Cement News tagged under: Southeast Asia
Indonesian monthly consumption down 6.2%17 March 2015, Published under Cement NewsIndonesian cement consumption during February 2015 fell by 6.2 per cent YoY to 4.2Mt, latest data from the Indonesia Cement Association (ASI) shows. For the first two months of the year, demand declined by 1.2 per cent YoY to 9.07Mt. Consumption was down in the main market of Java by 1.3 per cent, while reductions were also seen in Sumatra (-7.7 per cent) and Sulwesi (-6.3 per cent). Increases were recorded in Kalimantan (+6.8 per cent) and Nusa Tenggara Timur (+5.5 per cent). The slow... |
Vietnam: Nghi Son Cement Corp gets go-ahead for fly ash import13 March 2015, Published under Cement NewsVietnam’s Deputy Prime Minister, Hoang Trung Hai, has agreed to allow Nghi Son Cement Corp to pilot the import of fly ash over the 2015-16 period. Under approval, Nghi Son Cement Corporation will be allowed to import an annual volume of 200,000t within two years. The deputy prime minister also requested the company to develop a plan to use domestic fly ash from 2017. Nghi Son Cement Corporation had repeated seeking the government for approval for the import of fly ash as material for cem... |
Vicem sales up 6.7% in first two months12 March 2015, Published under Cement NewsState-owned Vietnam Cement Industry Corporation (Vicem) said it sold about 3.1Mt of cement and clinker in the first two months of this year, rising 6.7 per cent from a year ago and fulfilling 99.1 per cent of the target. Of the volume, 2.49Mt of cement and clinker were sold in domestic market, up 15.3 per cent YoY and 610,000t were exported, down 18 per cent. In the first two months, Vicem produced 2.81Mt clinker and 2.31Mt of cement, rising 11.3 per cent and 17.9 per cent YoY. As of... |
Vietnam monthly sales remain flat04 March 2015, Published under Cement NewsVietnam’s cement sales remained flat at 5.87Mt in January compared to the month before, the Ministry of Construction said on its website Tuesday. Of the sum, 4.37Mt were sold in the domestic market, while 1.5Mt were exported. The ministry predicted Vietnam's sales of cement and clinker to rise 1.5-4 per cent YoY to between 72-74Mt in 2015, of which domestic sales will rise 4.5-6.5 per cent to 53-54Mt and the exports will be at between 19-20Mt. Last year, Vietnam’s total cement and clinker ... |
Holcim Philippines income and revenues rise 13% YoY26 February 2015, Published under Cement NewsHolcim Philippines posted another record performance last year with a double-digit rise in sales on the back of strong and private infrastructure spending. The company said that its net income rose by 13 per cent to PHP5.14bn from the previous year’s PHP4.55bn. Revenues also advanced 13 per cent to PHP32.64bn from last year’s PHP28.89bn, the company said. “The healthy economy continues to provide opportunities for our business to thrive. Last year, with the sustained construction boom, ... |
Malaysia: Tasek Corp full-year profit ahead18 February 2015, Published under Cement NewsTasek Corporation Bhd's net profit rose 11.86 per cent to MYR105.4m (US$29.1m) compared to MYR93.90m a year earlier despite heightened competition. Revenue rose to MYR656.06m compared to MYR121.04m in 2013. The Malaysia based cement producer attributed the better to performance to higher domestic cement demand and improved ready-mix concrete prices. “The ongoing mass rapid transit projects and light rail transit line extensions are expected to continue leading the construction sector’s gro... |
Indonesia's January sales decline12 February 2015, Published under Cement NewsIndonesian cement sales fell by 2.9 per cent YoY to 4.5Mt in January 2015, as heavy rains affected construction activity in several areas. Most region of the country registered a drop in demand during the month. Widodo Santoso, head of the Indonesia Cement Association (ASI), said that the largest declines were recorded in Kalimantan (-12.9 per cent) and Sumatra (-9.6 per cent). Sales on the main island of Java remained stagnant at 2.55Mt. There was, however, a large rise recorded in the M... |
Philippine prices set to rise?03 February 2015, Published under Cement NewsCement prices in the Philippines are set to rise by PHP10/40kg bag shortly, according to separate advisory statements issued by three domestic producers to local distributors. Cemex Corp, Lafarge and Eagle Cement have each notified distibutors of the impending rise, the Manila Standard reported yesterday. The daily noted that Cemex’s Rizal cement currently sells for PHP198/bag (US$4.49), while Lafarge Republic’s brand sells at PHP197 and Eagle Cement at PHP193/bag. The planned price hike i... |
Vietnam monthly output up 27% YoY30 January 2015, Published under Cement NewsVietnam is estimated to have produced 5.2Mt of cement in January, down 8.1 per cent from December 2014 but up 27 per cent from a year ago, according to the government's General Statistics Office (GSO). In December 2014, the country’s cement output stood at 5.7Mt, according to the revised figure. The GSO also revised down the country’s cement output in 2014 to 54.1Mt, from earlier estimated of 59.8Mt. |
All eyes on the ASEAN30 January 2015, Published under Cement NewsThe southeast Asian cement markets of the Philippines, Vietnam and Thailand are set for continued growth in 2015, while elsewhere in the region there is plenty to keep investors interested. Philippines – sustained growth ahead Cement industry sales in the Philippines have benefitted from robust demand thanks to bustling construction activity nationwide. Last year sales increased by 8.7 per cent YoY, according to the Cement Manufacturers’ Cement Association of the Philippines (CeMAP). Loc... |