Cement News tagged under: Cambodia
Cambodian cement demand expected to rise15 July 2019, Published under Cement NewsCambodia's construction sector is seeing demand for cement and brick rise by some 10 per cent in 1H19 and cement producers are forecasting a strong 2H19. Chip Mong INSEE Cement Corp has increased its cement supply by 10 per cent compared to the 1H18 said Tieng Vichea, the company's public and government relations manager. However, cement producers have not driven through large price increases. "Our selling prices in the first half of this year changes very similarly to production costs ove... |
Chip Mong Insee Cement achieves 26% market share in Cambodia in first year28 February 2019, Published under Cement NewsAfter just one year of operations, Chip Mong Insee Cement Corporation (CMIC) has achieved a 26 per cent of market share in Cambodia, company representatives said. Speaking at the company's one-year anniversary celebration, Aidan Lynam, CEO of CMIC, said the secret to its success is the focus on quality. "It is estimated that 8Mt of cement are consumed every year [in Cambodia]. After a full year of operations, we are supplying 1.6Mt, roughly 26 per cent of the total supply. Our strategy is ... |
Chip Mong Insee Cement Corp opens 9.8MW solar power plant26 February 2019, Published under Cement NewsCleantech Solar has completed building an on-site solar PV system for Chip Mong Insee Cement Corp (CMIC) in Cambodia. The whole system includes a 2.8MW floating solar power plant deployment on CMIC's reservoir and the remaining 7MW installed across multiple rooftops of the facility. Through a long-term partnership agreement, the project is expected to generate 297GWh of clean energy, avoiding 197,000t of CO 2 emissions in the system's lifetime. The system will contribute to CMIC's sustaina... |
Siam Cement Group plans to expand products and services in Cambodia12 February 2019, Published under Cement NewsSiam Cement Group (SCG) plans to expand new service solutions and retail operations in Cambodia to tap opportunities in the country's growing construction industry and changing consumers' behaviour. According to, SCG's Managing Director of Kampot Cement plant, Somwang Manpimonchai, “Our target this year in Cambodia is to maintain existing businesses which produce and sell our products, and to add new service solutions and introduce retail or B2C to the market." As part of a five-year pla... |
SCG Cambodia's revenues rise 15% on strong construction actvity07 February 2019, Published under Cement NewsSCG Cambodia, a subsidiary of the Siam Cement Group, yesterday announced that revenue from sales in 2018 grew by 15 per cent, rising to US$396m. Revenue from sales in 4Q18 reached US$96m, SCG Cambodia said. Cambodia Constructors Association General Manager, Chiv Sivpheng, said demand for construction materials has been rising annually as the kingdom's construction industry grows. With increasing population and urbanisation, Mr Sivpheng said the construction industry is expected to continue ... |
Bright start, bright future23 January 2019, Published under Cement NewsWith a rapidly-expanding construction sector, Cambodia’s need for cement going forward seems assured. For cement producers it is a call to build new cement plants and increase market share. One company that has recently expanded its production potential is Chip Mong Insee Cement Corp, entering its new Touk Meas plant into service. By Chip Mong Insee Cement Corp, Cambodia. Chip Mong Insee Cement Corp’s 1.8Mta cement plant is located in Touk Meas, Kampot province, Cambodia With a... |
Chip Mong Cement satisfied with Gebr Pfeiffer mill order18 September 2018, Published under Cement NewsGebr Pfeiffer reports that three of its vertical mills are producing cement at Chip Mong Group in Cambodia to the customer's complete satisfaction. The German engineering company claims that these are the most modern vertical mills in the world, and that the MVR mill comes with unique features. The cement mill in Cambodia, for example, is equipped with a MultiDrive ® , which is designed with four drive modules. This drive system with an installed power of 7200kW ensures a redundant operati... |
Battambang Conch Cement inaugurates plant in Cambodia01 June 2018, Published under Cement NewsThe Battambang Conch Cement Co Ltd inaugurated its US$230m plant in Battambang province, Cambodia, on Thursday. The facility was constructed within 18 months and is expected to have a total production capacity of 5000tpd, according to the Phnom Penh Post. "Our cement factory, together with others in the industry, can supply the market’s needs and compete with imported cement on quality and price," said Vinh Hour, company CEO. While cement currently costs US$90/t, Mr Hour was optimist... |
New plant to become operational in Cambodia12 March 2018, Published under Cement NewsA new 1.7Mta cement plant is expected to come online on Friday in Battambang province, according to Cambodian Mines and Energy Minister, Suy Sem. While the factory's name remains undisclosed, the only upcoming project with that capacity is the joint venture between China-based Conch International Holdings (HK) Ltd and Battambang KT Cement Co Ltd. Construction of the works began in October 2016 on 100ha of land in Rattanak Mondul district, and represents an investment of approximately US$2... |
Ministry of Commerce: Cambodia will not ban cement imports16 February 2018, Published under Cement NewsThe spokesman for the Ministry of Commerce, Seang Thai reported that Cambodia imported 1.9Mt of cement in 2016 and the opening of the country's largest cement factory last week will still not lessen the need for cement imports. "Cement imports are still highly important for construction, because our cement supply is not sufficient to meet construction growth," Seang Thai said. “We are part of a free market now, and we have to build up our capacity to compete in this market – we cannot ban... |