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Secretary and Business Relation Officer of Siam City Cement Public Company Limited, Dr.Sathaphon Phetthongkham (ʶҾà ྪ÷ͧ¤Ó), claims that due to high costs of living, the company will submit another price modification proposal to the new government. He says cement consumption has shrunk by 4 percent as many mega-projects have been suspended due to sluggish economy and political uncertainty.
Dr.Sathaphon cites that price of coal, a major ingredient of cement, has increased from 45 US dollars per ton up to stand at 65 US dollars per ton. In this connection, the company has been burdened with 70 percent higher of production costs. According to Dr.Sathaphon, the company had asked for the price modification prior during the administration of Prime Minister Surayud Chulanont (ÊØÃÂØ·¸ì ¨ØÅÒ¹¹·ì) but was rejected. As a result, the company has had to shut down the operation of two production machines.
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Reporter : RTI-Reporter02
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