Wonder Cement

RK Group

Rajasthan-headquartered RK Group, which has interests in Marble and  Home Finance along with its cement business has invested about Rs.450 crore to set up a 2 MPTA clinker grinding unit in Dhule, Maharashtra. This also marks Wonder Cements' foray into the State.

Following the commencement of the Dhule facility, Wonder Cement’s production capacity will increase from the present 6.75 MPTA to 8.75 MPTA. The clinker required for the unit is to be supplied from their Nimbahera plant in Rajasthan. Gypsum, another key raw material used for manufacturing cement , would be procured from Gujarat and fly-ash froma nearby thermal power plant.

In addition to the plants in Nimbahera and Dhule, Wonder Cement is in the process of setting up its third clinker facility of about 2.5 MPTA in Nimbahera, Rajasthan which is expected to be commissioned by mid 2019 This will increase production capacity to 11 MTPA.

Under the expansion plans, the company will look at setting up two more clinker units, one in Madhya Pradesh; the location for the fifth one is yet to be finalised. The Rs.2,500 crore required for the cement capacity expansion would be sourced from via internal accruals and debt.