The Group today has a multi faceted commodity business. This is a reflection of its Chairman, Mr. P.K. Gupta's vision and success from inception to the present day, a period spanning some 50 years.
He guides the Company's continued growth over all the five continents, with operations that have now expanded to an industrial base covering
Shipping, Industrial, Mining, Energy and Commodities.
Under the purview of the Chairman, a team has been assembled to continue this growth and prosperity. It draws on longstanding relationships within the group and expertise in the respective industrial areas.
SIMEC is poised for the next phase of its growth complementing its long standing commodities business with acquisitions and development of Assets in each of the other 4 divisions. After the recent acquisition of SIMEC Uskmouth Power Ltd (www.simecuskmouthpower.com) the group is focusing its efforts to complete the acquisition of ABG Cement Ltd.(www.abgcement.com)
SIMEC GROUP BOARD
Mr JAIN, a Career banker with experience of more than 4 decades. He has a rich experience with International...
Anurudha has considerable experience in the fields of commodities, shipping and renewable energy gained in the past ...
Mr JAIN, a Career banker with experience of more than 4 decades. He has a rich experience with International and domestic markets. Mr Jain’s last posting was as an executive director of UNION BANK OF INDIA. Union Bank is one of TOP 5 international banks in India.
Mr Jain has also remained as Member on Board of Union KBC Asset Management Company, invitee to the Education and Training Committee of the Indian Institute of Banking & Finance and a member of the High Level Group on the RBI Report on Information Security, Electronic Banking, Technology, Risk Management and Cyber Frauds.
Mr.P. K. GUPTA, (M. Com.) has successfully established several business entities and ventures during the past 5 decades which are now owned and operated by his sons. These have been in countries throughout Africa and Asia where the family business now spans distribution and manufacture of both industrial and consumer products employing over 5,000 people worldwide.
Anurudha has considerable experience in the fields of commodities, shipping and renewable energy gained in the past 25 years over a number of industries.
As a founder member of Sindicatum Carbon Capital, he was responsible for commercial operations in China leading to the creation of the world’s first successful and only NZEM (Near Zero Emission Mining) Coal Project, capturing methane and generating renewable power whilst abating Greenhouse Gases under the Kyoto Protocol.
EXECUTIVE MANAGEMENT OF SUBSIDIARY COMPANIES
JAMES has established a formidable record of moving businesses forward, and creating strong enterprise and...
RAJEEV is qualified Cost Accountant from India. He worked with Dhamm Steel and Steel Mart India Pvt Ltd...
SANJAY is an engineer with Post Graduate Diploma in Management (PGDM) from IIM Ahmedabad of 1990 batch...
JAMES has established a formidable record of moving businesses forward, and creating strong enterprise and shareholder value-in the power, renewable energy, natural resources, infrastructure, and environmental sustainability development sectors. Over his career he has:
Generated more than $160M in shareholder value by leading the identification and development of traditional (coal and gas) and alternative (biomass, gasification and clean hydrocarbon) energy capital resources and assets
Turned around a nearly bankrupt engineering company in the global cement industry, into a thriving market leader—restoring 150-year-old brand, and enhancing shareholder value with attractive valuation and strong earnings per share growth.
RAJEEV is qualified Cost Accountant from India. He worked with Dhamm Steel and Steel Mart India Pvt Ltd (ArcelorMittal Group) for about 9 years and has an overall work experience of over 20 years.
He brings a wealth of experience from the Steel and Manufacturing businesses.
Sanjay is an engineer with Post Graduate Diploma in Management (PGDM) from IIM Ahmedabad of 1990 batch.
His 23 years rich experience in National Steel Agro Industries Ltd. in India and Comcraft group in East Africa, has given him tremendous insight into the industry.
He is responsible for trading, partnerships / joint venture development and trade finance in India
URMILA is a senior Chartered Accountant with law background and 25 years experience in trade industry...
