Displaying items by tag: Canadevi

Mexico: A delegation of the Mexican housing development and promotion chamber (Canadevi) in Baja California has warned that construction companies are considering increasing imports of cement due to the high price of the material in the local market. Jose Luis Padilla, president of Canadevi in the state, said that the chamber had asked LafargeHolcim and Cemex to stop rising prices, according to the El Financiero newspaper. He added that the price of cement rose by 32% year-on-year in 2016, by 15% in January 2017 and by 12% in July 2017. Padilla also said that the chamber and building material firms had signed an agreement to prevent prices rising above the level of inflation.