Sri Lanka Tokyo Cement in deal with Japanâ€™s Ube Industries
ECONOMYNEXT – Sri Lankan cement manufacturer Tokyo Cement Group said it has struck a deal with Japan’s Ube Industries Ltd. for technical support and import raw to make high quality cement.
A statement said the deal was signed on 1 August 2016.
“Tokyo Cement Group has entered into a collaborative agreement with Ube Industries Ltd. of Japan for technical support services and import part of their raw materials requirement from Japan to manufacture high quality cement,” it said.
The Ube Group has five main business segments – chemicals, pharmaceuticals, cement and construction materials, machinery, and energy and environment.
Its cement and construction materials business makes cement, ready-mix concrete, building materials, and does resource recycling.
(COLOMBO, August 08, 2016)