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2021-04-15T08:39:11Z

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{{Use dmy dates|date=August 2019}}
{{Use Indian English|date=August 2019}}
{{Infobox company
| name = Malabar Cements Ltd.
| logo = Malabar Cements Limited logo.jpg
| type = [[Public Sector]]
| founded = {{Start date and age|df=yes|1978|04|11}} in [[Walayar]]
| founder =
| location_city = [[Walayar]], [[Palakkad district]], [[Kerala]] - 678 624
| location_country = [[India]]
| key_people = {{Unbulleted list|T.K jose ([[Chairman]])|M.MOHAMED ALI([[Managing Director]])}}
| owner = [[Government of Kerala]]
| industry = Production and [[Sales]]
| products = Malabar Super, Malabar Aiswarya & Malabar Classic Cements
| market cap =
| revenue =
| operating_income =
| profit =
| assets=
| equity= 26crore
| num_employees =
| company_slogan =
| homepage = {{URL|www.malabarcements.com}}
}}
'''Malabar Cements Limited''' is an Indian cement company. It is among the largest [[Public sector undertakings in Kerala|public sector]] cement production [[Public sector undertakings in Kerala|undertakings]]. It is fully owned by the [[Government of Kerala]] and is the only major integrated cement plant in the State.<ref name=mcloffical>{{cite web|title=MCL - Government of kerala PSU|url=https://kerala.gov.in/malabar-cements-ltd.|website=Kerala.Gov.in|access-date=28 March 2018}}</ref> The total installed capacity of MCL is 6.2 lakh tons. This ISO 9001:2000<ref>{{cite web|url=http://malabarcements.com/en/userfiles/ISO%20Certificate(1).jpg|title=Cerifications and Achievements}}</ref> company is responsible for about 10% of total cement production in Kerala.

== History ==
In 1961-62, the Geological Survey of India located a limestone deposit in the Pandarethu valley of the [[Walayar]] region on the northern side of the [[Palakkad]] gap. Located in a dense forest, the hilly terrain required heavy investment. The state government was interested in building a cement factory. In 1975 a feasibility study was completed. In 1976 an industrial license for the manufacture of cement was obtained.
[[File:മലബാർ സിമന്റ് ഫാക്ടറി 01.JPG|thumb|300px|[[Palakkad]] Malabar Cement factory]]
The Company was incorporated on 11 April 1978 and commenced cement production at its Walayar plant in April 1984.<ref name=zaubacorp>{{cite web|title=Malabar Cements Ltd|url=https://www.zaubacorp.com/company/MALABAR-CEMENTS-LTD/U26941KL1978SGC002975|website=zaubacorp.com|access-date=28 March 2018}}</ref>

An expansion program added a 2.0 lakh ton clinker-grinding unit at [[Cherthala]] in [[Alappuzha district]] in August 2003.<ref>{{cite web|title=India: Malabar Cements to resume Cherthala operations|url=https://www.cemnet.com/News/story/156313/india-malabar-cements-to-resume-cherthala-operations.html|website=cemnet.com|access-date=28 March 2018}}</ref>

A 2.5MW multi-fuel power plant for Walayar was commissioned in June 1998.

Development of the Cherthala plant began in August 2003 as part of an expansion plan by the company that included commissioning a 600 tpd Grinding Unit.

== Plant ==
The total installed capacity of MCL is 8.6 lakh tons.{{Clarify|reason=6.2 or 8.6?|date=March 2019}}

===Walayar plant===
With a production capacity of 6.6 lakh tonnes of cement per annum, this unit is its largest one.<ref name=toinews>{{cite web|url=https://www.timesofindia.com/city/thiruvananthapuram/Malabar-Cements-to-set-up-bulk-cement-handling-unit-in-Kochi/articleshow/45638897.cms |title=Malabar Cements to set up bulk cement handling unit in Kochi |work=Times of India |date=25 December 2014 |access-date=31 March 2018}}</ref>

===Cherthala plant===
This plant includes a 600 tpd Grinding Unit. A two lakhs tonnes clinker grinding unit is there.<ref name=toinews />

== Corruption case==
ARK Woods and Metals Ltd., entered into a contract with MCL, for fly ash for a period of nine years. MCL chose to cancel the contract. As a result, MCL incurred a loss of 52.5 lakh.<ref name=Livelaw>{{cite news|url=http://www.livelaw.in/malabar-cements-corruption-case-delhi-hc-stays-proceedings-attachment-businessman-v-m-radhakrishnans-assets-read-order/ |title=Malabar Cements Corruption Case: Delhi HC Stays Further Proceedings In Attachment Of Businessman V.M. Radhakrishnan's Assets|date=22 October 2017 |access-date=24 October 2017 }}</ref> Company managing director K. Padmakumar and marketing manager G. Venugopal were arrested by the VACB on charges of corruption and malpractice.<ref name=TheHindu>{{cite news|url=https://www.thehindu.com/news/national/kerala/Malabar-Cements-legal-officer-arrested/article17117452.ece |title=Malabar Cements legal officer arrested|date=30 January 2017|newspaper=The Hindu|access-date=7 August 2019}}</ref>

In 2007, the Comptroller and Auditor General unearthed a scam of Rs 400 crore. Saseendran was the prime witness. Two years later, he wrote to the Chief Minister and Vigilance department head informing them about the corruption. Following intimidation he resigned and two days after a charge sheet was filed in the case, Saseendran was found dead. The accused in his death were then Industries Minister Elamaram Kareem and then Managing Director Sundara Moorthy and his secretary Sooryanarayanan, VM Radhakrishnan, a private contractor with MCL.<ref>{{Cite news|url=https://www.thenewsminute.com/article/how-death-whistle-blower-and-two-sons-2011-has-come-back-haunt-cpim|title=How the death of a whistle blower and two sons in 2011 has come back to haunt the CPI(M)|date=2015-05-19|work=The News Minute|access-date=2018-08-05}}</ref>

== References ==
{{reflist}}

== External links ==
* {{Official website|http://www.malabarcements.com}}

{{Public Sector Undertakings in Kerala}}

{{authority control}}

[[Category:Cement companies of India]]
[[Category:Indian companies established in 1978]]
[[Category:Companies based in Kerala]]
[[Category:1978 establishments in Kerala]]

Malabar Cements Limited - Revision history

imported>DoebLoggs at 08:39, 15 April 2021