Cement News tagged under: Southeast Asia
Domestic deliveries drive Vicem's 11-month sales rise08 January 2016, Published under Cement NewsVietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, sold 20.06Mt of cement and clinker in the first 11 months of 2015, up 2.9 per cent from a year earlier. Of the volume, 16.99Mt of cement and clinker were sold in the domestic market, up 10.6 per cent YoY, and 3.07Mt were exported, down 39.6 per cent. In November the corporation sold 1.91Mt of cement and clinker, up 13.6 per cent YoY, of which 1.63Mt were made up of local sales (+19.4 per cent YoY), while ex... |
Indonesia cement sales up 4.7% in November11 December 2015, Published under Cement NewsIndonesian cement sales rose by 4.7 per cent YoY to 6.1Mt in November 2015, due to improved government spending on infrastructure projects. Widodo Santoso, chairman of the Indonesia Cement Association (ASI), said domestic cement demand rose sharply in November despite seeing some rainfall (which usually leads to delays in development of infrastructure and other construction projects). Mr Santoso says this rise is due to improved government spending on infrastructure projects. Th... |
Vietnam: MoC forecasts 2016 sales rise of 4-7%26 November 2015, Published under Cement NewsVietnam's sales of cement and clinker are predicted to rise 4-7 per cent YoY in 2016 to between 75-77Mt, according to forecasts by the country's Ministry of Construction (MoC). Of the total sales, domestic shipments are expected to account for 59-60Mt and exports 16-17Mt, the Xay Dung online newspaper cited the ministry as saying Wednesday. In the first 10 months of this year, dispatches totalled 58.6Mt, meeting 80 per cent of the full-year target. Domestic shipments amounted to 45.51M... |
Vietnam output reaches 54.8Mt in first 10 months02 November 2015, Published under Cement NewsVietnam is estimated to have produced 54.8Mt of cement in the first 10 months of this year, up 10.4 per cent from a year ago, the government-run General Statistics Office said. The figures include an output of 6.1Mt in October, an increase 10.8 per cent. In the first nine months, the country’s cement production hit 48.7Mt, according to the revised figure. Vietnam currently has 76 cement production lines with a combined annual output of 81.56Mt, data from the Ministry of Construction said.... |
State-owned Indonesia producers plan Kupang plant16 October 2015, Published under Cement NewsState-owned Indonesian cement producers PT Semen Indonesia and PT Semen Kupang are planning to build a new cement factory in Kupang, in the eastern province of East Nusa Tenggara . The plant involves an investment of IDR2.5trn (US$185.19m) and will have a capacity of 1.5Mta, according to local press reports. The Heads of Agreement (HoA) document was signed by both companies on Thursday. Groundbreaking for the new works is slated for 2016. Agung Wiiharto, corporate secretary of Semen Indon... |
ASI confident on Sept-Dec sales growth, Indonesia30 September 2015, Published under Cement NewsThe Indonesian Cement Association (ASI), is confident that sales will rise by 4-5 per cent beginning in September until December 2015. This optimism, according to association Widodo Santoso , is based on information that the million-house project as well as infrastructure projects outside Java have commenced. "An increase of four per cent is relatively easy to achieve. Last year, we didn't have infrastructure development outside Java," local press quoted him as saying on Monday. The ASI es... |
Indonesia's domestic monthly sales climb 13% YoY14 September 2015, Published under Cement NewsIndonesia's domestic cement sales rose 13 per cent YoY in August, data from Indonesia Cement Association showed on Thursday. Sales rose to 5.3Mt of cement last month, from 4.7Mt in the same period last year. Sales have proved disappointing through 2015, with declines seen over several months due to the stuttering economy and weak demand from the construction sector. "The increase indicates that construction of infrastructure, housing and apartment is moving ahead, with the government st... |
SCG Cement outlines additional Cambodian spend25 August 2015, Published under Cement NewsSCG Cement has outlined an additional investment of US$200-300m into Cambodia over the next five years, according to Aree Chavalitcheewingul, vice president for regional business of SCG Cement-Building Materials. According to Thai media, the five-year investment plan includes adding a third line to its Kampotcement plant, southern Cambodia, where SCG commenced the second production line in mid-2015. SCG also plans to double its network of ready-mix concrete plants in the country. "We hav... |
Vietnam monthly sales up by a quarter17 August 2015, Published under Cement NewsVietnam cement and clinker sales reached 6.5Mt in July, up 25 per cent YoY, the country's Association for Building Materials under the Ministry of Construction (MoC) announced. Of the total volume, 5.15Mt were sold at the domestic market, up 22 per cent YoY, while 1.35Mt (+37 per cent YoY). In the first seven months, Vietnam’s cement and clinker sales rose 10 per cent YoY to 40.98Mt, fulfilling 57 per cent of the year’s target, including 9.77Mt (+13 per cent YoY). The growth of cemen... |
Holcim Philippines net quarter down 7.5% YoY10 August 2015, Published under Cement NewsHolcim Philippines Inc said Monday second-quarter net profit was down 7.5 per cent YoY, hurt by rising expenses. Holcim said the April-June quarter net profit declined to PHP1.5bn (US$33.5m) from PHP1.65bn in the year-earlier period. Second-quarter revenue rose 6.8 per cent YoY to PHP9.42bn, around half the pace of the 12 per cent YoY increase in expenses to PHP7.29bn. In the first half, net profit was down 8.9 per cent YoY to PHP3.03bn even as revenue increased 7.3 per cent to PHP18.10... |