CMS Cement says will not raise price (2852)

KUCHING: CMS Cement Sdn Bhd, Sarawak’s sole cement producer and manufacturer, will not raise the price of cement despite recent reports of a nationwide cement price hike, Cahya Mata Sarawak Bhd group managing director Datuk Richard Curtis said.

He said CMS had always remained committed to the state’s socio-economic growth and would not increase its prices although cement production in Sarawak posed a logistical challenge due to terrain, raw materials and geographical population spread.


Datuk Richard Curtis
“While the perception is that there is a monopoly on cement in Sarawak, truth is any person can set up operations or, just as CMS does, import cement to cover unexpected demand surges or disruptions to its own production,” he said in a statement.

He said the local market depended on the company to ensure a reliable supply of quality cement for its infrastructure needs, especially now that the Sarawak Corridor of Renewable Energy’s potential was being realised.

In considering the impact of its price hike on the construction sector, he said, CMS also respected the Malaysian Competition Act and did not engage in price discussions with any Malaysian cement producers. —Bernama