Cement News tagged under: Southeast Asia
Siam Cement Group awards CCU project to JSC Co05 July 2024, Published under Cement NewsSiam Cement Group – Cement and Green Solution Business (SCG-CGS) has awarded Japan Gasoline Co (JGC) of Japan the pre-feasibility study for a CO 2 capture and utilisation (CCU) facility for its cement plants. The study for the awarded CCU facility calls for selection of the technology licence for CCU, evaluation of the required production capacity of CO 2 capture facilities and chemical plants, as well as assessment of economic feasibility, to construct a CCU facility for the capture of... |
Vietnam cement exports drop 10.8% in 1H2402 July 2024, Published under Cement NewsBetween 2019 and 2022, the average export value of cement and clinker ranged from US$1bn to US$1.3bn annually. However, in 2023, export earnings sharply declined due to falling prices. The average Free On Board (FOB) price of clinker fell to US$31-32/t in May 2024, a notable decrease from US$46-48/t in 2022. The country’s Ministry of Construction (MoC) cited an increase in the tax on clinker exports, from five to 10 per cent as of 1 January 2023, as a key factor making Vietnamese clinker... |
Vietnam YtdD cement sales disappoint26 June 2024, Published under Cement NewsTotal Vietnam cement sales, including domestic and export, for May amounted to 7.873Mt, down 7.8 per cent MoM from 8.541Mt in April but up 2.6 per cent YoY from 7.678Mt in May 2023, according to the Vietnam National Cement Association (VNCA). Domestic sales in Vietnam fell 6.7 per cent MoM to 5.317Mt in May from 5.699Mt but were up 5.4 per cent YoY compared to the 5.044Mt reported in May 2023. Of the total, VICEM companies reported domestic sales rising five per cent compared to a ye... |
Adapting strategies to survive climate change21 June 2024, Published under Cement NewsCement producers are developing contrasting strategies as they seek to discover ways to prosper in response to the complex challenges and uncertainties presented by climate change. On the one hand, there are companies seeking to find technical solutions to decarbonise carbon emissions and continue producing clinker. The risk here is that many of the technical solutions are yet to be discovered, making the decarbonisation route uncertain. Others are seeking to diversify away from pollution, s... |
Vietnam cement sales rise in April but disappoint YtD20 June 2024, Published under Cement NewsTotal Vietnam cement sales, including domestic and export, for April amounted to 8.541Mt, a 7.7 per cent MoM and 4.6 per cent YoY increase, up from 7.931Mt in March and 8.164Mt in April 2023. Domestic sales in Vietnam rose 11.5 per cent MoM and 1.4 per cent YoY to 5.699Mt in April 2024. This is up from 5.113Mt in March and 5.622Mt a year earlier, according to the Vietnam National Cement Association (VNCA). Of the total, VICEM companies saw flat sales compared to a year earlier at 1.831Mt... |
Vietnamese PM orders restructuring of construction materials sector18 June 2024, Published under Cement NewsOn June 15, Vietnamese Prime Minister, Pham Minh Chinh, ordered the restructuring of the construction materials industry in terms of organisation, finance and input materials. In an online conference on removing difficulties in stimulating production and consumption of cement, metals, and other construction materials, the Prime Minister highlighted the issues of rising fuel costs, raw material shortages, environmental protection pressures, and problems with policy, markets and financing. ... |
Robust cement sales growth for Indonesia in May12 June 2024, Published under Cement NewsCement sales in Indonesia amounted to 5.678Mt in May. This is an increase of 11.2 per cent YoY compared to the 5.008Mt reported a year earlier. Regional sales reported growth across all areas led by Kalimantan where the development of Indonesia’s new capital, Nusantara, is ongoing. Sales there rose 32.2 per cent YoY in May to 475,672t up from 359,758t. Local dispatches in Bali-Nustra rose 23.9 per cent YoY to 346,822t from 280,184t. Java, the country’s largest market, saw sales rise 12.4 ... |
Factory in the forest04 June 2024, Published under Cement NewsAt its 5Mta Hualien plant in Taiwan, Asia Cement showcases its new circular economy solutions as well as its biodiversity restoration programme. The company’s drive for sustainable operations ranges from finding safe ways to dispose of waste wind turbine blades and refrigerants to quarry restoration and the creation of its own ecological park. By Chih-Hsien, Yu-Chung Tseng and Ting-Yun Lai, Asia Cement, Taiwan Asia Cement has actively invested in kiln technology to dispose of refrig... |
Indonesia: strengthening its green agenda03 June 2024, Published under Cement NewsAs the Indonesian cement market returns to growth, driven by an expanding economy, the country’s cement industry is developing its plants to become more sustainable. By ICR Research, UK Indonesia’s industry leaders are putting initiatives in place to make the cement industry more sustainable Indonesia has maintained seven consecutive quarters of growth above five per cent YoY. In line with market expectations, the economy expanded by 5.04 per cent in the last quarter of 2023... |
Indonesian Cement Association unveils low carbon roadmap at Cemtech Asia 202403 June 2024, Published under Cement NewsCemtech Asia 2024 commenced today at the five-star Shangri-La Hotel in Jakarta, Indonesia. The event, running from 2-5 June, welcomes over 325 cement professionals from 29 countries for an industry-leading conference and a 53-stand exhibition. Cemtech Asia 2024 opened today at the Shrangri-La Hotel in Jakarta, Indonesia. The conference runs until 5 June and will welcome over 300 cement professional from across the world Speakers shared views on how the cement industry can be ... |