Cement News tagged under: Southeast Asia
Holcim Indonesia to integrate two subsidiaries08 April 2014, Published under Cement NewsHolcim Indonesia plans to integrate two subsidiaries as part of efforts to improve operational efficiency, the company said in a statement on Friday. The Indonesian division of the cement Swiss major plans to merge units Bintang Polindo Perkasa and Wahana Transtama. Holcim now controls 100 per cent of Bintang Polindo after it acquired the ownership from Cemex Asia in 2008. Bintan Polindo owns cement milling facilities with a capacity of 600,000t in Ciwadan, Banten. Meanwhile, Wahana Transta... |
Vietnam 1Q14 domestic sales rise 8% YoY31 March 2014, Published under Cement NewsVietnam sold 10.23Mt of cement in the domestic market in the first quarter of this year, up eight per cent from a year ago, the Ministry of Construction (MoC) said. Shipments in March 2014 alone totalled 4.68Mt. The three-month sales figure accounted for 21 per cent of the country’s full-year target, the MoC said on its website last week. The country exported US$66m worth of cement and clinker between January and March, fulfilling 19.5 per cent of the whole-year target, including US$20m... |
Indonesia February cement sales advance17 March 2014, Published under Cement NewsIndonesian cement sales rose 2.7 per cent last month to 4.4Mt from a year earlier, state-owned Semen Indonesia announced, citing data from Indonesia Cement Association (ASI). Cement sales during February 2014 in the main market of Java rose four per cent to 2.5Mt from the same period last year, despite the eruption of Mount Kelud in East Java on 13 February which disrupted flights and economic activities in the surrounding areas. Shipments in East and West Java rose just over 12 per cent... |
Southeast Asian advances07 March 2014, Published under Cement NewsSoutheast Asia continues to be a hive of cement activity and recent commentary by local producers suggests the prospects remain promising for certain key markets through 2014. Philippines: new capacity on the way The outlook for the Philippines remains upbeat for 2014, driven by government infrastructure spending and private sector projects. Last year cement sales rose by 5.9 per cent to 18.4Mt, according to local association CeMAP. A rise in construction activity and an increase in the ... |
Vietnam Jan-Feb sales rise 6.7% YoY05 March 2014, Published under Cement NewsVietnam sold 8.4Mt of cement in the first two months of this year, up 6.7 per cent from a year earlier, the Ministry of Construction said. Of the total, 5.3Mt of cement was sold in the domestic market while about 3.1Mt of cement and clinker was exported. At present, the local cement industry has around 2.6Mt of inventory, mainly clinker. Vietnam’s cement sales are predicted to rise by 1.5-3 per cent YoY to between 62-63Mt this year, including 48.5-49Mt of domestic sales and 13.5-1... |
Record profits for Holcim Philippines21 February 2014, Published under Cement NewsHolcim Philippines registered record earnings and sales last year amid strong market conditions and effective cost management. Meanwhile, the company has said it will delay the construction of a new cement plant in Bulacan as its Swiss parent reorganises regional operations. “Our company benefited from the good business environment, which has allowed the construction boom to persist and cement demand to thrive. Credit should also go to our people, who did their part in attaining this recor... |
Indonesian president inaugurates Tonasa V project19 February 2014, Published under Cement NewsPresident Susilo Bambang Yudhoyono of Indonesia has officially inaugurated Semen Tonasa’s Line V project and power plant in Pangkajene Island District, South Sulawesi. Semen Tonasa, which is part of Semen Indonesia group of companies, invested US$289m in this fifth line which has a capacity of 8000tpd. The project has added 2.5Mta of volumes to Tonasa’s cement portfolio, bringing its total capacity to 7Mta. New equipment, supplied by some of Europe’s leading technology providers, spanned r... |
Thailand: Siam City Cement anticipates flat domestic demand in 201414 February 2014, Published under Cement NewsSiam City Cement Co (SCCC) posted flat volumes in the fourth quarter of last year and expects demand to remain subdued during 2014 due to the postponement of infrastructure and private sector projects. "In the fourth quarter of last year, the company saw flat volume, both QoQ and YoY. This year, the construction industry may not grow because of delays in large-scale infrastructure projects and private investments," the listed company said in a press release yesterday. However, the company... |
Vietnam export sales hit new high13 February 2014, Published under Cement NewsMinistry of Construction (MoC), said cement output in 2013 hit 70Mt while sales rose 14 per cent YoY to 61Mt. Cement exports reached a record high of more than 14Mt during the year as producers turn to overseas sales amid fierce competition in an overcrowded domestic market. Vietnam is predicted to witness an oversupply of 8-12Mta of cement due to many cement plants being put into operation, said MoC. At present, Vietnam has 106 cement factories. The oversupply in Vietnam's cement sec... |
Indonesia: January sales decline on floods10 February 2014, Published under Cement NewsCement sales in Indonesia declined by 0.3 per cent to 4.64Mta as heavy rains triggered extensive flooding, causing disruption to construction activity and distribution networks. Cement sales in Java fell by two per cent to 2.5Mt, state-owned Semen Indonesia announced on its website, citing data from the Indonesian Cement Association. Sales in Sumatra, Indonesia's second-largest market, dropped by one per cent to 1.02Mt. Semen Indonesia maintained its market share of 44 per cent. Its sub... |