Cement News tagged under: Southeast Asia
CMS sees 1Q revenues up by 6%23 May 2022, Published under Cement NewsMalaysia-based Cahya Mata Sarawak Berhad (CMS) reported a revenue of MYR214.04m for the first quarter ended 31 March 2022, up six per cent YoY from MYR202.06m. Profit before tax improved to MYR83.86m in the 1Q22 from MYR82.56m in the 1Q21 due to a better performance by the Cement and Road Maintenance businesses and a higher share of results of associates by MYR15.42m. Although higher raw material costs and global supply chain constraints challenged the company’s operations, key initiat... |
thyssenkrupp Industrial Solutions and VIBM sign MoU16 May 2022, Published under Cement Newsthyssenkrupp Industrial Solutions Vietnam and the Vietnam Institute of Building Materials (VIBM) have signed a Memorandum of Understanding (MoU) on cooperation between both parties on the research and application of new technologies in cement manufacture. At the ceremony, Lukas Schoeneck, CEO of thyssenkrupp Industrial Solutions Vietnam, reaffirmed his commitment to collaborate with VIBM under the guidance of the Deputy Minister of Construction, Nguyen Van Sinh, to transit the cemen... |
VICEM goes for green29 April 2022, Published under Cement NewsVietnam Cement Corp (VICEM) has used the COVID-19 period to increase its use of alternative fuels and waste raw materials. ICR highlights Tai Nguyen and Moi Truong's recent report on the projects that have seen the Vietnamese cement company reduce its production costs and its CO2 emissions over the last three years. VICEM started testing the treatment of ordinary industrial waste as an alternative fuel from the end of 2019. Since 2020 the company has treated waste, mainly from the leather... |
Cemex reports 1Q22 net sales increase of 13%29 April 2022, Published under Cement NewsCemex announced its first quarter of 2022 results, with consolidated net sales and EBITDA growing YoY by 13 and three per cent, respectively, despite a challenging cost environment. The growth was led by a 12 per cent increase in cement prices in LfL terms, eight per cent in ready-mix, and seven per cent in aggregates, with all regions contributing to pricing gains. Cemex continued to enjoy strong demand dynamics, with cement and ready-mix volumes growing high single to double-digits... |
Vietnamese market expands 25% in March22 April 2022, Published under Cement NewsTotal cement deliveries in Vietnam reached 7,110,132t in March, representing a YoY increase of 25 per cent and a MoM advance of 101 per cent, according to the Vietnam National Cement Association (VNCA). Of this total, 2,576,950 was supplied by VICEM, which saw its domestic sales increased by 31 per cent YoY and by 130 per cent MoM. Other VNCA members reported a 12 per cent YoY and 118 per cent MoM rise to 1,743,182t while non-affiliated cement producers posted a 30 per cent YoY and 72 per ... |
Bringing down temperature12 April 2022, Published under Cement NewsVietnam’s tropical climate, with its high humidity, places extra challenges on FICO-YTL’s grinding plant operations in Tay Ninh, affecting the performance of the final product. However, following an upgrade the cement produced in the mill is now of a significantly better quality, while output has increased and power consumption reduced. By Hongzhi Zhu, CETEC Co Ltd, China. Following an upgrade at FICO-YTL's grinding operations in Tay Ninh, Vietnam, the company's cement quality has ... |
Borneo Oil increases investment in Sabah cement plant11 April 2022, Published under Cement NewsBorneo Oil Bhd increased its investment to MYR50.7m (US$12m) in Sabah’s first integrated clinker and cement plant, which is expected to be commissioned by the 3Q22. The plant is owned by Makin Teguh Sdn Bhd. Located in Lahad Datu the new plant has a capacity to produce 720tpd of Portland-grade cement. It is the first micro cement plant in Malaysia to use environmentally friendly technologies such as waste heat recovery and a fuel mix consisting of heavy fuel oil and biomass fuels including... |
South Korean producers aim to boost cement production07 April 2022, Published under Cement NewsSouth Korean cement companies have agreed to increased their production by 35 per cent for the next three months to ease concerns over a supply shortage amid the crisis surrounding Ukraine, the industry ministry said. During a meeting with government officials, seven major cement companies agreed to produce a combined 3.77Mt of cement in the 2Q22 up 35.7 per cent from the January-March period, according to the Ministry of Trade, Industry and Energy. The government also plans to provi... |
Cambodia produces 1.5Mt of cement in 2M2231 March 2022, Published under Cement NewsCambodia’s cement producers manufactured 1,524,248t of cement in January-February 2022, up by 2.1 per cent when compared with a production of 1,493,212t in the 2M21, according to Cambodia Cement Manufacturing Association (CMMA). Kampot Cement Co was leading the production rankings with an output of 420,736t, followed by Battambang Conch Cement Co with 349,500t and Chip Mong Insee Cement with 341,388t. Cambodia Cement Chakrey Ting Factory Co produced 217,656t while Thai Boon Roong ... |
Vietnam market expands 39% in February25 March 2022, Published under Cement NewsTotal domestic cement sales in Vietnam reached 3,538,333t in February 2022, up 39 per cent YoY but down 14 per cent when compared with January 2022, according to the Vietnam National Cement Association (VNCA). VICEM plants sold 1,119,190t, up 47 per cent YoY, while other VNCA members dispatched 799,143t, seeing their sales increase by 33 per cent YoY. Other cement producers in the country reported a 36 per cent YoY rise to 1,620,000t. Exports advanced by 33 per cent YoY but slipped two p... |