Cement News tagged under: Southeast Asia
Vicem half-year sales dip 0.5%, Vietnam22 July 2015, Published under Cement NewsVietnam Cement Industry Corporation (Vicem), the country’s leading state-owned cement producer, said its cement and clinker sales slipped 0.5 per cent to 10.73Mt in the first half of 2015. Of the volume, 9.58Mt were sold in the domestic market (+7.1 per cent YoY) while 1.15Mt were exported (-37.7 per cent). In the first half of this year, Vicem produced 8.36Mt of clinker and 9.2Mt of cement, rising five per cent and 6.1 per cent YoY, respectively. As of June 30, Vicem had 1.75Mt of ce... |
Vietnam expected first-half output up 10.5%30 June 2015, Published under Cement NewsVietnam is estimated to have produced 32.1Mt of cement in the first half of this year, up 10.5 per cent from a year ago, the government-run General Statistics Office said. In June alone, production totalled 6Mt, up 26.8 per cent YoY. In the first five months, Vietnam has churned out 26.1Mt of cement, compared to the earlier estimated 26.6Mt, according to the office’s revised figure. Vietnam currently has 74 cement production lines with a combined annual output of 77Mt, data from the Minis... |
VNCA expects 4% rise in 2015 sales15 June 2015, Published under Cement NewsVietnam's Ministry of Construction expects a four per cent YoY rise in cement and clinker sales in 2015 to 74Mt, comprising 53Mt of domestic sales and exports of 20Mt. Latest figures released by the Vietnam National Cement Association (VNCA) show that in the four months leading up to May domestic cement sales jumped three per cent YoY to 15.89Mt. For the month of April alone the VNCA statistics indicate that sales of cement surged 113 per cent YoY to 5.45Mt, but were down 28 per cent Y... |
Vicem monthly dispatches advance 10% YoY12 June 2015, Published under Cement NewsState-owned Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, said its cement and clinker sales in May advanced 10 per cent YoY to 2.01Mt. Of the total, 1.84Mt of cement and clinker were sold in domestic market while 162,000t were exported. In the first five months, Vicem’s cement and clinker sales dipped 1.4 per cent on-year to 9.08Mt. Of the total, 8.02Mt of cement and clinker were sold in domestic market, up 6.2 per cent YoY while 1.06Mt were exported... |
Semen Indonesia May sales down12 June 2015, Published under Cement NewsIndonesia's largest cement maker, PT Semen Indonesia Tbk, said its sales in May were down 13.9 per cent from the last year at 1.98Mt, Indonesia Finance Today reported, quoting the firm's investor relations officer Anto Brilianto. The cement producer sold 9.91Mt of cement in the first five months of 2015, down 5.3 per cent from 10.47Mt during the same period last year. |
RAM reaffirms Lafarge Malaysia ratings on strong business and financial profile05 June 2015, Published under Cement NewsRAM Rating Services has reaffirmed the ratings of Lafarge Malaysia Bhd’s debt notes based on the strong business and financial profile. The ratings agency had on Thursday reaffirmed the AA2/Stable/P1 ratings of the group’s MYR350m Islamic securities programme (2010/2017). “The ratings are premised on Lafarge Malaysia’s strong business and financial profile. The group is the leading producer of cement in Malaysia, whose annual production capacity of almost 13Mt accounts for about 40 per... |
Semen Indonesia reportedly plans US$340.2m Aceh plant01 June 2015, Published under Cement NewsIndonesia's largest cement maker, PT Semen Indonesia Tbk , plans to build a new plant in Aceh worth IDR4.5trn (US$340.2m), Investor Daily reported, quoting Corporate Secretary Agung Wiharto. The construction will start in 2016 or 2017 and the plant will have a production capacity of 3Mta, according to the report. |
Vietnam rises 9% in first five months29 May 2015, Published under Cement NewsVietnam is estimated to have produced 26.6Mt of cement during January-May 2015, up nine per cent from a year ago, the government-run General Statistics Office said. In May alone, output amounted to 6.3Mt. During the five month period Vietnam produced 20.3Mt of cement, compared to an earlier estimate of 19.9Mt, according to the office’s revised figure. Vietnam currently has 74 cement production lines with a combined output of 77Mta, data from the Ministry of Construction said. The country... |
FLSmidth receives Vietnam cement plant order26 May 2015, Published under Cement NewsFLSmidth has received an order worth approximately EUR100m (DKK750m) from the Vietnamese cement producer Xuan Than Group for the supply of a complete cement plant with a capacity of 12,000tpd. The plant will be located approximately 100km South of Hanoi, Vietnam. Once completed, the plant will be the largest cement plant in Southeast Asia, FLSmidth highlighted. "The Vietnamese cement market is expected to grow over the coming years and it is a well-known market to FLSmidth as we have been... |
Holcim Indonesia seeks IDR2.5trn loans for refinancing21 May 2015, Published under Cement NewsHolcim Indonesia is looking for IDR2.5trn (US$189.59m) in loans to refinance its maturing debts and wants to replace foreign-denominated debt to ease the currency burden, according to reports in the Jakara Post. Kent Carson, Holcim Indonesia CFO, aid that the company, expected to have a new loan facility in place in June, either in the form of syndication or a bilateral facility from a mix of local and foreign lenders with a maturity period between three and five years. There will be some... |