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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 5 sources · 20 days · First seen · Last updated
Shree Cement corporate expansion and sustainability efforts
Overview
Shree Cement Limited has undertaken several strategic initiatives focused on sustainability and capacity expansion.
In September 2026, the company announced plans to deploy approximately 100 electric commercial vehicles to enhance its logistics ecosystem and support clean mobility. The company is also investigating the electrification of mining equipment, such as dozers and dumpers. This follows a reported increase in the company’s renewable energy usage, which reached 66% of its total energy mix.
By October 2026, the company expanded its international footprint by commissioning a new 3 MTPA cement grinding facility in Ras Al Khaimah, UAE, through its subsidiary, Union Cement Company. This AED 115 million investment increased the company’s production capacity in the UAE from 4 MTPA to 7 MTPA, bringing its total global capacity to 76.3 MTPA. The new facility incorporates advanced grinding technology and a Waste Heat Recovery system capable of generating 31.50 MW of green power.
Entities
Shree Cement Limited · Narendra Modi · H. M. Bangur · Genus · Australian Power Equipment
Timeline
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[BUSINESS] 3 sourcesShree Cement expands UAE capacity with AED 115 million investment
Shree Cement has invested AED 115 million to commission a 3 MTPA cement grinding facility in Ras Al Khaimah, UAE, increasing its regional capacity to 7 MTPA.
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[BUSINESS] 2 sourcesShree Cement targets electric vehicle deployment amid mining electrification trends
Shree Cement aims to deploy 100 electric commercial vehicles this year, while industry experts highlight the critical need for upgraded power infrastructure to support mine electrification.
Sources
australianmining.com.au · bizrapidx.com · businessnewsweek.in · realtynmore.com · smestreet.in