Tokyo Cement Co imports bagged cement to address shortage

Sri Lanka’s Tokyo Cement Co has begun distributing a shipment of bagged cement to fill a gap created in the market when importers stopped bag cement imports, according to the Daily FT.

As a result, bagged cement will now reach end consumers in all parts of the island at the lowest maximum retail price of INR1275/bag (US$6.3), which is expected to lessen the impact of the cement shortage in the country.