Cement News tagged under: Malaysia
New order for Gebr Pfeiffer in Malaysia07 September 2012, Published under Cement NewsGebr Pfeiffer SE has been awarded the contract by KHD to supply the vertical roller mills for grinding cement raw material and coal for Straits Cement new 5000tpd plant in Malaysia. The Gebr Pfeiffer MPS 4750 B raw mill is to have a design capacity of 300tph of cement raw material ground to a product fineness of 12 % R90µm. The coal mill of the type MPS 2800 BK will be capable of grinding 35tph of coal. Straits Cement is a subsidiary of Malaysian YTL Group. |
Gresik sets aside US$300m for regional expansion31 August 2012, Published under Cement NewsIndonesia’s largest cement maker, PT Semen Gresik, has US$300m to expand its business to the regional markets of Myanmar, Cambodia and Vietnam, the company’s chief executive Dwi Soetjipto has said. Speaking to the Jakarta Globe, he said: “Expansion overseas is still in the process.” Previously, Dwi indicated that the company was looking at acquiring stakes in cement producers in Malaysia, Myanmar, Vietnam and Thailand as it seeks to extend its regional reach. He also told the Investor ... |
CMS plans to invest in third Sarawak cement plant, Malaysia06 August 2012, Published under Cement NewsCMS Bhd (CMSB) plans to invest in a third cement plant to meet the growing demand in Sarawak. Group managing director Datuk Richard Curtis said the new facility, which would have a production capacity of 600,000 to 700,000tpa, would be built in Mambong near here where the group's clinker plant is located. “The proposed third plant will cost about MYR150m. We (CMSB) will make a decision (on the proposed project) in the next three months,” he told StarBizWeek after a briefing yesterday. The... |
Semen Gresik plans name change to raise its profile, Indonesia03 August 2012, Published under Cement NewsState Enterprises Minister Dahlan Iskan said Indonesian state-owned Semen Gresik is set to change its name to Semen Indonesia in a bid to raise the company’s international profile. The change is subject to approval by shareholders expected October or November this year, the minister said on Tuesday. Once the change becomes official, Dwi Doetjipto, president director of Semen Gresik, will become chief executive of Semen Indonesia. Dahlan said President Susilo Bambang Yudhoyono of Indone... |
Lafarge Malayan Cement confirms price hike01 August 2012, Published under Cement NewsLafarge Malayan Cement (LMC) has confirmed it will raise the price of cement effective today, 1 August, due to rising manufacturing and delivery costs, which is expected to bode well for the company’s margins from next year, according to analysts. "The decision was made unilaterally and taking into consideration our increasing costs associated with manufacture and delivery of cement, which we have endeavoured to absorb over the years," its executive director Chen Theng Aik has told SunBiz... |
Builders Association urges government to look into price hikes, Malaysia30 July 2012, Published under Cement NewsThe Masters Builders Association of Malaysia (MBAM) has urged the government to look at a possible rise in cement prices which is expected to impact the local construction sectors. The MBAM said in as statement that it had been notified by a major cement producer that the price of a bag of cement would increase to MYR17.75/bag from MYR16.75 as of 1 August 2012, while the price of bulk cement would be hiked from MY$320/t to MYR340/t. “MBAM appeals to the Government, in particular the Domes... |
Tasek second quarter earnings fall, Malaysia27 July 2012, Published under Cement NewsTasek Corp Bhd of Malaysia reported a 4.4 per cent fall in second quarter earnings to MYR23.13m (US$7.3m) from MYR24.21m a year ago. Revenues were flat at MYR139.73m compared with MYR138.57m.The slightly higher group revenue was attributed to the cement segment but was offset by the weak performance of the concrete division. "The cement segment registered a higher operating profit of MYR23.4m in the current quarter as compared with MYR21.8m in the previous year's corresponding quarter.... |
Malaysian price hike on the cards24 July 2012, Published under Cement NewsSpeculation is rising that cement prices in Malaysia will rise, however, industry sources are unsure whether will actually transpire. Ching Liong Building Materials Distributors Association of Malaysia president New said, to date, there are no indications to signal a rise in cement prices compared to a few weeks ago when one factory raised its prices. "The situation has, however, stabilised with a lot of the mills running at full capacity, of which demand is there and the market environm... |
CMS addresses cement Sarawak shortage, Malaysia19 July 2012, Published under Cement NewsCMS Cement, Sarawak’s sole cement producer, has assured that the current shortages being experienced by the construction industry in Miri will be resolved by next week. Sarawak is situated on the island of Borneo and is one of two states, with Sabah, comprising what is referred to as East Malaysia. Sarawak is Malaysia’s largest state with around 37 per cent of the total land mass and has a population of 2.4m. Othman Abdul Rani, head of CMS’s cement division, said the shortage was large... |
Holcim Malaysia calls for green building certification to be mandatory16 July 2012, Published under Cement NewsHolcim Malaysia has called for green building certification to be made mandatory as it would create sustainable development in all sectors and ensure more responsible construction materials and practices by the industry. CEO of Holcim Malaysia, Mahanama Ralapanawa, said recent announcements by the Johor Waterfront City and Mersing Laguna developments, as well as the further expansion of Iskandar Malaysia, called for an urgent need for the government to migrate its develop strategy to inst... |