Cement News tagged under: Malaysia

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Dynamis completes pryroprocessing orders

14 August 2014, Published under Cement News

Brazil-based Dynamis has carried out a number of key pyroprocessing projects for the global cement industry over the past year. Below is an update of the company's recent cement industry references including a number of projects in its domestic market as well as orders in USA, Europe and Southeast Asia. USA • Buzzi Unicem, Chatanooga plant: CFD study of injection point and secondary fuels increase. Sweden • HeidelbergCement, Degeham plant: existing main burner adaption with new b...

Tasek 2Q revenue lifted by domestic cement sales

07 August 2014, Published under Cement News

Tasek Corp Bhd reported a 20.78 per cent rise in revenue for the second quarter, driven by higher demand for cement in its domestic market of Malaysia. Revenue for the three months to the end of June 2014 reached MYR171.5m, compared with MYR142m a year earlier. The company said that the higher revenue was mainly due to higher domestic demand, while its concrete unit recorded an operating loss due to lower sales volumes which were partly offset by higher average selling prices. "Sales v...

RAM Ratings reaffirms Lafarge Malaysia rating

27 June 2014, Published under Cement News

RAM Ratings has reaffirmed the AA2/Stable/P1 ratings of Lafarge Malaysia Berhad's MYR350m (US$109m) Islamic Securities Programme (2010/2017). The ratings are premised on Lafarge Malaysia's strong business and financial profiles despite the entry of a new player, rising costs and pricing pressure. "Lafarge Malaysia delivered a positive performance in FY December 2013. Its revenue and pre-tax profit rose by four per cent and 10 per cent YoY respectively. Lafarge Malaysia's financial profile ...

CMS awards contract for new grinding plant

23 June 2014, Published under Cement News

Cahya Mata Sarawak Bhd's (CMSB) has contracted Christian Pfeiffer Maschinenfabrik GmbH to design and build its new cement grinding plant in Mambong, Sarawak. CMSB said its cement division had on Monday signed the engineering, procurement and construction (EPC) agreement with the German company, according to reports by The Star. Construction of the 1Mta grinding plant is expected to begin in July 2014. The facility includes a ball mill, high efficiency separator and two 10,000t concrete sil...

Malaysia: Narra Industries to buy preference share in Hume Cement

18 June 2014, Published under Cement News

Narra Industries Bhd, which is primarily an investment holding company for furniture and previously fibre cement, has won shareholder approval to diversify its business portfolio with new cement assets. The company will acquire concrete and cement assets from its sister companies under the Hong Leong Group. According to a filing with Bursa Malaysia, the vote was 99.08 per cent  in favour for the resolution of acquiring Hume Industries (Malaysia) Sdn Bhd, Hume Cement Sdn Bhd (HCement) and ir...

Gebr Pfeiffer awarded contracts in Turkey, Iraq and Malaysia

12 June 2014, Published under Cement News

Gebr Pfeiffer has been awarded new contracts for its grinding technology in Turkey, Iraq and Malaysia. Four mills for Elazig cement works in Turkey In Turkey, Bilim Makina Insaat Sanayi ve Tic A/S has placed another order for four mills for its cement works in Elazig, situated to the east of Ankara. The order covers an MPS 250 BK roller mill with a drive power of 500kW for coal grinding and two safety shut-off dampers. The mill is designed to yield 35tph of petcoke, with the material bei...

Lafarge Malaysia mulls export opportunities

26 May 2014, Published under Cement News

Lafarge Malaysia is exploring the possibility of exporting cement to other markets in Southeast Asia and around the Indian Ocean, its chief executive has said. Speaking to local press, Bradley Mulroney said the company is considering exporting to Myanmar, Sri Lanka, Bangladesh, Maldives, Mauritius, among other countries. However, he emphasised the company's commitment to serving Peninsular Malaysia. Last week, the country's leading cement producer reported a rise in revenue and net pro...

Higher sales boost Lafarge Malaysia 1Q14

23 May 2014, Published under Cement News

Lafarge Malaysia’s revenue for the 1Q14 was 4.9 per cent higher YoY to MYR676.6m (210.7m), mainly due to higher cement and aggregate sales volumes. Revenue growth was partially offset by lower sales in the aggregate and concrete division attributed to the completion of the KLIA 2 project, the group said in a statement. The group registered net profit of MYR97.2m for the quarter, a 32.4 per cent YoY increase, mainly as a result of higher revenue from its cement division. Compared to t...

Malaysia: YTL profit increases 40.5% YoY

22 May 2014, Published under Cement News

Malaysian construction conglomerate YTL Corp Bhd saw its profit increased 40.5 per cent to MYR1.93bn (US$601.7m) for the nine months ended 31 March 2014 compared to the same period of the previous year thanks to better performances from its cement, property development and investment and hotel divisions. Despite strong growth in its group profit, YTL’s revenue declined a marginal 1.9 per cent to MYR14.66n during the period under review from MYR14.95bn due to decreases in its construction a...

Contract for new CMS grinding unit set to be signed

16 May 2014, Published under Cement News

The contract for CMS Cement’s new MYR190m grinding plant project on Sarawak, Malaysia, is due to be signed early next month, according to group managing director, Richard Curtis. Speaking to The Star (Malaysia), Mr Curtis said the new 1Mta grinding plant  is expected to be more efficient in production compared with the two existing plants as it would be equipped with the latest technology. The grinding facility is to be situated adjacent to CMS’ Mambong clinker line which has also recently...