Mangalam Cement is a subsidiary of the B.K. Birla Group of industries and was established in 1978 mainly due to the efforts of Kesoram Industries and Cotton Mills Ltd.
Mangalam Cement is engaged in the production of Portland cement and Pozzolana Portland cement by the use of dry processes at the Morak facility in Rajasthan.
Mangalam Cement: facts and figures
In the year 1987, Mangalam Cement struggled against the odds brought about by the shortage of electric supply and the fall in the number of wagons which were used for the transfer of cement. Mangalam Cement fought back by purchasing generators which ran on diesel and considered plans to increase the number of instruments as well as manufacturing plants to improve the quantity of production from 400,000-600,000 tons a year. In 1989, the company was badly affected by temporary closure of the manufacturing unit which reduced the quantity of produce to 371,658 tons. The company took the decision to import a generator from Japan with 5.4 megawatt, in the same year. The temporary closure provided the impetus to set up a grass-root production facility which would be able to boost the company's production by a huge margin.
Setbacks in Mangalam Cement:
In 1996, a major power failure led to the stoppage of production in the Mangalam Cement kiln for the entire month of December and the company decided to set up a pre-calcinator that year. The company was reduced to the status of a sick company in 2000 and its net worth declined, but in 2004 Mangalam Cement was facilitated by the one-time settlement struck between Mangalam Cement and its financiers and it was relieved of a sum of Rs.119 crore.
New developments in Mangalam Cement:
Mangalam Cement was recognized with ISO-9002 Certification in 1996-97 for the excellent quality of its products. The company is engaged in the development, distribution and manufacture of cements. In order to cut down on the electric consumption, the company has set up a thermal power plant with a capacity of 17.5 mega watt, and it is also equipped with DG sets with a capacity of 11.7 mega watt to provide support during emergency. In the recent past, 55,106 shares of Mangalam Cement were taken over by Citigroup Global Mkts Pvt. Ltd. There are also plans to increase the quantity of the production of cement through the investment of Rs.700 million and establish a power plant with 17.5 megawatt capacity at an additional investment of Rs. 700 million.
New Project after Mangalam Cement:
In 1992, B.K. Birla Group considered plans to set up a new manufacturing unit after Mangalam Cement and decided to name it as Neer Shree Cement, and this plant was supposed to incorporate all the latest technologies available in Germany. The project required a capital investment of Rs.153 crore and the plant ultimately began its production in the year 1994 and was recognized with ISO-9002 Certification in 1996-97.