Monday, August 8, 2011

MALASIA: Portland cement price up



Sarawak's sole cement manufacturer CMS Cement Sdn Bhd has raised the price of Portland cement to cement dealers across Sarawak by RM15 per tonne or 5%.

CMS Cement is a a wholly-owned subsidiary of Cahya Mata Sarawak Bhd.

The price increase was “unavoidable” in view of the continuously increasing costs of raw materials and bunker fuel, CMS said in a statement yesterday.

According to the company, the price hike was its first in three years

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