Cement News tagged under: Southeast Asia
TCMA signs an MoU on clinker substitution with government ministries and 16 organisations17 September 2020, Published under Cement NewsThe Thai Cement Manufacturers Association (TCMA) has signed a Memorandum of Understanding (MoU) with several ministries and 16 organisations to reduce carbon dioxide (CO 2 ) emission by at least 300,000t CO 2 by 2022 through clinker substitution. The MoU is for "The Integrating Collaboration on Climate Change Management for Thailand Achieving Target of Greenhouse Gas Emission Reduction-Industrial Processes and Product Use (IPPU) Sector: Substitution of Clinker Substance." Mr Chana Poomee... |
Cement sector pushes up Vietnam's CO2 emissions forecast for 203015 September 2020, Published under Cement NewsVietnam has submitted its forecast for CO 2 emissions by 2030 to the United Nations and has factored in the cement sector for the first time. Under the new plan the country only expects to cut its greenhouse gas emissions growth by nine per cent or nearly 84Mt of CO 2 by 2030 compared to its projections using 2014 as a baseline. Emissions are still expected to grow by 844Mt of CO 2 during that time. Vietnam is expanding the scope of the country’s climate plan to include emissions from in... |
Vietnam's cement sector sees exports rise on higher Chinese demand11 September 2020, Published under Cement NewsThe Vietnam Cement Association (VNCA) shows that the 1H20 recorded a 12 per cent decrease in the industry’s consumption compared to the same period for the domestic consumption channel. The reason comes from the slowdown in construction activities. However, recently, cement demand has gradually recovered. Noticeably, the export volume maintained the growth rate thanks to the significant increase in demand from the Chinese market since the second quarter. The latest clinker and cement exporr... |
Bruks Siwertell wins ship unloader order for Jurong Port29 July 2020, Published under Cement NewsBruks Siwertell has secured a prestigious new order that will see the company deliver three new Siwertell ship unloaders to Jurong Port in Singapore. The trio of ST 490-M screw-type rail-travelling unloaders will join existing Siwertell technology, delivered in the late 1990s. "It is now time to retire two of those hard-working unloaders,” said Ola Jeppsson, Bruks Siwertell sales manager, APAC. "They have served the terminal well for over two decades, and their proven performance was a deci... |
Southeast Asia’s capacity conundrum09 June 2020, Published under Cement NewsSoutheast Asia’s vibrant cement industry faces a serious but not insurmountable challenge from the current COVID-19 pandemic. In the long-run, structural overcapacity will be the key force of change, as it exerts pressure on business models, forces consolidation and calls time on new capacity. Figure 1: ASEAN GDP growth rates, 2019A-2021F Southeast Asia, which in this article relates primarily to the 10 nations making up the Association of South East Asian Nations (ASEAN) includ... |
Malaysia – finding its resolve02 June 2020, Published under Cement NewsWithin southeast Asia, Malaysia represents one of the largest consumers of cement per capita. The lacklustre demand trends seen in the past 4-5 years were forecast to ameliorate in 2020 due to an influx of government-backed projects. However, as COVID-19 wreaks havoc on economies and industries, the impact on demand remains to be seen. By Manas Tamotia, LEK Consulting, Singapore. Given that Malaysia’s cement sector was showing a resolve to rationalise and yield long-term value, LEK... |
Pandemic to seriously affect global cement trade08 May 2020, Published under Cement NewsAt Cemtech's live webinar on the 'seaborne trade of cement and clinker' this week, Ad Ligthart of Cement Distribution Consultants, gave a sobering outlook on global trade in response to COVID-19 and the many government lockdowns that have been implemented worldwide. "Seaborne trade of cement and clinker will be seriously affected," said Mr Ligthart, adding: "There will be a global reduction in cement consumption and the result of that for seaborne trade and distribution is that the drop w... |
Cemex Philippines sees net sales fall 10%05 May 2020, Published under Cement NewsCemex Holdings Philippines Inc announced that net sales decreased by 10 per cent during the 1Q20, versus the 1Q19, amounting to PHP5.6bn (US$110.7m). Domestic cement volumes decreased by four per cent versus 1Q19. An eight per cent increase in volumes during the first two months of the year was offset by the effects of the Enhanced Community Quarantine in Luzon and other quarantine measures around the country during the second half of March 2020. CHP’s domestic cement prices fell by six pe... |
Cement sector recovery scenarios and the SE Asian focus24 April 2020, Published under Cement NewsCemtech held its second webinar on the impact of COVID-19 on the cement industry this week. The webinar featured several leading industry speakers, including Paul Roger, MD, Building Material Division, Exane BNP Paribas (UK), and Manas Tamotia, partner, LEK Consulting (Singapore). This newsletter summarises the key points from the webinar. The global cement market outlook Paul Roger outlined that lockdown meant different things in different countries. In some countries construction i... |
Cement industry and the COVID-19 crisis20 March 2020, Published under Cement NewsThis week has seen growing action and concern from the construction and cement sectors on how best to fight off the coronavirus (COVID-19), which was declared a pandemic on 11 March, to keep businesses running and employees safe. Many countries have already announced emergency financial packages and stimulus measures to support businesses and protect livelihoods, as countries impose social distancing measures and quarantine measures to slow the virus. The latest reports reveal that buildi... |