India: ECO Cement to produce for Prism Cement

Cogencis EquityWire reports that ECO Cement (ECL) and Prism Cement have reached an agreement whereby the former will manufacture and supply cement to the latter.

"The arrangement with ECL is expected to help the company optimise its logistic costs as well as improve local availability in its strategic markets of Bihar," Prism Cement said.

ECL operates a cement-grinding plant with a capacity of 0.6Mta in Bihar's Bhabhua district.