Cement News tagged under: Southeast Asia
Vietnam cement sales contract 16% in 202324 January 2024, Published under Cement NewsCement sales in Vietnam declined by seven per cent to 5,295,422t in December 2023, reports the Vietnam National Cement Association (VNCA). Of this total, 1,567,174t of cement was sold by VICEM, which saw sales drop by 13 per cent YoY, while other VNCA members sold 988,248t, 17 per cent less than in December 2022. Non-affiliated cement companies saw their sales edge up by one per cent YoY as they dispatched 2.740,000t. Total exports in December 2023 declined by 16 per cent YoY to 2,571,584t... |
Thailand’s low-carbon transition22 January 2024, Published under Cement NewsThailand’s plan to accelerate state investment despite high debt levels is expected to result in favourable construction growth. Meanwhile, the country’s cement industry is in the midst of transforming itself into low-carbon production base using decarbonisation tools already available to the sector as well as exploring emerging solutions. Public investment is projected to remain a key driver, increasing over the next few years in line with the government’s infrastructure plans (© ... |
Vietnamese market contracts 15% in November27 December 2023, Published under Cement NewsCement dispatches in Vietnam declined by 15 per cent YoY to 4,965,222t in November 2023, according to the Vietnam National Cement Association, VNCA. Of this total, 1,525,967t was delivered by VICEM, which saw its shipments down by 15 per cent. Other VNCA members supplied 939,255t, down 20 per cent YoY, while non-members saw a 13 per cent drop in deliveries to 2,500,000t. Total exports slipped by three per cent YoY to 2,503,749t in November 2023. Clinker exports dropped 22 per cent YoYt to ... |
First Graphene successfully completes Phase 2 Trial at Breedon Cement29 November 2023, Published under Cement NewsFirst Graphene has successfully completed the second phase of graphene-enhanced cement trials in collaboration with Breedon Cement Ltd at the cement producer’s Hope Cement Works. The Phase Two trials used 4t of grinding aid containing PureGRAPH ® to produce an additional 600t of graphene-enhanced cement at the production scale. The focus was on the optimisation of dosing methods at an increased graphene loading level, with the resulting formulation change in the grinding aid. The stage bu... |
Vietnamese cement market contracts 18% in October24 November 2023, Published under Cement NewsCement sales in Vietnam declined by 18 per cent YoY to 4,725,367t in October 2023 when compared with October 2022, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM sales fell by 18 per cent YoY to 1,481,781t while other VNCA members sold 893,586t, down 26 per cent YoY. Non-VNCA members saw sales of 2,350,000t, a decrease of 16 per cent when compared with sales in October 2022. In terms of exports, total volumes were up 26 per cent YoY to 2,661,519t in Octob... |
Thailand pins hopes on Land Bridge Project21 November 2023, Published under Cement NewsThailand’s economy grew much slower than expected in the third quarter of 2023. According to the country’s National Economic and Social Development Council (NESDC), GDP expanded by just 1.5 per cent over the three-month period, significantly lower than the 2.4 per cent growth estimated by Reuters. The disappointing result, which marks the slowest quarterly expansion this year, is being attributed to poor exports and government spending. TPI Polene also cited Thailand’s manufacturing ... |
Hume Cement sees return to profit in 1QFY23-2417 November 2023, Published under Cement NewsMalaysia-based Hume Cement reported a MYR48.33m net profit for the 1QFY23-24, ended 30 September 2023 versus a net loss of MYR12.04m in the year-ago period. Revenues advanced to MYR306.66m in the 1QFY23-24 from MYR206.79m in the 1QFY22-23. The increase was attributed to a revision in the selling price of cement to help offset the rise in energy costs and the higher cement sales volume as the construction sector recovered. Looking ahead, the company forecasts the construction sector to co... |
Indonesia’s increased 9M23 demand sees positive results for key producers03 November 2023, Published under Cement NewsIndonesian cement consumption increased 4.4 per cent YoY and 2.7 per cent MoM to 6.12Mt in October 2023, as infrastructure projects in Sumatra were completed and work progressed on the Indonesian National Capital (IKN) project in Kalimantan, according to the Indonesian Cement Association (ASI). In the first nine months of 2023, demand reached 45.3Mt. PT Semen Indonesia Tbk and Indocement Tunggal Prakarsa Tbk increased their market shares to 52.2 and 27.7 per cent, respectively. Semen... |
Holcim signs power agreement with Berde Renewables31 October 2023, Published under Cement NewsHolcim Philippines has signed a power purchase agreement with Berde Renewables, a distributed energy platform of I Squared Capital. Holcim will use solar rooftop projects on its Bulacan and La Union plants with a combined capacity of 5.5MWp and an annual generation of approximately 7.8GWh. Holcim Philippines president and CEO, Horia Adrian, said the project is a significant decarbonisation milestone, “reducing our carbon footprint by more than 20 percent since 2018, with our focus o... |
Vietnam’s cement market contracts 21% in 9M2323 October 2023, Published under Cement NewsCement sales in Vietnam dropped 21 per cent YoY to 4,031,951t in September 2023, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM reported sales of 1,188,851t, down 26 per cent YoY while other VNCA members saw an identical decline to 833,100t. Non-VNCA producers sold 16 per cent less with sales of 2,010,000t. Total exports increased 31 per cent YoY to 2,288,625t in September 2023. Cement exports saw a 46 per cent YoY advance to 1,394,536t while clinker expo... |