Investments linked to Euro 2012 are expected to provide a boost to the Polish cement market, according to Cemex Polska. The company has also warned that the demand will drive up price by around 10% but this will be necessary to meet higher maintenance costs. Despite the improved prospects, Cemex has said that its plans for a new cement production facility in Poland will remain on hold and investment in reserves has been given a higher priority.
March 28, 2012
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Investments linked to Euro 2012 are expected to provide a boost to the Polish cement market, according to 643 Cemex Polska. The company has also warned that the demand will drive up price by around 10% but this will be necessary to meet higher maintenance costs.
Despite the improved prospects, Cemex has said that its plans for a new cement production facility in Poland will remain on hold and investment in reserves has been given a higher priority.