RAJPREET, B. Engg (Mech.) from BIT Mesra, PG in International business from the Indian Institute of Foreign Trade...
URMILA ‐ Is a senior Chartered Accountant with law background and 25 years of experience in trade industry
Urmila has immense exposure to the field of finance, treasury, accounting, legal and tax compliances and has been instrumental in expansion of operations of Noble Group and Louis Dreyfus Commodities in India and abroad.
RAJPREET, B. Engg (Mech.) from BIT Mesra, PG in International business from the Indian Institute of Foreign Trade ( IIFT, New Delhi ).
He has worked for 18 years with Tata Steel / International in various positions as Country / Regional Head based out of Istanbul and Kathmandu and as Chief of Trading & Exports ( Long Products ) and Country Head for Novo Group Ltd in India. His strengths are trading and M&A.
SIMEC Shipping is being consolidated with...READ MORE
The Group is seeking to expand operations in ...READ MORE
Coal mining is focused to integrate and support the...READ MORE
Power generation is a necessary integration...READ MORE
With its diversified product and geographical reach...READ MORE
SIMEC Shipping is being consolidated with the Group's traditional vessel operations of chartering, operation and ownership. Its operations are soon to include port management, floating platforms and a fleet of river sea vessels.
The company is currently concluding an acquisition of MIR Steel's dedicated port and berth on the River USK estuary in Newport Wales with an intention to develop this port as a hub in Newport for Groups activity and beyond.
With several million tons of cargo shipped and handled between all the five continents an independent logistics vertical is a logical and profitable addition to SIMEC activities
After success completion of plans in Newport SIMEC Shipping will look to implement this model in other locations of the Group.
The Group is seeking to expand operations in manufacturing that are complimentary to its trading activities with several acquisitions in progress across the geographies in which the Group operates.
The Group is poised to complete purchase of a controlling stake in ABG CEMENT LTD (http://www.abgcement.com/) in Gujarat India, with a state of the art 6 million mt integrated cement plant having captive mines, own port, power plant and its own desalination unit. Further ancillary cement grinding and bagging plants of 1 million mt each are under implementation in Bahrain and Sri Lanka fed by clinker from ABG.
Coal mining is focused to integrate and support the Group's coal trading and power generation. Mines in Australia, India and UK are under assessment for evaluation.
Power generation is a necessary integration, especially in industrial areas that are highly sensitive to power prices. Many of the Group's markets are growing faster than their availability of power and hence the focus on power generation. In Europe there is a growing focus on green energy technologies.
SIMEC has acquired SIMEC Uskmouth Power Ltd (www.simecuskmouthpower.com) a 393MW Coal Fired Power generation plant in the South Wales, UK.
The focus is to convert this to a biomass fed plant whilst developing the site to include other renewable generation technologies such as biomass pelletizing and distribution, solar, wind, waste to energy, and tidal amongst others.
The commodity divisions covers the trading of various Industrial Commodities with a focus of developing trade around the assets owned by the Group and areas where the Group wants to develop further.
These include Grains such as Wheat, Barley and Maize, Sugar and Rice.These Softs shall be sold from local market...READ MORE
Crude Oil and refined products are trades globally within the Group’s network.
Power is traded in the UK market.
Thermal coal traded internationally for generation of power and cement manufacturing units.
Coking coal is used for steel manufacturing.
For Power generation and heat market.
NON FERROUS BASE METALS
LME grade Nickel, copper, Zinc, Lead in various forms are traded from approved warehouses globally.
Chrome Ore and Nickel ore traded for stainless steel production
Iron Ore trading for steel production.
Slabs, Billets and Blooms ,Wire rods, rebars, structural steel.
Flat products include plates, hot rolled coils, sheet, strips, cold rolled products.
These include Grains such as Wheat, Barley and Maize, Sugar and Rice.
These Softs shall be sold from local market warehouses under CMAs thus enabling prompt service to any market in a given geographic sector.
Furthermore, this permits smaller quantities which cannot be ideally shipped to be sold.