visit: https://www.shreecement.com/
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