Heidelberg Cement increases prices by Rs 15-20 per bag in Feb 2014: Report

Heidelberg Cement has reportedly raised prices by Rs 15-20 per bag on a month-on-month (MoM) basis in February 2014 on the back of improving demand. The company is seeing demand traction in Uttar Pradesh (U.P) and Madhya Pradesh (M.P), while demand in Bihar is subdued.

Heidelberg Cement India is one of the leading producers of building materials worldwide. The company manufactures portland slag cement and portland pozzolana cement. The company has manufacturing facilities located at Ammasandra (Karnataka), Damoh (MP) and Jhansi (UP) and has total production capacity of 5.9 million tonnes per annum.