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(From Taiwan Economic News)
Taipei, Feb. 20, 2006 (CENS)--Due to continued hikes in product prices, Taiwan's cement firms with plants in mainland China, including Taiwan Cement Corp., Asia Cement Corp. and Chia Hsin Cement Corp., will enjoy higher gross profit margin rates this year
Because of booming demand for cement, mainland China's largest cement producer Conch Group has raised its cement price by between 7% and 10% since the beginning of this year. Taiwan's cement producers are expected to benefit from the price hike plus the slump in purchasing price for such material as coal
Credit Suisse First Boston estimated Asia Cement would see gross …