BRAJ BINANI GROUP- PROFILE:

Braj Binani Group is a multi-dimensional business conglomerate, with a global assets of US$ 2 billion, net income of US $1billion and a 2,500+ strong workforce around the world.

Braj Binani Group traces its beginnings to 1872, when Seth Pragdas Binani, a trader in metal utensils, began an enterprise with his son Seth Mathuradas to import and export metals. The Group took a strategic decision to graduate from non ferrous metals trading to manufacturing in 1941.

Following the restructuring of the Braj Binani Group, between 1996 and 2004, Binani Industries Limited (BIL) was established to serve as the holding company for Binani Cement Limited, Binani Zinc Limited, Goa Glass Fibre Limited and BT Composites Limited.

Braj Binani Group has interests across sectors like cement, glass fibre, zinc, composites, project management services, power and construction in regions as diverse as India, South East Asia, China, Europe, Africa and Middle East.

BRAJ BINANI GROUP IN CHINA- BINANI CEMENT LTD.

In 2007, identifying China as a pivotal market, Binani Cement formed a 70:30 joint venture Shandong Binani Rongan Cement Co. Ltd. (SBRCCL) with M/s. Rizhao Rongan Construction Materials Co. Ltd., a two-year old operational 1100 TPD Clinker manufacturing unit.

The plant is strategically located in Shandong Province within close proximity tothe two operating port, Rizhao and Lanshan and the upcoming port of Dongjiakou in Shandong Province. In 2008, the Clinker Plant was upgraded from 1100 to 1600 TPD with addition of a 0.3mtpa Cement Grinding Unit. Currently, the clinkerisation from old plant is running at 140% capacity with the help of technological enhancements producing 0.5mtpa.

SBRCC completed its brownfield expansion of 2nd clinkerisation plant bringing the total capacity to 2 mtpa from a single location with 0.3 mtpa of cement grinding. The 2nd state of the art clinkerisation plant with 12MW waste heat recovery, attached to the new line was commissioned in Dec 2011. The clinker plant has started producing and selling clinker to grinding units in the area.

SBRCCL has commissioned its 12 MW waste heat recovery system in April 2012. The unit will produce shall produce 65million Kwh/per annum. This will help the company save massively on its power bill, as well as achieve international norms of emission.

SBRCCL,China has many accolades to its credit. It has received awards like Best Enterprise of Provincial Cement Quality, Excellent Enterprise of Cement Quality and Excellent Credit Industrial Enterprise from various organizations.

Speech by Mr. Rahul Chhabra, Charge d’Affaires, Embassy of India, Beijing

Mr. Rahul Chhabra, Charge d’Affaires, Embassy of India, Beijing represented the Embassy at the inauguration ceremony of 2nd Clinkerisation Plant of Shandong Binani Rongan Cement Co. Ltd., Rizhao, Shandong Province on April 17, 2012. In his speech, Mr. Chhabra congratulated the joint-venture partners Binani Group and Rongan Group on crossing yet another milestone by successfully commencing commercial production at the new Clinkerisation Plant. Charge d’Affaires commented that the Plant had been designed using the best technologies available and conforming to the most advanced international emission standards; the Plant has the lowest energy consumption for production of clinker and is one of the few plants of its kind in China. Charge d’Affaires complemented Binani Group on its commitment towards optimum utilization of resources and preserving the local environment while striving for the most sophisticated technologies.

Charge d’Affaires further mentioned that the success of the joint venture between the two companies not only demonstrated the synergies and complementarities that existed in the capabilities of the companies of India and China, but was also reflective of the growing dynamism in the economic engagement between the two nations and the transformational impact that the investment cooperation between the two countries would herald in. Charge d’Affaires commented that India-China trade has grown more than 20 times in the last 10 years and touched US$ 74 billion in 2011. He emphasized the need to enhance mutual investments between the two countries to justify the size and the growing role of the two economies in today’s globalized world.

Charge d’Affaires observed that India and China have recorded high growth rates despite the adverse impact of global economic recession and that there is unprecedented engagement between India and China on many fronts, whether it be in trade and commerce, investments, high level interactions, people to people and cultural exchanges. He commented that the current level of engagement between the two countries is only a fraction of what can be done together by the two countries.

(Full text of the speech available on Indian Embassy website at www.eoibeijing.gov.in  )