J.K. Cement is an affiliate of the J.K. Organization, which was founded by Lala Kamlapat Singhania. The J.K. Organization is an association of industrial and commercial companies and has operations in a broad number of industries.Their cement operations commenced commercial production in May 1975 at our first plant at Nimbahera in the state of Rajasthan. At Nimbahera, they started with a single kiln with a production capacity of 0.3 million tons. They added a second kiln in 1979 with production capacity of 0.42 million tons, and a third kiln in 1982 with a production capacity of 0.42 million tons. They added a precalciner with a capacity of 0.4 million tons in 1988, which increased our capacity at Nimbahera to 1.54 million tons. During the years 1998 through 2003, They continued to implement modifications to each of our kilns, which increased our aggregate capacity at Nimbahera to 2.8 million tons as of September 30, 2005.They commissioned a second grey cement plant at our Mangrol plant in 2001, with a production capacity of 0.75 million tons. As of September 30, 2005, they had an aggregate production capacity of 3.55 million tons per annum of grey cement. Their white cement plant was completed in 1984 with a capacity of 50,000 tons. Their continuing modifications to the plant have increased its production capacity to 300,000 tons as of September 30, 2005.Today, J. K. Cement Ltd. is one of the largest cement manufacturers in Northern India. They are also the second largest white cement manufacturer in India by production capacity. While the grey cement is primarily sold in the northern India market, the white cement enjoys demand in the export market including countries like South Africa, Nigeria, Singapore, Bahrain, Bangladesh, Sri Lanka, Kenya, Tanzania, UAE and Nepal.Their access to high quality limestone reserves that are suitable for production of white cement provides us with a competitive advantage. Based on geological surveys conduct
ed by independent agencies on their mines between 1996 and 2001, their limestone reserves for both grey and white cement are expected to meet their existing and planned limestone requirements of 4.0 MnTPA of grey cement and 0.4 MnTPA of white cement, for approximately 40 years.Backed by state-of-the-art technology and highly skilled manpower against the backdrop of India?s infrastructural growth in an overdrive, they are upbeat about the future. They are confident of contributing heavily in India?s journey of development. They see a world of concrete ideas on the horizon.