Maha Cement plans Sri Lanka market entry

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India: Maha Cement has announced that it plans to enter the Sri Lanka cement market with its joint venture company, My Home Industries Limited (MHIL), which is part-owned by Ireland's CRH. MHIL has 8.40Mt/yr of cement production capacity and plans to increase its capacity to 10Mt/yr by 2015. It plans to set up a cement plant in the east coast of Tamil Nadu, India, for import to nearby Sri Lanka.

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URL: https://globalcement.com/news/item/2708-maha-cement-plans-sri-lanka-market-entry

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