Cement News tagged under: ASEAN
Indonesia: robust monthly cement sales gains19 February 2016, Published under Cement NewsOfficial Indonesia cement industry statistics for January 2016 show robust gains in domestic demand and exports compared to the previous year. Local cement consumption in January 2016 climbed 4.4 per cent to 5.14Mt. Monthly consumption was up in all but two regions: • Java (+5.3 per cent) • Sumatra (15.8 per cent) • Sulawesi (+19.0 per cent) • NT (+1.6 per cent) • Kalimantan (-30.6 per cent) • Maluku & Irian Jaya (-13. per cent) Including cement exports of 33,926t (+371.2 p... |
Philippines: double-digit rise in cement sales04 February 2016, Published under Cement NewsCement sales in the Philippines increased by a strong 14.4 per cent YoY in 2015 to 24.36Mt, according to figures by the Cement Manufacturers' Association of the Philippines (CeMAP). CeMAP president Ernesto Ordoñez said the increased sales was brought about by the large budget by Public Works Department for infrastructure development, private sector confidence in government and new housing projects with low interest rates. Favourable weather conditions with reduced rains during the year a... |
SCC Cement-Building Materials division facing near-term challenges19 January 2016, Published under Cement NewsSiam Cement Co (SCC) is expected to report good fourth-quarter earnings, but its Cement-Building Materials' (CBM) division is expected to come under pressure from depreciation expenses related to Asean cement plants and weaker consumption in its home market of Thailand, Bualuang Securities writes. The research house expects SCC to report a consolidated 4Q15 net profit of THB9.5bn, up eight per cent YoY and six per cent QoQ. The assumed YoY increase is due mainly to stronger Chemicals pe... |
Vietnam: MoC forecasts 2016 sales rise of 4-7%26 November 2015, Published under Cement NewsVietnam's sales of cement and clinker are predicted to rise 4-7 per cent YoY in 2016 to between 75-77Mt, according to forecasts by the country's Ministry of Construction (MoC). Of the total sales, domestic shipments are expected to account for 59-60Mt and exports 16-17Mt, the Xay Dung online newspaper cited the ministry as saying Wednesday. In the first 10 months of this year, dispatches totalled 58.6Mt, meeting 80 per cent of the full-year target. Domestic shipments amounted to 45.51M... |
Vietnam output reaches 54.8Mt in first 10 months02 November 2015, Published under Cement NewsVietnam is estimated to have produced 54.8Mt of cement in the first 10 months of this year, up 10.4 per cent from a year ago, the government-run General Statistics Office said. The figures include an output of 6.1Mt in October, an increase 10.8 per cent. In the first nine months, the country’s cement production hit 48.7Mt, according to the revised figure. Vietnam currently has 76 cement production lines with a combined annual output of 81.56Mt, data from the Ministry of Construction said.... |
ASI confident on Sept-Dec sales growth, Indonesia30 September 2015, Published under Cement NewsThe Indonesian Cement Association (ASI), is confident that sales will rise by 4-5 per cent beginning in September until December 2015. This optimism, according to association Widodo Santoso , is based on information that the million-house project as well as infrastructure projects outside Java have commenced. "An increase of four per cent is relatively easy to achieve. Last year, we didn't have infrastructure development outside Java," local press quoted him as saying on Monday. The ASI es... |
Vietnam monthly sales up by a quarter17 August 2015, Published under Cement NewsVietnam cement and clinker sales reached 6.5Mt in July, up 25 per cent YoY, the country's Association for Building Materials under the Ministry of Construction (MoC) announced. Of the total volume, 5.15Mt were sold at the domestic market, up 22 per cent YoY, while 1.35Mt (+37 per cent YoY). In the first seven months, Vietnam’s cement and clinker sales rose 10 per cent YoY to 40.98Mt, fulfilling 57 per cent of the year’s target, including 9.77Mt (+13 per cent YoY). The growth of cemen... |
Holcim Philippines net quarter down 7.5% YoY10 August 2015, Published under Cement NewsHolcim Philippines Inc said Monday second-quarter net profit was down 7.5 per cent YoY, hurt by rising expenses. Holcim said the April-June quarter net profit declined to PHP1.5bn (US$33.5m) from PHP1.65bn in the year-earlier period. Second-quarter revenue rose 6.8 per cent YoY to PHP9.42bn, around half the pace of the 12 per cent YoY increase in expenses to PHP7.29bn. In the first half, net profit was down 8.9 per cent YoY to PHP3.03bn even as revenue increased 7.3 per cent to PHP18.10... |
Indocement plans to close three inefficient lines, Indonesia10 August 2015, Published under Cement NewsIndocement Tunggal Prakarsaplans, part of the HeidelbergCement Group, plans to discontinue production activities of lines P1, P2, and P6 at its flagship Citeureup works, Indonesia. "We seek to stabilise margins this year by shutting down factories that are not efficient, including factories P1, P2, and P6 in Citeureup with a total production capacity of 1.2-1.5Mta," Indonesia Finance Today quoted Christian Kartawijaya, President Director of Indocement as saying. Mr Kartawijaya said operati... |
Vicem half-year sales dip 0.5%, Vietnam22 July 2015, Published under Cement NewsVietnam Cement Industry Corporation (Vicem), the country’s leading state-owned cement producer, said its cement and clinker sales slipped 0.5 per cent to 10.73Mt in the first half of 2015. Of the volume, 9.58Mt were sold in the domestic market (+7.1 per cent YoY) while 1.15Mt were exported (-37.7 per cent). In the first half of this year, Vicem produced 8.36Mt of clinker and 9.2Mt of cement, rising five per cent and 6.1 per cent YoY, respectively. As of June 30, Vicem had 1.75Mt of ce... |