CMAN signs agreement with KMC to build new world-class lime factory in Northern India

India’s economy is expected to grow between 6% – 8% annually over the next 20 years. Major industries, including iron and steel, construction, sugar, paper, and chemicals will grow rapidly, and lime demand will increase significantly, as it is a key raw material in many major industries. The first phase calls for the construction of a lime plant with 100,000 tons of annual quicklime capacity, and the long-term goal is to develop at least 500,000 tons of annual lime production capacity.

“CMAN is happy and looking forward to be KMC’s long-term partner to develop a leading lime business in India. The strategic move by CMAN, with its strong reputation, and commercial and technical experiences, and KMC, with its network of quarries and customers in the area, will create competitive advantages for KMC to achieve its goals.” Mr. Lowjun concluded.   

Mr Dhananjai Singh states…