Cement News tagged under: Southeast Asia

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FLSmidth wins US$56m Asian greenfield order

04 July 2022, Published under Cement News

FLS has won an order for an undisclosed Asian greenfield cement plant. The order is valued at more than DKK400m (US$55.8m) and has been booked in 2Q22. The equipment will be supplied during 2023. The contract includes an FLSmidth OK TM Raw Mill, OK TM Cement Mill and Low NOx ILC preheater, which are flagships in FLSmidth’s MissionZero programme for Cement. "This project showcases FLSmidth’s ability to deliver energy efficient technologies across the full cement flowsheet...

Dai Duong Lines 3 and 4 under review

22 June 2022, Published under Cement News

Vietnam’s Ministry of Construction has proposed Thanh Hoa’s provincial authority to review the construction of Lines 3 and 4 of Dai Duong JSC to avoid a glut in supply, according to local media. The approval of the new lines will raise the country’s cement capacity to 150Mta by 2025, surpassing the government target. The provincial authority also has to seek consultation from the ministry for the project. In 2020-21 the cement company started construction on Lines 1 and 2 at Nghi Son eco...

Vietnamese cement market contracts 8% in May

21 June 2022, Published under Cement News

Cement sales in Vietnam declined by eight per cent YoY and by five per cent MoM to 5,655,119t in May 2022, according to the Vietnam National Cement Association (VNCA). Of this total VICEM saw its sales contract by two per cent YoY and seven per cent MoM to 1,967,271t. Other VNCA member companies reported a 10 per cent YoY and seven per cent MoM decline with sales of 1,387,848t. In addition, other, non-affiliated producers saw their sales fall by 11 per cent YoY and three per cent MoM to 2,...

Vietnam continues to dominate imports in the Philippines

07 June 2022, Published under Cement News

Vietnam’s dominance of cement imports in the Philippines continues to cause concern for local producers. With local demand expected to reach 66Mt in 2025, the Cement Manufacturers Association of the Philippines (CeMAP) has revealed data showing that Vietnamese cement accounts for the bulk of cement imports while deliveries from the rest of the world continue to shrink, according to the Manila Bulletin.   In 2021 the Philippines imported 7.107Mt of cement, of which Vietnam accounted for 6....

Vietnamese cement deliveries decline 9% in April

30 May 2022, Published under Cement News

Total cement deliveries in Vietnam fell nine per cent to 5,968,302t in April 2022 when compared with April 2021 and decreased 16 per cent when compared with March 2022, according to the Vietnamese National Cement Association (VNCA). VICEM sales volumes during the month decreased six per cent YoY and 18 per cent MoM to 2,121,931t while sales by other VNCA members saw their sales fall by 10 per cent YoY and 15 per cent MoM to 2,121,931t. Other, non-affiliated cement producers posted a 11 per c...

Eagle Cement Corp 1Q net profit slips 3%

26 May 2022, Published under Cement News

Philippines-based Eagle Cement Corp reported a three per cent decrease in net income to PHP1.66bn (US$31.674m) in the first quarter of 2022 from PHP1.72bn in the equivalent period of 2021. The company’s sales advanced 30 per cent from PHP5.3bn in the 1Q21 to PHP6.83bn in the 1Q22 as historically high quarterly sales volumes combined with higher average cement prices. In addition, its subsidiary Solid North Mineral Corp contributed extra revenue. Gross profit was PHP2.59bn, up 11 per ce...

Howden opens new Hanoi office

25 May 2022, Published under Cement News

Howden has opened a new office in Hanoi, Vietnam. The new office complements Howden's existing location in Ho Chi Minh City and brings greater access to the company’s procurement, quality control, technical assistance and project execution in northern Vietnam. This move brings Howden experts closer to hand for vital industries and supports Howden’s original equipment manufacturer (OEM), aftermarket (AFM), and retrofit expertise. Camille Levy, president of the Asia-Pacific Region at Howde...

CMS sees 1Q revenues up by 6%

23 May 2022, Published under Cement News

Malaysia-based Cahya Mata Sarawak Berhad (CMS) reported a revenue of MYR214.04m for the first quarter ended 31 March 2022, up six per cent YoY from MYR202.06m. Profit before tax improved to MYR83.86m in the 1Q22 from MYR82.56m in the 1Q21 due to a better performance by the Cement and Road Maintenance businesses and a higher share of results of associates by MYR15.42m. Although higher raw material costs and global supply chain constraints challenged the company’s operations, key initiat...

thyssenkrupp Industrial Solutions and VIBM sign MoU

16 May 2022, Published under Cement News

thyssenkrupp Industrial Solutions Vietnam and the Vietnam Institute of Building Materials (VIBM) have signed a Memorandum of Understanding (MoU) on cooperation between both parties on the research and application of new technologies in cement manufacture.   At the ceremony, Lukas Schoeneck, CEO of thyssenkrupp Industrial Solutions Vietnam, reaffirmed his commitment to collaborate with VIBM under the guidance of the Deputy Minister of Construction, Nguyen Van Sinh, to transit the cemen...

VICEM goes for green

29 April 2022, Published under Cement News

Vietnam Cement Corp (VICEM) has used the COVID-19 period to increase its use of alternative fuels and waste raw materials. ICR highlights Tai Nguyen and Moi Truong's recent report on the projects that have seen the Vietnamese cement company reduce its production costs and its CO2 emissions over the last three years. VICEM started testing the treatment of ordinary industrial waste as an alternative fuel from the end of 2019. Since 2020 the company has treated waste, mainly from the leather...