Indian cement manufacturing companies are expected to put up a robust performance this quarter owing to higher dispatches and lower raw material costs. The Economic Times of India reports that cement demand was higher this quarter on account of the monsoon being slightly weaker than normal. In addition, lower coal prices may lead to improved realisations. As a result, ACC Ambuja Cements and Grasim Industries are expected to double net profits from year-ago levels following double-digit sales growth.

MPI successfully commissions NAS Cement Line 2 with Fives Pillard
Multipower International (MPI) has successfully commissioned Line 2 at the Najmat Al Samawa (NAS...