CEMENT
A Mixed Bag
Demand for cement is expected to decline. Expansion of cement manufacturing plants continues.
January 20, 2009
THE chain of effects of the global financial crisis has certainly been a very long one. One of the sectors hardest hit by the slow flow of funding is the property sector. Domestically, this struggle is being added to with the rise in interest rates due to high inflation.
It was no surprise that from early on developers were concerned about postponing investment. The knock-on effect has been a weakening in the demand for cement. Dani Handayani, spo
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