ACC assures stability of cement prices

Published on Fri, May 09, 2008 at 12:22 |  Source : Moneycontrol.com

Updated at Fri, May 09, 2008 at 12:40  

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Responding to concerns expressed by the Government, ACC , as a leading cement producer in the country, has decided to hold its cement prices over the coming 2-3 months.

 

While ACC has been taking all steps necessary to ensure that production is maintained at peak levels at all its plants and will continue to improve further operational efficiencies, this price freeze will erode the Company's margins. During this period, ACC will engage in an open dialogue with the Government to explore viable solutions to combat inflationary trends that have disproportionately increased its input costs.   

 

Sourced From: ACC

  

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