Full-year cement sales set to decline, says Holcim (Indonesia)

Full-year cement sales set to decline, says Holcim (Indonesia)
20 December 2006


High interest rates in the early months of the year have taken their toll on the cement industry, with full-year domestic sales set to decline on lower demand, a top industry player predicts.

"This year has been an extraordinarily tough one for our industry," said Tim Mackay, president director of PT Holcim Indonesia during a company briefing Tuesday.
Published under Cement News