Better capacity use“With [the] pickup in demand, capacity utilisation in the south this year is expected to be much better compared with 70% in 2017-18. “Along with the volume, cement price is also expected to be better in the last quarter of this year,” he added. Capacity utilisation of ICL stood at 71% last year, which was better than the industry peers in the south. Mr. Srinivasan expected the second quarter also to be better despite the floods in Kerala and the transporters’ strike. It would explore avenues for augmenting capacity after attaining the expected full capacity utilisation, he added.

Source: The Hindu September 20, 2018 16:52 UTC