Member ID
User Password

Home  About Us  FREE Registration  Benefits  Contact Us  Partners  News  CRA Act

Latest Credit, Finance & Industry News
Cement industry set to feel impact of petrol hike [05-09-2013]  
    Email to friends.

Cement maker Lafarge Malaysia Bhd said the increase in fuel prices would have a definite effect on the cost of its products.

“The increase would naturally have an impact on businesses in terms of transportation cost for both production and delivery to the market,” said a spokesman from the company.

“We understand the need for this subsidy rationalisation exercise by the Government. We are evaluating the overall impact of the fuel price increase to our businesses before taking appropriate measures.”

Lafarge Malaysia, which built its first cement plant in 1953 in Rawang, is one of the largest cement producers in the country.

Currently, the company is a cement supplier to the KLIA2 project and the Manjung and Tanjung Bin power plant projects.

Brought by:

Site Map | Best viewed at 1024x768 resolution. | © Copyright BASIS CORPORATION SDN. BHD. (315708-X). | | Share
Customer Notice and Summary of Rights | Personal Data Protection Policy   20-05-2018 11:36 PM