Cement News tagged under: Fletcher
New Zealand: Fletcher rivals “attacking our market”23 April 2012, Published under Cement NewsFletcher, with a market capitalisation of NZD4.2bn (US£3.4bn), is under attack from firms undercutting prices by up to a third and aiming at Christchurch's post-quake rebuild. Stephen Hudson, Macquarie Equities Research analyst, said new import-based competition had emerged in cement products, insulation, wallboard, laminates and steel categories. Hudson said construction of a new third-player clinker grinding facility had begun in New Zealand and Ling said this Tauranga business was a cha... |
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