Lafarge Malaysia urges government to raise cement ceiling price

Lafarge Malaysia urges government to raise cement ceiling price
Published: 23 May 2006

Lafarge Malayan Cement Bhd has been in talks with the government to raise the ceiling price of cement above the current 198 rgt per tonne, the Edge Daily reported. The newspaper cited chief executive officer Alain Crouy as saying because of rising costs, partly due to fuel price hikes, the firm would like the ceiling to be raised by at least 30 pct.