Rural demand helps top 4 cement firms expand margins -- ET Intelligence Group: Improvement in cement demand from rural housing and road projects has enhanced operating margins of top four cement companies by capacity in the range of 4-9 per cent in the June quarter. In the second half of the fiscal, with construction activities picking up, cement demand is expected to grow 10 per cent.
ACC has started commercial production at its 2.79Mt/yr integrated cement plant at Jamul, Chhattisgarh. The subsidiary of LafargeHolcim also has two new cement grinding plants, one at Jamul and one at Sindri in Jharkhand. These are expected to be commissioned by the end of September 2016. The projects are planned to strengthen the cement producer’s consumer base in east India