Cement sales rise on construction boom, India

Cement sales rise on construction boom, India
06 July 2005

Cement sales rose strongly in June as firms stepped up construction activity across the country spurred by strong growth in Asia’s fourth-largest economy. 
Sales rose 9.8% to 2.3Mt in June 2005 for the cement companies in the Aditya Birla Group over the year-ago period, while production climbed 13.5% to 2.3Mt.
ACC said that its June shipments rose 10.5% over the year to 1.5Mt. The Mumbai-based company said production totaled 1.44Mt, up 9.9% YoY. 
Gujarat Ambuja reported a 10% rise in cement sales for June 2005 to 1.1Mt while production rose by 10% to 1.1Mt over the year ago period. 
For the quarter ended June 30, 2005, the Aditya Birla Group reported a 11.2% rise in sales to 7.2Mt while production rose 12% to 7.6Mt. Published under Cement News