Cement News tagged under: Southeast Asia
Vicem production up 5.1% per cent in first five months19 June 2014, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) produced 7.34Mt of cement in the first five months of this year, rising 5.1 per cent from a year ago and fulfilling 39 per cent of the whole-year target. The corporation’s clinker output, however, fell by three per cent YoY to 6.63Mt in the period, meeting 38.4 per cent of the full-year target. In May, Vicem’s cement output rose by 6.3 per cent YoY to 1.73Mt, while the corporation’s clinker output was 1.39Mt, equal to the figure of May 2013. ... |
Recovery in Indonesian monthly cement sales growth12 June 2014, Published under Cement NewsIndonesian cement sales growth picked up pace during May following a slowdown during the month before on the back of legislative elections. Last month cement sales advanced by 7.7 per cent to 5.2Mt, latest data from the Indonesia Cement Association shows. This follows just a 0.4 per cent increase in April before as elections led to projects being put on hold. Cement sales in May increased in most regions with the exception of Maluku, Papua (-4.7 per cent YoY) and Nusa Tenggara (-13 per ... |
Semen Indonesia provides loan to Gresik, Indonesia12 June 2014, Published under Cement NewsSemen Indonesia is to provide a IDR5trn loan (US$421.76m) to subsidiary Semen Gresik to partly finance the latter’s new cement plant in Central Java, according to an announcement posted on the Indonesia Stock Exchange. The loan agreement, which amounts to IDR5.07trn when taking interest into account, was signed on Monday. Semen Gresik is constructing an 8000tpd greenfield works situated just outside the city of Rembang in the northeastern part of central Java. The new factory is expecte... |
Semen Indonesia targets over 40Mta of capacity in 201710 June 2014, Published under Cement NewsSemen Indonesia targets over 40Mta of capacity over the next three years, as it continues to increase domestic capacity and seeks to expand into other Asian countries and beyond. This year the company targets capacity of 31.8Mt this year, according to its president Dwi Soetjipto. By 2016 Semen Indonesia will further expand its production capacity to 37.8Mt with new production facilities in West Sumatra and Central Java, Indonesia, Dwi added. Meanwhile, there will be an increase of 2... |
Vietnam monthly cement sales up04 June 2014, Published under Cement NewsCompanies in Vietnam sold 6.07Mt of cement in May, up 9.7 per cent from a year ago, including 4.77Mt sold at the domestic market, rising by 11.9 per cent YoY, the Vietnam Building Material Department under the Ministry of Construction has said. In the first five months, the country’s cement sales rose by 18.4 per cent YoY to 27.27Mt, fulfilling 43.98 per cent of the whole-year target, the department said. The five-month growth was contributed by the surging demand for this product in th... |
Lafarge Republic expansion on track for 1H15 completion28 May 2014, Published under Cement NewsLafarge Republic is on track to launch new mills at its Teresa and Norzagaray cement plants in the first half of next year, its president has said. "For 2015, Lafarge Republic, Inc. is putting up new cement grinding mills in Teresa plant and Norzagaray plant and targeting to start operating them by January 2015 and second quarter of 2015, respectively," said Renato C. Sunico, president of Lafarge Republic, Inc. Both new grinding mills are designed with capacity of 850,000tpa, These will... |
Lafarge Malaysia mulls export opportunities26 May 2014, Published under Cement NewsLafarge Malaysia is exploring the possibility of exporting cement to other markets in Southeast Asia and around the Indian Ocean, its chief executive has said. Speaking to local press, Bradley Mulroney said the company is considering exporting to Myanmar, Sri Lanka, Bangladesh, Maldives, Mauritius, among other countries. However, he emphasised the company's commitment to serving Peninsular Malaysia. Last week, the country's leading cement producer reported a rise in revenue and net pro... |
Higher sales boost Lafarge Malaysia 1Q1423 May 2014, Published under Cement NewsLafarge Malaysia’s revenue for the 1Q14 was 4.9 per cent higher YoY to MYR676.6m (210.7m), mainly due to higher cement and aggregate sales volumes. Revenue growth was partially offset by lower sales in the aggregate and concrete division attributed to the completion of the KLIA 2 project, the group said in a statement. The group registered net profit of MYR97.2m for the quarter, a 32.4 per cent YoY increase, mainly as a result of higher revenue from its cement division. Compared to t... |
Vietnam exports rise 41% YoY21 May 2014, Published under Cement NewsVietnam exported 8.38Mt of cement and clinker worth US$355m in the first four months of this year, up 41 and 43 per cent in terms of volume and value, respectively, the General Department of Vietnam Customs said. The total included 6.2Mt of clinker and 2.2Mt of cement, the department said on its website Tuesday. In April, the country’s cement and clinker exports fell 4.4 and 5.3 per cent, respectively, from March to 2Mt worth US$84m, comprising 1.5Mt of clinker and 500,000t of cement. ... |
PT Loesche Indonesia service hub officially inaugurated15 May 2014, Published under Cement NewsLoesche has officially opened its new service hub in Jakarta, Indonesia, with an introductory seminar and inauguration ceremony for invited customers and potential business partners. PT Loesche Indonesia has been in full operation since January 2014. This country unit focuses on plant modernisation and spare part supply, as well as on-site support with all kinds of services for audits, maintenance, installation, and commissioning activities for the entire Indonesia region. To introduce del... |