Cement News tagged under: Southeast Asia
Makin Teguh Sdn Bhd launches Lahad Datu cement plant21 September 2022, Published under Cement NewsMakin Teguh Sdn Bhd (MTSB), in which Bornoil holds a 30 per cent stake, has opened a new cement plant, located adjacent to Borneo’s first limestone and marble quarry in Sabah, next to the Segama River. MTSB’s Lahad Datu integrated cement manufacturing plant is designed using the latest Chinese technology with great emphasis towards environmental protection and efficient energy use. It is the first integrated cement plant in Malaysia which uses renewable fuels such as heavy fuel oil deriv... |
Vietnam’s cement consumption up 6% in July30 August 2022, Published under Cement NewsVietnam’s cement market expanded six per cent to 5,199,736t in July 2022 when compared with July 2021, according to the Vietnam National Cement Association (VNCA). VICEM sales advanced by eight per cent YoY to 1,750,212t while other VNCA-affiliated companies reported a 22 per cent hike in deliveries. Non-affiliated cement producers saw sales slip by three per cent to 2.18Mt YoY in July 2022. Meanwhile, export sales were down 31 per cent YoY to 2,214,034t in July 2022. Of this total clinker... |
Indonesian cement and clinker exports decrease 36% in June29 August 2022, Published under Cement NewsTotal exports from Indonesia declined by 35.5 per cent in June 2022 as the country’s cement producers supplied 665,760t of cement and clinker to overseas destinations, according to the Indonesian cement association, ASI. In June 2021 exports reached 1,032,486t. Cement exports slipped by 2.1 per cent to 115,455t in June 2022 from 117,960t in June 2021 while clinker exports decreased by 39.8 per cent to 550,305t from 914,526 over the same period. January-June 2022 In the first six months ... |
Dongwu Cement sees revenue fall 26% in 1H2229 August 2022, Published under Cement NewsChina's Dongwu Cement International Ltd has reported revenue of CNY177.8m (US$25.9m) in the first half of 2022, down 25.7 per cent on the same period a year earlier. In terms of gross profit, a loss of CNY13.5m was seen in the 1H22, compared to a profit of CNY45.6m in the 1H21. According to the company, disruptions arising from the COVID-19 pandemic and subsequent quarantine measures had a significant adverse impact on the group’s revenue and financial performance over the six-month period.... |
Indonesia’s cement markets contract 2% in June26 August 2022, Published under Cement NewsCement sales in Indonesia slipped two per cent to 5,438,865 in June 2022 from 5,551,489t in June 2021, according to the Indonesian cement association, ASI. East Indonesia, the country’s smallest market, was the sole province to record an uptick in sales, which increased five per cent YoY to 194,192t in June 2022 from 184,957t. Java, the largest market, saw a 0.8 per cent YoY decline in sales to 2,942,056t in June 2022 from 2,967,079t while Sumatra recorded a 1.1 per cent drop in sales to 1... |
TPI Polene posts 2Q22 sales growth of 21%25 August 2022, Published under Cement NewsTPI Polene posted a 21 per cent YoY growth in sales in the 2Q22 to THB12.5bn (US$346.2m) and 24 per cent growth in revenues to THB13.6bn, partly thanks to forex gains. Overall, the lower volume sales in some product categories were offset by price adjustments compensating for input costs that have been rising since late 2021. For the 1H22 sales reached THB25bn up 29 per cent YoY. The company’s gross profit and core operating margins, at 28.6 and 22 per cent respectively, were still l... |
Ssangyong Cement order fourth KHD Pyrorotor®22 August 2022, Published under Cement NewsSsangyong Cement C&E Company Ltd has ordered another KHD’s Pyrorotor ® for its Donghae plant in South Korea. Ssangyong Cement C&E Company Ltd (Korea) awarded another supply and engineering contract to Humboldt Wedag GmbH for the modernisation of clinker production line five of the Donghae plant. This project marks the fourth Pyrorotor® installation at the Ssangyong plant. The Pyrorotor ® will enable Ssangyong to continuously achieve a thermal substitution rate (TSR) above 85 ... |
Vietnam's Xuan Than Cement to commission Line 3 in October10 August 2022, Published under Cement NewsVietnamese cement producer Xuan Than Cement is expected to bring online its third line, with a cement capacity of 4.5Mta, at the end of October, according to local media. Upon completion, the production line will increase the company’s total capacity in Ha Nam province to 10Mta. The 2.3Mta Long Thanh project is also expected to be commissioned this year. It will add to an already-high cement supply in the 64Mta market. |
thyssenkrupp Industrial Solutions wins Prepol® SC order10 August 2022, Published under Cement Newsthyssenkrupp Industrial Solutions’ Asia Pacific region has won a contract to supply a supply a prepol ® SC combustion chamber for a cement plant in South Korea. The scope of the contract includes engineering, mechanical equipment and some modifications to the preheater tower. The commissioning of the system is planned for the end of 2023. thyssenkrupp Industrial Solutions’ Regional CEO, Lukas Schoeneck, commented: “The current turbulences on the coal market create a lot of pressure i... |
South Korea's cement prices rise again04 August 2022, Published under Cement NewsCement prices in South Korea will rise for a second time this year, leaving ready-mix concrete producers to find ways to lessen the impact, reports Korea JoongAng Daily. Sampyo Cement will increase the price of cement by 11.7 per cent to KRW105,000/t from September. Buyers of Hanil Cement ’s product will pay out 15 per cent more at KRW106,000/t. Sampyo Cement increased its prices by 19 per cent in February 2022, along with Sungshin Cement, SsangYong Construction and Engineering and Ha... |