Pacific Cement faces clinker price rises

Pacific Cement, a subsidiary of Fijian Holdings Ltd, is finding the rise in clinker prices a strain on its business. FHL CEO, Nouzab Fareed, says the company is trying to address the increase in the price of the imported raw material for cement production.

Mr Fareed commented that Pacific Cement is currently facing some global challenges. "Right now we are going through a lot of challenges with Pacific Cement not only normal challenges, we are facing challenges globally as the shipping freight prices are going up and globally the clinker price is going up and clinker is the main raw material for cement."

He also highlighted the local challenges faced by the company, particularly in terms of logistics and port congestion.