Cement News tagged under: Southeast Asia
Taiheiyo Cement Phillipines inaugurates Cebu plant22 July 2024, Published under Cement NewsA PHP12.8bn (US$219.25) cement plant has been opened in San Fernando, Cebu, in the Philippines by Japan-based Taiheiyo Cement . The inauguration marks a substantial investment for Taiheiyo Cement Philippines Inc (TCPI) and the country’s infrastructure ambitions. “Taiheiyo’s new San Fernando plant will increase the Philippines’ cement production by 3Mt annually, reducing our dependence on imports,” Trade Secretary Alfredo Pascual announced. “This investment aligns with the government’... |
Singapore's first electric concrete mixer truck arrives at Pan-United22 July 2024, Published under Cement NewsSingapore-based concrete supplier Pan-United Corp Ltd has unveiled the country's first fully-electric concrete mixer truck, highlighting its commitment to sustainability. The adoption of electric vehicles (EVs) represents a milestone in the company’s efforts to become a carbon-neutral ready-mix concrete company by 2050. The electric mixer truck will reduce the carbon footprint associated with the haulage of concrete by 45 per cent, compared to a vehicle using fossil-fuel. Furthermore,... |
Indonesian sales slip in June but see growth in 1H2419 July 2024, Published under Cement NewsThe latest data from BPS-Statistics, Indonesia's official statistics office, shows a decline in the country's cement demand, which is likely to be a small seasonal correction. Regionally the results are mixed and for the year to date there remains a slight increase in cement consumption. Cement sales in Indonesia amounted to 5.353Mt in June 2024. This is a decrease of 1.2 per cent YoY compared to the 5.418Mt reported a year earlier. Local dispatches in Bali-Nusa Tenggara during June rose 4.... |
Cemex Philippines begins its integration with DMCI18 July 2024, Published under Cement NewsDMCI Holdings Inc is gradually integrating its business with cement producer Cemex Holdings Philippines Inc , initially through the company’s power unit. In a stock exchange filing on Monday, 15 July, Cemex announced that its subsidiary, APO Cement Corp , has signed a retail supply agreement with SEM Calaca RES Corp, the retail power supply arm of Semirara Mining and Power Corp. According to Cemex, the contract will lapse on 25 December 2024. A source close to the deal said the ag... |
Alpha Cement plant attacked in Myanmar18 July 2024, Published under Cement NewsA cement factory near Mandalay, Myanmar, was attacked by Junta troops who attempted to burn it down as they fled a successful assault by resistance forces last weekend, according to a spokesperson for the Mandalay People’s Defence Force (MDY-PDF). Fighting for control of the Alpha Cement plant, located about 10 miles north of Mandalay, near the village of Aungthapye in Madaya Township, began late last week, said Myanmar Now. “As the enemy withdrew, they set fire to buildings inside t... |
New power supply agreement promises reduced costs for Cemex Holdings Philippines17 July 2024, Published under Cement NewsCemex Holdings Philippines (CHP) announced on Monday, 15 July that its subsidiary, Apo Cement Corp , has signed a supply contract with Semirara Calaca Reserve Corp to provide 44MW of electricity for Apo’s cement plant in Naga, Cebu . Led by Isidro A Consunji, DMCI Holdings Inc bought CHP earlier this year for US$305.6m, looking to turn a profit after a PHP2bn (US$34.24m) loss in 2023. CHP subsidiaries Apo Cement and Solid Cement agreed for the assignment of trademarks with Cemex ... |
Pan-United Corp appoints executive chairman, CEO and director positions16 July 2024, Published under Cement NewsSingapore-listed concrete producer, Pan-United Corp Ltd has appointed May Ng as executive chairman of the Board of Pan-United, and the appointment of Ken Loh as CEO of Pan-United. Both will relinquish their positions as Pan-United's CEO and COO, respectively, and assume their new appointments with immediate effect. Ms Ng succeeds Tay Siew Choon, who retired as a director of Pan-United in April 2024. The Board of Directors thanked and recorded their deepest gratitude and appreciation to Mr... |
Siam Cement Group awards CCU project to JSC Co05 July 2024, Published under Cement NewsSiam Cement Group – Cement and Green Solution Business (SCG-CGS) has awarded Japan Gasoline Co (JGC) of Japan the pre-feasibility study for a CO 2 capture and utilisation (CCU) facility for its cement plants. The study for the awarded CCU facility calls for selection of the technology licence for CCU, evaluation of the required production capacity of CO 2 capture facilities and chemical plants, as well as assessment of economic feasibility, to construct a CCU facility for the capture of... |
Vietnam cement exports drop 10.8% in 1H2402 July 2024, Published under Cement NewsBetween 2019 and 2022, the average export value of cement and clinker ranged from US$1bn to US$1.3bn annually. However, in 2023, export earnings sharply declined due to falling prices. The average Free On Board (FOB) price of clinker fell to US$31-32/t in May 2024, a notable decrease from US$46-48/t in 2022. The country’s Ministry of Construction (MoC) cited an increase in the tax on clinker exports, from five to 10 per cent as of 1 January 2023, as a key factor making Vietnamese clinker... |
Vietnam YtdD cement sales disappoint26 June 2024, Published under Cement NewsTotal Vietnam cement sales, including domestic and export, for May amounted to 7.873Mt, down 7.8 per cent MoM from 8.541Mt in April but up 2.6 per cent YoY from 7.678Mt in May 2023, according to the Vietnam National Cement Association (VNCA). Domestic sales in Vietnam fell 6.7 per cent MoM to 5.317Mt in May from 5.699Mt but were up 5.4 per cent YoY compared to the 5.044Mt reported in May 2023. Of the total, VICEM companies reported domestic sales rising five per cent compared to a ye... |