Tokyo Cement swiftly fulfils cement market shortage at lowest price

Thursday, 9 December 2021 00:00 - - {{hitsCtrl.values.hits}}

Tokyo Cement Company Group Marketing Manager Dashantha Udawatta (on the right) and Marketing Manager – Bulk Cement Jilani Mohideen with a consignment of cement bags ready for distribution

The Tokyo Cement Company has commenced speedy distribution of a shipment of bagged cement to reach consumers at the lowest price in the market.

The company stepped forward to immediately bring down a shipment of cement in bag form, to fill the vacuum created in the market when cement importers discontinued bag cement importation. With this move, Tokyo Cement ensures that a freshly imported bag of cement will reach end consumers in all parts of the island, at the lowest maximum retail price of Rs. 1,275, positively addressing the cement shortage.

In a statement last month Tokyo Cement Group announced several steps taken by the cement giant to fulfil the shortage in the market. Being the country’s largest manufacturer of cement, the company’s manufacturing plant in Trincomalee is operating at maximum capacity around the clock to ensure an uninterrupted supply island wide. Further, on a request made by the Government as a contingency measure, Tokyo Cement made special arrangements to import 12,000 MT of cement, in addition to the 30,000 MT of cement being imported per month through the Tokyo Cement Colombo Terminal.

Reinstating the company’s readiness to cater to the growth in demand of the local construction industry, Tokyo Cement Group recently laid foundations for a factory expansion project that is projected to increase its manufacturing capacity by another one million MTs by early 2023.

“Through these concerted efforts that focus on enhancing local value creation, Tokyo Cement continues to fulfil its national duty by ensuring an uninterrupted supply of cement to meet the requirements of customers across the island, and firmly establish the company’s position as the leading partner in nation-building,” it added in a media release.