Construction material manufacturers mull green opportunities for growth
AS AWARENESS rises about environmental concerns, building materials companies may be able to benefit by producing greener materials.
Peggy Mak, research manager at Phillip Securities Research, noted that while the ready-mix concrete space has generally produced the same sort of products in the past, there is now an opportunity for companies to differentiate with low-carbon products.
In February last year, ready-mix concrete producer Pan-United Corporation announced that it is supplying 360,000 cubic metres of carbon dioxide mineralised concrete over a 2.5-year period for Tuas Port.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Scaling Berli Jucker’s retail empire – daughter of Thai beer billionaire seeks growth outside home country