Holcim Romania to halt white cement production in 2008
The Romanian unit of Holcim would halt its production of white cement next year due to persistent rise in natural gas prices, the company said on Tuesday.
"The continuous rise in gas prices has a negative impact on production costs, which reflects on white cement sales," the company said in a statement.
Gas prices in Romania increased by 33.6% last year.
Holcim Romania produces white cement only in its factory in Turda, northwestern Romania. The company has two other plants that produce grey cement.
