Cement News tagged under: Cambodia

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Quarry accident at Thai Boon Roong Cement

02 June 2020, Published under Cement News

Two men have been crushed by falling rocks after an explosion at the quarry of Thai Boon Roong Cement in Kampot province, Cambodia. The accident happened at La’ang commune’s La'ang village in Dang Tong district. District deputy police chief Men Ly said the victims, 29-year-old Kun Ral and 33-year-old Nheb Sarun, were cousins from Kandorl commune’s Damnak Trach village in Teuk Chhou district. Both men worked for Thai Boon Roong Cement Co Ltd.

China: outward bound

23 March 2020, Published under Cement News

China’s Belt and Road Initiative (BRI) is now an integral part of the country’s overseas expansion policy. Since its inception in 2013, the BRI has been one of the essential vehicles driving the global spread of Chinese technology and providing a platform for corporate cement and construction giants to enter new markets. ICR takes a look at the initiative’s progress to date and the impact on China’s cement industry, as its shifts from its purely domestic production base to establishing its p...

Cambodia has not yet seen a slowdown in cement sales over COVID-19

19 March 2020, Published under Cement News

The coronavirus has not had a significant impact on the cement and other construction material markets in Cambodia, which are retaining strong demand at present. The Cambodian construction sector reports no slowdown in demand because of the COVID-19 pandemic, while cement prices are holding up. "Demand remains strong for cement and building materials due to infrastructure development, urbanisation, long-term investment, and family and population growth. We believe the Cambodian economy wil...

SCG sees 14% revenue increase from Cambodian operations

04 February 2020, Published under Cement News

Thailand's Siam Cement Group has reported a 13.9 per cent YoY increase in sales revenue from its Cambodian operations in 2019, rising to US$451m from US$396m in the previous year. In the final quarter of 2019, sales advanced 17 per cent YoY to US$114m, driven by its cement and construction materials business, according to a press release. "Cambodia's economy continued to achieve robust growth during the fourth quarter of last year. The construction sector remained healthy thanks to publi...

Chip Mong INSEE Cement and Siam City Cement launch waste manufacturing facility

18 December 2019, Published under Cement News

Chip Mong INSEE Cement Corp has launched a new industrial waste manufacturing facility in Banteay Meas district, Kampot province, Cambodia. The new unit can process 10tph of industrial waste and more than 7000tpm. The new facility is a joint venture between Chip Mong Group, which holds 60 per cent of shares, and Thailand's Siam City Cement Corp, which has a 40 per cent stake in the project. According to Leang Khun, chairman of Chip Mong Insee Corp, the Chip Mong Ecocycle investment cost U...

Thai Boon Roong Cement plant is inaugurated

15 November 2019, Published under Cement News

Cambodia inaugurated its fifth cement plant yesterday when Thai Boon Roong Cement plant's start-up was celebrated in southwest Kampot, Cambodia. The US$110m intergated cement plant will add 1Mta or 2500tpd to the country's cement capacity.  The plant is built on 678ha of land. The inauguration was carried out by Prime Minister, Samdech Techo Hun Sen, who said  "It is the fifth cement plant in Cambodia, bringing the total cement production capacity in the kingdom to about 8Mta." Minister of...

Thai Boon Roong Cement set to inaugurate new 3500tpd plant

17 October 2019, Published under Cement News

Cambodia’s Thai Boon Roong Cement Co Ltd is expected to inaugurate its new 3500tpd facility in Dang Tong district, Kampot, next month. As Kampot’s fourth cement plant, the province’s production capacity will rise to 17,000tpd and bring the country’s total domestic capacity to 8Mta, according to the Phnom Penh Post. "This yield will contribute to reducing imports from abroad and creating jobs for the local people," said Cheav Tay, provincial governor. Chip Mong Insee Cement Corp’s Public...

Siam Cement Group Cambodian sales revenues top US$226m in 1H19

31 July 2019, Published under Cement News

Siam Cement Group Public Co (SCG) announced sales revenues of US$226m in Cambodia in 1H19, an increase of 11 per cent on 1H18, mainly due to higher cement sales. SCG raised US$116m in the 2Q19 with the help of the company's recently launched Interior Solution scheme to design and provide material specification services for residential and commercial buildings. Currently, the construction sector is booming in Cambodia. A total of 2047 construction projects worth US$3.39bn were approved in ...

Cambodian cement demand expected to rise

15 July 2019, Published under Cement News

Cambodia's construction sector is seeing demand for cement and brick rise by some 10 per cent in 1H19 and cement producers are forecasting a strong 2H19. Chip Mong INSEE Cement Corp has increased its cement supply by 10 per cent compared to the 1H18 said Tieng Vichea, the company's public and government relations manager. However, cement producers have not driven through large price increases. "Our selling prices in the first half of this year changes very similarly to production costs ove...

Chip Mong Insee Cement achieves 26% market share in Cambodia in first year

28 February 2019, Published under Cement News

After just one year of operations, Chip Mong Insee Cement Corporation (CMIC) has achieved a 26 per cent of market share in Cambodia, company representatives said. Speaking at the company's one-year anniversary celebration, Aidan Lynam, CEO of CMIC, said the secret to its success is the focus on quality. "It is estimated that 8Mt of cement are consumed every year [in Cambodia]. After a full year of operations, we are supplying 1.6Mt, roughly 26 per cent of the total supply. Our strategy is ...