LaFarge invests EUR 80M to boost cement production

"In 2006 demand grew by 20%. In 2007 this dynamic will remain at the same level," said Luc Callebat, president of Lafarge Cement in Poland. According to estimates of the Polish Producers of Cement (PPC), annual domestic output will stand at 16.7 million tons, increasing to 25 million tons by 2012. "One anticipates that substantial growth in production will contribute to at least stabilization on the market," said Sylwia Leśniewska, spokeswoman of Lafarge Cement. Leśniewska added that the company increased its prices by 10-13% in 2007, however, prices for end users have gone up much more. (Rzeczpospolita, p. B5) M.M.