Cement News tagged under: South East Asia
Insee Cement steps up raw material unloading27 July 2021, Published under Cement NewsThe Hambantota International Port (HIP) recorded its highest discharge levels of bulk cargo recently, when a shipment of gypsum consigned to Insee Cement was unloaded at a rate of 24,000tpd by port operations. Thusith Gunawarnasuriya, director procurement and logistics of Insee Cement, says this was an extraordinary achievement for a Sri Lankan port in terms of speed and efficiency. "As the No 1 cement manufacturing company in Sri Lanka, we import raw materials in large vessels. B... |
La Union plant receives ISO Certifications08 July 2021, Published under Cement NewsThe Holcim Philippines La Union plant has successfully secured the latest ISO certification for occupational health and safety management systems, and is being recertified for high standards of quality and environmental management. Holcim La Union was certified for ISO 45001: 2018 for Occupational Health and Safety Management System and recertified for ISO 9001: 2015 (Quality Management System) and ISO 14001:2015 (Environmental Management System). The certification body was the TUV Rhe... |
Sinoma signs EPC contract for La Union renovation project07 July 2021, Published under Cement NewsSinoma Construction and Holcim Philippines have signed a cloud contract for the renovation of the La-Union cement plant. The signing ceremony took place simultaneously in Beijing, China and Manila, Philippines. The engineering procurement contract (EPC) project is located in Bacnotan, North Luzon, Philippines, about 307km away from the company's Cemex Solid K4 clinker line project. The signing of the project has laid a good foundation for the company to expand Holcim’s busines... |
FCT Combustion appoints new Asia-Pacific CEO27 April 2021, Published under Cement NewsAndy Bailes has been announced as the new CEO of FCT Combustion (Asia-Pacific). Andy joins FCT after almost 30 years at Metso in Australia, having spent 10 years as General Manager – Engineered Product Services where he was responsible for managing a large team covering proposals, sales, technical, commercial and contractual obligation of the EP Products (grinding, pyro, process & BMH) Group within ANZ region. "I am excited to welcome Andy to the FCT team," said Con Manias, executive chai... |
SCG reports 4Q20 profits of THB8048m18 February 2021, Published under Cement NewsSCG reported 4Q20 profit of THB8048m (US$261.8m), a decrease of 17 per cent QoQ. EBITDA fell by four per cent QoQ to THB18,300m, largely from reduced cement building materials performance resulting from a continued economic slowdown due to COVID-19, heavy rainfall and floods in the region, and recognition of CBM’s asset impairments in 4Q20 from Myanmar and Indonesia cement operations. Sales revenue decreased by four per cent QoQ to THB97,250m from seasonally weak cement demand, effect fro... |
Philippine Tariff Commission questions DTI's October import duty rise30 December 2020, Published under Cement NewsThe Tariff Commission, in the Philippines, has questioned the decision of the Department of Trade and Industry (DTI) to increase the definitive safeguard duty on imported cement by PHP0.80 to PHP9.80/40kg bag (US$0.016-0.23/40kg bag) starting in October 2020. Ernesto Albano said the three-year schedule of safeguard tariff implementation should be followed according to the law. The safeguard tariff was supposed to drop from PHP10/40kg bag in the first year of implementation to PHP9/bag in ... |
Indonesian industry to face continued overcapacity challenge26 November 2020, Published under Cement NewsThe COVID-19 pandemic has seen Indonesian cement sales drop throughout most of 2020 with October sales down 9.7 per cent YoY. Moreover, demand is predicted to fall 11 per cent YoY by the end of the year, according to PT Indocement Tunggal Prakarsa Tbk. However, the industry is currently challenged by considerable overcapacity. In 2020 total domestic cement capacity is 116.4Mta with a plant utilisation of 54.6 per cent, supplying a domestic market of an estimated 63.6Mta. Competition is e... |
LafargeHolcim India head joins Executive Committee09 August 2016, Published under Cement NewsLafargeHolcim made the decision to induct Head of LafargeHolcim India, Martin Kreigner, into the Executive Committee of the group, giving him additional responsibilities in southeast Asia. Mr Kreigner will be based out of Mumbai. These recent changes to the executive committee reflect the group and its portfolio’s evolution following divestments and integration, LafargeHolcim said in in a statement. The restructuring of operations reveals the growing importance of Indian business. Lafa... |
Siam City Cement acquires Cemex Bangladesh28 July 2016, Published under Cement NewsSiam City Cement, one of Thailand’s largest cement producers, acquired Cemex Cement Bangladesh Ltd on Tuesday. The Cemex operations are now known as Siam City Cement (Bangaldesh) Ltd. A statement released by the company read, “Siam City Cement (Bangladesh) Limited aspires to bring regional experiences from the past and would like to shake hands with the potential prospects of the Bangladeshi Cement market. It believes in cementing relationship with all the relevant stakeholders and would l... |
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