Lafarge Malaysia mulls export opportunities

Lafarge Malaysia is exploring the possibility of exporting cement to other markets in Southeast Asia and around the Indian Ocean, its chief executive has said.

Speaking to local press, Bradley Mulroney said the company is considering exporting to Myanmar, Sri Lanka, Bangladesh, Maldives, Mauritius, among other countries. However, he emphasised the company's commitment to serving Peninsular Malaysia.

Last week, the country's leading cement producer reported a rise in revenue and net profit for the first quarter of 2014, boosted by higher sales from its cement division.

Lafarge Malaysia is currently in the process of increasing capacity to 1.2Mta. Mr Mulroney also aid progress of the Construction Development Laboratory (CDL) in Petaling Jaya was on track and within the budget. The laboratory,slated for completion at the end of June, would focus on developing innovative solutions that are tailored to meet local needs, he added.