Cement News tagged under: Southeast Asia
Polysius name and brand returns to Indonesia with new office21 November 2022, Published under Cement NewsOn 15 November 2022, PT thyssenkrupp Polysius Indonesia held its new office inauguration at Tempo Scan Tower, 28th floor, JI.H.R. Rasuna Said No. 3-4, Jakarta, Indonesia. The inauguration ceremony was conducted in the presence of Lukas Schoeneck, regional CEO of Business Unit Polysius in Asia Pacific, as well as Ridwan Setiawan, country manager in Indonesia, who will lead the new office. Speaking at the event, Mr Schoeneck commented, “With this new office, we are celebrating the ret... |
INFORM to open new office in Singapore17 November 2022, Published under Cement NewsINFORM is expanding its international sales activities and services. With INFORM Software Pte Ltd, based in Singapore, the optimisation expert is expanding its presence in Asia. The partner organisation will take over sales and consulting as well as providing support for INFORM software for this region. With the new location in Singapore, opening on 23 November 2022, the software company is continuing on its international expansion journey. "We are further expanding our global network... |
Semen Indonesia improves 9M net profit and carbon performance02 November 2022, Published under Cement NewsIndonesia-based PT Semen Indonesia Group (SIG) posted a net profit of IDR1.65trn (US$105.7m) in the January-September 2022 period, up 18.9 per cent from IDR1.39trn in the 9M21. In the cement division, sales reached IDR22.678trn while other revenues reached IDR7.506trn. The group’s revenue in the nine-month period reached IDR25.28trn, a minor decrease of 0.2 per cent when compared with IDR25.330trn reported in the 9M21. The cost of revenue was at IDR17.94trn, up from IDR17.655trn in the y... |
Cement carrier sinks off the coast of Taiwan02 November 2022, Published under Cement NewsA search for 12 missing crew members continues off the coast of Taiwan after their cement carrier sank. The 10,000dwt Xing Shun No 1, built in 2014, sank on Monday, 31 October, on the east side of the Changhua channel in the Taiwan Strait. The Panama-flagged ship had 17 seafarers on board. Five seafarers who abandoned the vessel were successfully rescued, and the remaining 12 were still alive at that point, having made it to the lifeboats. Taiwanese authorities said two empty lifeboa... |
Vietnamese cement market expands 25% in September01 November 2022, Published under Cement NewsTotal cement dispatches in Vietnam surged by 25 per cent YoY to 4,631,353t in September 2022, according to data published by the Vietnam National Cement Association (VNCA). Of this total, VICEM sales were up 30 per cent YoY to 1,598,940t while other VNCA-affiliated cement companies reported a 59 per cent surge to 1,132,413t in September 2022 when compared with September 2021. Other cement producers in Vietnam saw dispatches rise more modestly at nine per cent YoY to 1.9Mt. The cement ass... |
Vietnam cement demand advances 37% in August31 October 2022, Published under Cement NewsCement consumption in Vietnam increased by 37 per cent YoY in August 2022, according to data published by the Vietnam National Cement Association (VNCA). VICEM sales improved by 39 per cent YoY to 1,555,599t in August, while VNCA-affiliated companies saw their combined sales surge by 68 per cent YoY to 10,150,041t. Vietnam’s other cement companies improved their dispatches by 23 per cent YoY to 1.97Mt. Meanwhile, total cement and clinker exports saw a 23 per cent contraction to 3,239,771t... |
Vietnamese cement producers come under pressure21 October 2022, Published under Cement NewsVietnam's cement sector has come under pressure from falling consumption, particularly in its key export markets. Exports of clinker and cement amounted to 24.7Mt in the first 9M22, down 25 per cent in volume and 14 per cent in value YoY, according to the Department of Building Materials (DBM) under the Ministry of Construction. The reasons for the decline in exports, which amounted to 46Mt in 2021, are evident. The two main receivers of Vietnam clinker and cement have reduced their impor... |
PT Semen Indonesia reports 2% drop in 1H revenues29 September 2022, Published under Cement NewsPT Semen Indonesia saw a 2.1 per cent slip in total revenues to IDR15.876trn in the 1H22 when compared with the year-ago period. The company attributed the decrease mainly to lower sales volumes, which were down by 12 per cent YoY to 16.957Mt. Domestic sales volumes were down 2.6 per cent YoY to 13.972Mt as demand contracted due to the Lebaran holidays after a two-year gap during the pandemic and a shift in spending priorities by local people. Regional sales volumes fell by 39.2 per cent... |
Holcim supports waste recycling in Philippines29 September 2022, Published under Cement NewsHolcim Philippines Inc and its waste management unit, Geocycle, pledged to support the municipalities of Binangonan, Cainta and Taytay in Rizal in managing their waste sustainably by converting it into low-carbon alternative fuels for cement production. The company has agreed with the three municipalities that the latter will transport up to 650tpa of non-hazardous and non-recyclable residual wastes (including plastics, laminates, textiles and rubber) to Holcim’s Bulacan plant for pre- a... |
Semen Indonesia integrates Semen Baturaja28 September 2022, Published under Cement NewsPT Semen Indonesia Tbk (SMGR) announced it will acquire 7.49bn shares, or a 75.51 per cent stake, of PT Semen Baturaja Tbk (SMBR). As a result, Semen Indonesia will become the owner of Semen Baturaja. The step is based on Indonesian Government Regulation No 33 of 2022, issued on 21 September, concerning the Addition of State Equity Participaton of the Republic of Indonesia into the Share Capital of the Company (Persero) PT Semen Indonesia Tbk. In the regulation nearly 7.5bn state-owne... |