Untitled Document
Excon, Excon 2011 Biggest Construction Equipment Trade fair India.
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www.epcworld.in
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Cement |
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| 8/14/2009 11:26:00 AM |
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Mumbai, August (EPC News): The weak monsoon has come as an enhancement for cement
companies with most of them registering a rise in July dispatches, compared to the
same month last year. |
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However, on a sequential basis, companies like UltraTech Cement, Grasim Industries and Ambuja Cement, witnessed a fall.
UltraTech and Grasim dispatches were down 12%, while production slipped 10%. Ambuja Cement sales and output was down 9% and 10% respectively.
ACC saw 4% rise in dispatches at 1.78 million tonnes (mt) in July. Jaiprakash Associates, a prominent player in the north, recorded a 42% rise in dispatches at 7.73 lakh tonnes. Shree Cement sales rose a percentage point more (43%) to 8.30 lakh tonnes, while JK Lakshmi Cement’s dispatches were up 6% at 3.20 lakh tonnes.
The northern and central region continued to remain the demand driver compared to other parts of the country.
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