Cement News tagged under: Southeast Asia
Further price hikes coming for Malaysia's cement industry03 August 2021, Published under Cement NewsMalaysia's cement sector is expected to see further cement price hikes, according to AmBank Research. AmBank Research also projects the average net cement selling price in Peninsular Malaysia to rise marginally by two per cent to MYR240/t (US$56.8/t) in 2021 against an estimated price of MYR235/t in 2020. The research house believes that the conditions are conducive for further price hikes with the emergence of a price leader in the market (controlling close to 60 per cent of total ... |
Holcim Philippines reports successful 1H2102 August 2021, Published under Cement NewsHolcim Philippines posted net sales of PHP13.661m in the first half of 2021, up 19.6 per cent when compared with PHP11.419m in the 1H20. Operating EBITDA increased to 3.151m in the 1H21 from PHP1.705m from the year-ago period while operating EBIT surged from PHP814,033 to PHP2.228m. Net profit in the 1H also surged from PHP413,834 between January-June 2020 to PHP1.631m in the January-June 2021 period. The company attributed its performance to improved market conditions along with consi... |
Vietnamese cement market expands 14% in June27 July 2021, Published under Cement NewsCement demand in Vietnam rose 14 per cent YoY to 6,095,139t in June 2021 but decreased six per cent when compared with May 2021, when 6,469,659t was supplied to the domestic market, according to the Vietnam National Cement Association (VNCA). Of this total VICEM advanced sales by nine per cent YoY to 1,853,650t in June 2021 but when compared with May 2021, sales dipped eight per cent from 2,013,474t. VICEM affiliates saw sales increase by five per cent YoY to 1,434,489t but reported a seve... |
Indonesian cement consumption up 19% YoY in May01 July 2021, Published under Cement NewsIndonesian cement demand decreased by 1Mt to 3.68Mt in May 2021 when compared with the previous month, according to the Indonesian Cement Association (ASI). However, when compared with May 2020, sales increased 19.2 per cent as COVID-19 and holidays affected demand, said ASI Chairman Widodo Santoso. Growth was particularly strong in the Sulawesi market, where demand was up 64 per cent YoY to 457,000t, representing a gradual recovery from a 11.8 per cent fall in 2020. Maluku and Papua r... |
Indonesian cement exports see 119% YoY rise in 5M2101 July 2021, Published under Cement NewsWhile cement exports from Indonesia decreased from 1.2Mt in March and April to 1Mt in May, the January-May 2021 volume saw a 119 per cent YoY rise to 5.69Mt, according to the Indonesian Cement Association (ASI). Around half of exports were shipped to Bangladesh while China accounted for an offtake of 740,531t, or 13 per cent, in the first five months of 2021. Taiwan, the Philippines and Australia each had a share of eight per cent of the total export volume. Sri Lanka has a three per ... |
Siam Cement Group targets digital platform and machine efficiency upgrades23 June 2021, Published under Cement NewsSiam Cement Group (SCG) is maintaining its investment budget at THB65-75bn (US$2.04m-2.36m) for the second half of this year even though the third wave of the pandemic has damaged its businesses. The company is focusing on digital platforms and is asking the government to support e-commerce and other measures to deal with the pandemic. "Businesses must brace for changes caused by virus spread," said Roongrote Rangsiyopash, SCG president and CEO. SCG plans to spend most of ... |
Lami cement plants warned of need for local correspondence on emissions14 June 2021, Published under Cement NewsCement companies in Lami, Fiji, have been urged to hold virtual meetings with the residents. Permanent Secretary for Environment, Joshua Wycliffe, says this will ensure that the companies are in regular talks with the residents, so their concerns do not fail to get attention during these challenging times. Mr Wycliffe says there have been resurgent reports indicating clinker emissions in the airspace in Lami. He adds they are in touch with the cement companies clearly instructing them tha... |
Scheuch announce new Asia MD11 June 2021, Published under Cement NewsMirko Köhler will become Scheuch Asia's managing director in mid-June 2021. He takes over from Jan Eike Graeff, who has successfully managed Scheuch Asia since 2019. German-born Mirko Köhler is currently Asia-Pacific regional manager for a German industrial fire protection company. The introduction of complex European technologies into Asian industrial processes are among his expertise. "Southeast Asia has become my second home after 16 years," says Mr Köhler. "I feel very connected t... |
Semen Padang sees 31% jump in exports to Bangladesh and Sri Lanka08 June 2021, Published under Cement NewsSemen Indonesia Group subsidiary PT Semen Padang increased its cement and clinker exports to Bangladesh and Sri Lanka by 30.5 per cent YoY to 208,806t in April 2021, up from 160,000t in April 2020. The company exported 38,471t of OPC to Sri Lanka and 170,389t of clinker to Bangladesh, according to Rahman Kurniawan, group head of sales for Semen Indonesia Group in Padang, Indonesia. “In the January-April 2021 period, PT Semen Padang has exported 825,400t of cement and clinker to Banglades... |
Vietnam's cement exports surge while domestic prices rise01 June 2021, Published under Cement NewsVietnam's Department of Building Materials, Ministry of Construction, reports that in the first four months of 2021, the country’s consumption of cement products is estimated to reach 34.58Mt, up 16.5 per cent YoY. Domestic consumption accounted for around 19.44Mt, a slight increase over the same period last year, while cement exports surged to 65 per cent over 2020 to 15.14Mt. Besides gains in consumption, many cement companies also raised product prices. Accordingly, Vicem Hoang Ma... |