expected to increase by 10% in 2005, with demand of about 35 million tons, compared with 32 million tons in 2004. Cement exports will rise from 9 million tons last year to 12 million tons. Relevant sources said that the price of cement in Thailand may rise by 200-300 baht per ton. Thailand's TPI & nbsp; Polene is negotiating with other creditors to build four new cement production lines, with an estimated investment of 6 billion baht. Thailand: & nbsp; Cement & nbsp; business & nbsp; likely & nbsp; to & nbsp; grow & nbsp; this & nbsp; year The local cement business is expected to expand this year in tandem with the country’s economic growth and the construction of many state-supported basic infrastructure projects, according to an industry executive. Prachai Leopairat, President and Chief Executive Officer of TPI Polene Plc, said the cement business this year should expand well since the economy was likely to grow at 6% and the government had a plan to expand investment in the basic infrastructure, which could lead to higher demand of cement. It is anticipated the demand of the product this year would increase by 10% to 35 million tons from 32 million last year. As well, the cement export is projected to rise to 12 million tons from 9 million last year. Mr. Prachai projected cement prices would increase by 200-300 baht per ton since the prices were dumped late last year. He said TPI Polene was negotiating with creditors for the approval for the building of the 4th cement plant, which requires total investment of six billion baht. (TNA) (China Cement Net & nbsp; & nbsp; Please indicate the source for reprinting)
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