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Star Cement (formerly known as Cement Manufacturing Company) is a cement manufacturing company in India and the largest cement manufacturer in Northeast India.[1][2]
| Formerly | Cement Manufacturing Company |
|---|---|
| Company type | Public |
| Industry | Building materials |
| Founded | 2 November 2001 |
| Founder | Sajjan Bhajanka |
| Headquarters | Northeast India, India |
| Products | Cement |
| Website | starcement |
It was founded by Sajjan Bhajanka and Sanjay Agarwal[3] on 2 November 2001 under the name "Cement Manufacturing Company Limited". The company is engaged in the sale and manufacturing of cement. Star Cement's manufacturing plants are located in Khliehriat and Guwahati.[4] The company has occupied more than 500 to 1,000 hectares of land in Jaintia Hills district.[5] It obtains coal from the local market for fuel at a price of 8,000 rupees per tonne.[6] On 14 December 2020, a blast occurred at 8:40 p.m., in which two people were injured.[7] In January 2021, it expanded its business to East India[8] by opening a new plant in West Bengal worth 4.5 billion.[9] In August 2021, the company approves a share buyback proposal. In June 2022, the company invested 17–18 billion rupees in doubling the capacity of clinker and adding a capacity of 4 million tonnes to grinding[10] and donated 10 million to Assam CM’s Relief Fund.[11][12]
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