Cement News tagged under: Southeast Asia
Indonesian: expected sales rebound ahead11 December 2014, Published under Cement NewsIndonesian cement demand growth is expected to slow in 2014 but sales are anticipated to rebound next year as new projects get underway. For full-year 2014 the Indonesian Cement Association (ASI) expects sales to rise by four per cent, down from the 5.8 per cent achieved last year. The slowdown has been attributed to regional and national elections delaying infrastructure projects, high interest rates and weakening purchasing power. Forecasts for Indonesian cement sales in 2015 are mor... |
Vietnam Jan-Nov cement sales up 16%08 December 2014, Published under Cement NewsCement sales in Vietnam jumped 16 per cent YoY to 64.46Mt in the first 11 months of this year, fulfilling the whole-year target, according to the government’s data. Of the sum, 46.16Mt were sold in the domestic market, rising eight per cent YoY and meeting 94 per cent of the year’s plan. A total of 18.30Mt were exported, rising 43 per cent and surpassing the year’s target by 22 per cent. In November, Vietnam’s cement sales rose one per cent YoY to 6.2M, including 4.52Mt of domestic sal... |
Lawyer defends Semen Indonesia's Rembang plant, Indonesia21 November 2014, Published under Cement NewsNoted lawyer Adnan Buyung Nasution, who is legally representing PT Semen Indonesia, is trying to bring together stakeholders to realise the construction of a cement plant in Rembang, Central Java. "We hope that those who rejected the planned construction of the cement plant will not regard the project as detrimental to residents or as bringing negative impacts, but look at it as a joint interest," the Jakarta Post quoted Adnan as saying. Adnan added that PT Semen Indonesia wanted to sit t... |
Lafarge Malaysia's 3Q14 pretax down 54.2%19 November 2014, Published under Cement NewsLafarge Malaysia reported a 54.2 per cent drop in third-quarter pretax profit on lower revenue and higher operating cost arising from the increase in electricity and fuel prices. Pretax profit for the three months to the end of September 2014 plunged to MYR73.9m (US$21.98m) from MYR161.41m a year earlier, the country's largest producer said in a statement released yesterday. Revenues over the three month period fell to MYR664.63m from MYR728.01m in 3Q13. The decline in sales mainly att... |
Vietnam cement sales exceed 40Mt18 November 2014, Published under Cement NewsVietnam cement companies sold 41.54Mt of cement in the domestic market in the first 10 months of this year, including 4.27Mt in October, the country’s Ministry of Construction (MoC) said. The 10-month figure accounted for 85.6 per cent of the year’s target, the ministry said on its website, giving no YoY comparative figures. Clinker and cement exports were estimated at 11.68Mt over the Jan-Oct 2014 period, including 2.81Mt of cement. The country’s cement sales are predicted to rise... |
Indonesia, Malaysia and Taiwan top Vietnam export table12 November 2014, Published under Cement NewsIndonesia, Malaysia and Taiwan were the largest importers of Vietnamese clinker and cement in the first nine months of this year, according to data released by the Vietnamese Ministry of Industry and Trade. During the period, Indonesia imported 1.76Mt of clinker and cement worth US$83m from Vietnam, while Malaysia acquired 1.05Mt worth US$52m and Taiwan purchased 969,678t worth US$41.7m. Following on were the Philippines with 816,060t worth US$31.2m and Cambodia with 389,373t worth US$2... |
SCG chief anticipates 5% rise in 2015 demand30 October 2014, Published under Cement NewsCement demand in Thailand is expected to increase by at least five per cent next year stimulated by an acceleration of government infrastructure development, according to the chief of the country’s leading cement producer. Kan Trakulhoon, CEO of Siam Cement Group (SCG), believes that the Thai economy has bottomed out since August and is recovering gradually. He said the company expects cement demand to recover significantly from the second half of next year, thank chiefly to government pro... |
Vietnam October output up 10.3% YoY30 October 2014, Published under Cement NewsVietnam is estimated to have produced 5.2Mt of cement in October, up 8.33 per cent from September and 10.3 per cent from a year ago, the government’s General Statistics Office (GSO) said. In the first 10 months, the country’s cement output has risen five per cent YoY to 48.4Mt, the office said in a monthly report. The GSO has also revised down the country’s cement output in September to 4.8Mt from the earlier estimated figure of 5Mt. In 2013, Vietnam’s cement output hit 56.84Mt, ac... |
Cemex recognised as employer of the year in the Philippines28 October 2014, Published under Cement NewsCemex recently won the top recognition by the People Management Association of the Philippines (PMAP) for human resource excellence at its APO Cement Plant in the Philippines. PMAP’s Employer of the Year Award annually recognises outstanding achievers whose leadership, dynamism, and professionalism measure up to the high standards of PMAP, Cemex said in statement. “As we continue to grow as a building solutions provider, we also grow with our people. Our employees are the organisation’s... |
Philippine quarterly cement sales up 11.9% on favourable weather27 October 2014, Published under Cement NewsPhilippine cement sales in the third quarter of 2014 rose 11.9 per cent to 5.4Mt from 4.8Mt a year earlier, a preliminary report from the Cement Manufacturers' Association of the Philippines (CeMAP) revealed. According to CeMAP president Ernesto Ordoñez, the pick up in cement consumption was due to better weather, a factor that may have affected sales, which were stunted, in the second quarter. “Better weather also contributed to improved sales. Companies are able to finish projects as s... |