DCM Shriram has successfully completed the expansion of its Loni Sugar unit in Uttar Pradesh, boosting its cane crushing capacity significantly.
The plant’s capacity has been increased from 7,300 TCD to 9,400 TCD. This expansion is in line with the company’s strategy to enhance its production capabilities.
In a filing to the exchange, the company stated, “In furtherance of our earlier letter dated 30.10.2023 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the SEBI Listing Regulations), it is hereby informed that 2100 TCD expansion of sugar plant at Loni unit, Uttar Pradesh, by increasing cane crushing capacity from 7300 TCD to 9400 TCD, has been achieved at 12:00 midnight on November 19th 2024. This expansion will growth-capture cane potential within catchment area of the Company.”
DCM Shriram is a diversified business entity which spans across multiple sectors including the Agri-Rural Business – Urea, Sugar, Ethanol, Farm Solution Business covering entire range of inputs, R&D based Hybrid Seeds, Chlor-Vinyl Business – Caustic Soda, Chlorine, Aluminum Chloride, Calcium Carbide, PVC Resins, PVC Compounds, Power and Cement. It has value-added business- Fenesta Building Systems makes UPVC and Aluminium.