Cephren launches construction e-marketplace

NEWS Construction company, Cephren, has launched an Internet marketplace for the construction industry. The site will allow buyers and suppliers in the $3.2tr industry to procure and sell construction materials online, taking advantage of better prices, and quickening bidding times online. Cephren currently runs a service for a group of construction industry customers representing $1.5bn of business, but is to open this up to the entire industry.