Rise in cement prices in China sees Taiwanese firms profit
As a result of a recent cement price hike, Taiwan’s leading cement producers invested in China have posted profit in the first quarter.
As a result of a recent cement price hike, Taiwan’s leading cement producers invested in China have posted profit in the first quarter.
UltraTech Cement has announced its financial results for the year ended 31 March 2011. As well as reporting a decline in sales, attributable to slower growth in cement demand, the company also revealed plans to increase cement capacity by 9.2 million tpa over the next three years.