Representational Image: ANI
Mattancherry: The project of Malabar Cements to construct an own plant at Kochi port is yet to take off. Malabar Cements had taken 6.8 acre land at Ernakulam wharf on lease to build a plant for facilitating the sales of cement at a controlled price. The procedures for the proposal were initiated six years back, when the large-scale cement manufacturers established automated handling and bagging units based on Kochi port.
Currently, the plants of Ambuja, Ultra Tec, Zuari and Penna cements are operating in Kochi port. These companies are regulating the cement price in the market. Malabar Cements aimed to compete with the companies and bring the cost of cement under control.
Over 10 lakh tonnes of cement have been estimated to be reaching the market annually via the plants functioning in the Kochi port. These units are engaged in packing the imported cement and dispatching it to the market. The imported cement undergoes mechanical packaging after being directly pumped from the ships to the plants. This method considerably reduces the cost of production. Though the Malabar Cements also aimed to achieve this, no efforts proceeded to realising the project.
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