India’s JK Lakshmi Cement has suspended production at its 2.7Mta Durg plant in Chhattisgarh, due to a strike called by the state’s Cement Transport Association.
Dispatches from the facility, which were substantially reduced from 19 September, have now been completely stopped, according to the company. However, industry-wide negotiations are being held with the state government and the company is hopeful of an amicable solution soon.
Malayan Cement FY26 net profit rises 34%
Malayan Cement Bhd reported a 34.3 per cent increase in net profit to MYR903.17m (US$214m) for...