Asia will drive cement growth, says Italcementi chief executive

Asia will drive cement growth, says Italcementi chief executive
Published: 16 March 2015

Tagged Under: Thailand Italcementi 

Italcementi Group foresees stronger growth of 2-3 per cent this year, with the key driver being Asia, backed by economic recoveries in the European Union and North America.

Given the expected stronger growth, the group plans to expand its businesses to African countries such as Mozambique, Ghana and Tanzania, CEO Carlo Pesenti said during an interview with The Nation last week. "The company foresees better performance in Asia, including Thailand, with revenue for the continent projected to grow 3-6 per cent this year, while overall growth for the company will be 2-3 per cent," he said.









To continue reading this story and have 100% free access to the CemNet.com website, please Register for a subscription to International Cement Review or Login