Aluminium major National Aluminium (Nalco) has decided to diversify into cement manufacturing and is looking for global joint venture partners to float a medium to large sized cement plant. Nalco’s proposed cement venture is part of its decision to use fly ash generated at its captive power plant at Angul in Orissa and convert it into sale-able products.
Nalco is primarily looking at the possibility of manufacturing Pozzo-lana Portland Cement (PPC). A byproduct of coal-fired power plants, fly ash can replace a proportion of the clinker used in cement plants. However, the company is also open to any other form of utilisation of fly ash in the JV.
The company is also seeking JV partners for classification and marketing of cementitious applications in the domestic and export markets. Cementitious products have cement-like, cementing, or bonding type properties. As the largest state owned producer of aluminium, Bhubaneswar-based Nalco operates alumina-aluminium complex along with a captive power plant, and has embarked on a major expansion programme to raise metal capacity.
Read more in The Economic Times article.
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