Cement News tagged under: Southeast Asia
Borneo Oil increases investment in Sabah cement plant11 April 2022, Published under Cement NewsBorneo Oil Bhd increased its investment to MYR50.7m (US$12m) in Sabah’s first integrated clinker and cement plant, which is expected to be commissioned by the 3Q22. The plant is owned by Makin Teguh Sdn Bhd. Located in Lahad Datu the new plant has a capacity to produce 720tpd of Portland-grade cement. It is the first micro cement plant in Malaysia to use environmentally friendly technologies such as waste heat recovery and a fuel mix consisting of heavy fuel oil and biomass fuels including... |
South Korean producers aim to boost cement production07 April 2022, Published under Cement NewsSouth Korean cement companies have agreed to increased their production by 35 per cent for the next three months to ease concerns over a supply shortage amid the crisis surrounding Ukraine, the industry ministry said. During a meeting with government officials, seven major cement companies agreed to produce a combined 3.77Mt of cement in the 2Q22 up 35.7 per cent from the January-March period, according to the Ministry of Trade, Industry and Energy. The government also plans to provi... |
Cambodia produces 1.5Mt of cement in 2M2231 March 2022, Published under Cement NewsCambodia’s cement producers manufactured 1,524,248t of cement in January-February 2022, up by 2.1 per cent when compared with a production of 1,493,212t in the 2M21, according to Cambodia Cement Manufacturing Association (CMMA). Kampot Cement Co was leading the production rankings with an output of 420,736t, followed by Battambang Conch Cement Co with 349,500t and Chip Mong Insee Cement with 341,388t. Cambodia Cement Chakrey Ting Factory Co produced 217,656t while Thai Boon Roong ... |
Vietnam market expands 39% in February25 March 2022, Published under Cement NewsTotal domestic cement sales in Vietnam reached 3,538,333t in February 2022, up 39 per cent YoY but down 14 per cent when compared with January 2022, according to the Vietnam National Cement Association (VNCA). VICEM plants sold 1,119,190t, up 47 per cent YoY, while other VNCA members dispatched 799,143t, seeing their sales increase by 33 per cent YoY. Other cement producers in the country reported a 36 per cent YoY rise to 1,620,000t. Exports advanced by 33 per cent YoY but slipped two p... |
Feasibility study for Conch KT Cement plant in Kampong Speu completed24 March 2022, Published under Cement NewsConch KT Cement Co Ltd has completed a feasibility study on a cement plant planned for northwestern Kampong Speu province in Cambodia and is now working on the legal procedures to break ground, according to Vei Samnang, the provincial governor. The project represents an investment of more than US$250m, financed by China. The ~2Mta plant will be located in Monorom village, Horng Samnam commune in the southeastern corner of Kampong Speu’s Oral district. Conch KT Cement Co is a joint ventur... |
Holcim Philippines' net income reaches PHP2.6bn in 202124 March 2022, Published under Cement NewsHolcim Philippines ( Holcim group ) saw higher profits in 2021 as it shielded margins from higher costs by raising prices. Holcim Philippines President and CEO, Horia Adrian, said ‘cost mindfulness’ and a tighter focus on operations and innovation would protect the company’s bottomline through 2021. The company underscored growth last year despite challenges arising from lower demand during the pandemic and the surge in costs of energy and fuel that were key inputs in the production ... |
China Resources reports turnover of HKD44bn in 202124 March 2022, Published under Cement NewsChina Resources Cement announced consolidated turnover amounted to HKD44bn (US$5.62bn) in 2021, representing an increase of 9.7 per cent over the previous year. Profit amounted to HKD7.8bn, or a decrease of 13.3 per cent when compared with 2020. External sales volumes of cement, clinker and concrete reached approximately 81.3Mt, 3.3Mt, and 14.8Mm 3 , respectively, in 2021. The capacity utilisation rates of cement, clinker and concrete production lines were 93.6, 100.6 and 40.9 per cent, r... |
Malaysian raw material costs push up cement prices23 March 2022, Published under Cement NewsThe current cement price in Malaysia has been hiked due to increases in the cost of raw materials, especially coal in the international market, says Sharuddin Omar Hashim, Cement Industries of Malaysia Berhad (CIMA) . Coal prices have escalated by 30-40 per cent of the cost of cement production, which has necessitated the final product price rises. "Coal prices were previously in the range of US$60/t to US$70/t, but have now increased to US$200/t and could possibly reach up to US$400/... |
Cement producers raise prices in Vietnam18 March 2022, Published under Cement NewsCement manufacturers have raised prices by VND100,000-150,000 (US$4.40-6.60) /t, or by 5.5-8.3 per cent, in Vietnam, claiming production costs have risen. Ha Tien 1 Cement JSC, a subsidiary of the Vietnam National Cement Corporation ( VICEM ), announced a hike of VND100,000/t to VND1,800,000/t for its Vicem Ha Tien brand of packed cement with effect from 23 March. Hoang Long Cement JSC has increased its prices by VND120,000 and Thanh Thang Group Cement JSC has hiked the pri... |
Indonesian cement and clinker exports rise to record levels in 202111 March 2022, Published under Cement NewsIndonesia is rapidly expanding its cement and clinker export activities, with YoY volumes climbing by 25.2 per cent to reach a record 11.610Mt in 2021. By year end, cement exports grew by 46.6 per cent to 1.609Mt, while clinker volumes expanded by 22.3 per cent to 10.001Mt. Bangladesh and the Philippines were major clinker destinations, while cement destinations included Mauritius and the Maldives. |