Cement News tagged under: Southeast Asia
SCG prepares to launch flagship products to Indonesian market16 July 2014, Published under Cement NewsSiam Cement Group (SCG) is preparing to introduce its three flagship products to the Indonesian market, a country high on the Thai building materials major's agenda as it looks to extend its southeast Asian presence. The three products are SCG’s energy-saving lightweight concrete SCG Smartblock, the quick-to-dry Portland composite cement SCG Cement PCC, and the ready-mixed concrete Jayamix by SCG Super Concrete. The products will be used to serve the Jakarta market initially. SCG Sma... |
Indonesia sales growth slows in first six months14 July 2014, Published under Cement NewsIndonesian cement sales growth has slowed in the first six months of the year, leading to concerns that the country may miss its full year target. For the six months to the end of June 2014, domestic sales reached 28.9Mt, up 3.9 per cent YoY but well below the full-year growth target of six per cent. According to data from the Indonesian Cement Association (ASI), cement demand on the island of Sulawesi rose at the highest YoY rate of 5.7 per cent YoY to 2.1Mt. Consumption on Java, Ind... |
RAM Ratings reaffirms Lafarge Malaysia rating27 June 2014, Published under Cement NewsRAM Ratings has reaffirmed the AA2/Stable/P1 ratings of Lafarge Malaysia Berhad's MYR350m (US$109m) Islamic Securities Programme (2010/2017). The ratings are premised on Lafarge Malaysia's strong business and financial profiles despite the entry of a new player, rising costs and pricing pressure. "Lafarge Malaysia delivered a positive performance in FY December 2013. Its revenue and pre-tax profit rose by four per cent and 10 per cent YoY respectively. Lafarge Malaysia's financial profile ... |
Siemens wins Holcim Indonesia Tuban II contract25 June 2014, Published under Cement NewsSiemens has received an order from ThyssenKrupp Industrial Solutions AG to supply an Integrated Drive System for the expansion of PT Holcim Indonesia Tbk’s cement plant in Java. As one of the top three cement producers in the country, with a capacity of 8.2Mta, the cement producer is expanding its facilities with a second production line which will have a capacity of 4000tpd of cement. Operation is due to commence mid-2015. The supplied Integrated Drive System will comprise low- and medium-... |
Lafarge launches its first southeast Asia Construction Development Lab24 June 2014, Published under Cement NewsLafarge Malaysia yesterday launched its Construction Development Laboratory (CDL) – the sixth facility of its type to be opened by the group worldwide and the first in southeast Asia. Bradley Mulroney, president and CEO of Lafarge Malaysia said that the company is committed to contributing towards sustainable construction by providing the construction industry in Malaysia with solutions that can help promote construction efficiency. "The CDL will enable us to test, adapt and tailor innovat... |
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... |