Cement News tagged under: Chip Mong Insee Cement Cooperation

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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...

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 ...

New Cambodian plant due for year-end completion

10 July 2017, Published under Cement News

Chip Mong Insee Cement Cooperation is nearing completion of its new cement plant in Kampot province, Cambodia, according to local press reports. The US$262m factory with the capacity to produce 5,000tpd of cement is due to open by the end of the year, the Khymer Times reported. Chip Mong Group and Chip Mong Insee Cement signed a partnership agreement with China’s CITIC Heavy Industries Company to build the plant, construction of which began last year. Chip Mong Insee Cement Cooperation i...