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BINANI CEMENT LTD
Nov 12 2007
Binani Cement Limited has informed the Exchange vide notes to Unaudited Financial Results (Provisional) for the quarter and half year ended September 30, 2007 (taken on record by the Board of the directors of the Company at its Meeting held on October 23, 2007) that : "The Cement expansion project at Binanigram has commenced commercial production with effect from October 2, 2007 and has started selling clinker produced from the new kiln and is expected to achieve normal capacity utilization in October. 2007. The new cement grinding plant at Binanigram is expected to be operational in November 2007. The second grinding mill for the expansion project which is under installation at Neem Ka Thana located in North Rajasthan is scheduled to be completed in end-December 2007 and to start cement production in first quarter of 2008. Consequent to this the overall cement capacity of the company will increase from 2.25 Million Tonne per annum to 6.0 Million Tonne per annum in the fourth quarter of the current financial year."
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