RCF forays into cement distribution

摘要

Over 6,000 dealers of public sector undertaking Rashtriya Chemicals and Fertilisers are likely to double up as cement stockists soon.rnThe company is aggressively negotiating with seven cement manufacturers to enhance the portfolio of its dealers, said the RCF Chairman and Managing Director, Mr U.S. Jha.rnWhile Mr Jha was unwilling to name the cement companies that the company was negotiating with, it is learnt that the deal has been inked with a few, among which Coromandel Cement is one.rnThe schedule for a trial run of 1,000 tonnes redistribution has been finalised and RCF as a clearing and forwarding (C&F) agent will forward the quantity to select dealers in Maharashtra by December. Indicative margins are that RCF is not looking beyond Rs 150 a tonne.