Page 5 - JSW_CEMENT_E_Magazine_JAN

PARTH

JINDAL NILESH

NARWEKAR

Managing Director
JSW Cement Chief Executive Officer
JSW Cement

A year of some hurdles but even greater achievements has led us

to where we currently stand, and the future signals a positive Against a weak economic backdrop, market conditions remained challenging up to

finish as the financial year 2020 concludes. November, however, green shoots of growth seem to be returning in December.

Despite this, we have continued to progress on our strategic goals – with the
On the face of an economic downturn, our ability to not just commissioning of Jajpur, we reached a capacity base of 14 mtpa, making us the 9th

sustain, but grow stronger, marks the true spirit of JSW Cement. largest Indian cement producer. Ongoing expansion projects include the Fujairah

We rose, despite the tough market conditions, to become a top 10 clinker unit, the Salem GGBS grinding unit, as well as equipment upgradation /

cement producer in India. I congratulate every individual who debottlenecking at Dolvi, Vijayanagar and Salboni.

made this a reality. A special mention of efforts at each of our On the operations front, the business has continued to perform strongly, with sales

plants - Dolvi, Jajpur, Nandyal, Shiva, Salboni and Vijayanagar.
volume growth of 6% YoY up to December. To secure a strong finish to FY20, we have

Our celebrations across plants and initiatives for employee adopted the following target for Q4 FY20 – to sell 3.0 million tonnes and deliver EBITDA

connect signify the praise and accolades that the people of JSW of Rs 300 crores.

deserve, who drive the company forward and are the soul of this We have launched several initiatives in order to deliver this target. Sales and marketing

organisation. Excellence and proficiency in every branch, location, will be supported by a new TV commercial with two high profile brand ambassadors, to

along with responsible business practises at JSW Cement have be aired in this quarter and during the IPL. For plant operations we launched

been recognised nationally and beyond. Environmental awards #BetterEveryday where teams from E&I, Mechanical & Operations functions meet over

won this year are a testament of our culture of consciousness. VC to ensure that best practices are shared and any problems are collectively resolved.

Taking our objectives further, we wish to soon become a single Also, Project Drishti is focused on raw material cost reduction at plants. For logistics,

use plastic free organisation, and strongly move towards this commercial, marketing and finance functions, a KPI improvement program has already

goal. All our successes are valued more when seen from the lens identified cost reduction levers with annualized benefits of over Rs 55 crores.

of safety. We must all put safety first becuase when we are safe At JSW Cement, we believe in combining growth with environmentally sustainable

in our environment, we all grow and thrive. operations. We received Environmental Product Declaration for our PSC and GGBS in Q3.

Further we commenced at Nandyal (i) a study with CII aimed at becoming water
We are some distance away from our long term goals, and it only positive; (ii) a project with municipal authorities for collection of plastic packaging in

when we challenge our limits, that we break targets and achieve Kurnool district for use as alternative fuel.

greater objectives.
I urge each one of you to be Better Everyday and proactively contribute to delivering our

I wish JSW Cement and us all a very successful 2020 Q4 target.

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