Asia & Pacific Rim - 10 August 2015

Grasim has reported improved performance for the second quarter of 2015 amidst challenging market conditions.

Domestic sales of cement grew to 1.8 million t in July, but exports continued to disappoint.

Mangalam Cement joins the other Indian cement companies to announce a disappointing June quarter.

The Cement Manufacturers Association of India has signed a wage agreement for 20 companies representing about two thirds of the country’s cement capacity.