23 May 2013
PETALING JAYA, May 23 (Bernama) -- Lafarge Malayan Cement Bhd is looking to increase production capacity this year to meet growing demand, especially from domestic customers.
The company's total production capacity is currently at 40 million tonnes.
President and Chief Executive Officer Bradley Mulroney said the move is also part of the company's upcoming expansion plan, expected to be announced by August.
"We are optimistic about the continued growth in demand for building materials and solutions and believe that Lafarge's cement, concrete and aggregates businesses remain strongly positioned in these sectors," he told a media briefing in conjunction with the company's annual general meeting today.
However, he said, the board has not finalised whether to focus on concrete or cement production in its expansion plan.
"Moving forward, we see continued growth in construction activities driven by government-led investments and infrastructure developments such as the roll-out of the Tun Razak Exchange, the next phase of the Mass Rapid Transit line and further developments in Iskandar Malaysia.
"We will continue to introduce innovative products and solutions onto the market to promote sustainable construction in Malaysia, and will continue to ensure that sustainability remains integral to our operations," he added.
Lafarge Malayan is the parent of a group of companies in Malaysia and Singapore whose core businesses are in the manufacturing and sale of cement, ready-mixed concrete, aggregates and other related building materials.