Cement News tagged under: Southeast Asia

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Indonesia, Malaysia and Taiwan top Vietnam export table

12 November 2014, Published under Cement News

Indonesia, 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 demand

30 October 2014, Published under Cement News

Cement 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% YoY

30 October 2014, Published under Cement News

Vietnam 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 Philippines

28 October 2014, Published under Cement News

Cemex 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 weather

27 October 2014, Published under Cement News

Philippine 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...

Vietnam cement prices to rise?

16 October 2014, Published under Cement News

The price of cement in Vietnam could be increased this month, according to the country's Ministry of Finance, without stating a reason for the potential rise. Cement is currently sold for VND1.05m-1.5m/t (US$49.5-70.7) in the northern region and VND1.46m-1.8m/t in the south. Clinker and cement export prices were also stable at US$38.2 and US$55.2/t, respectively, the ministry added.

Semen Indonesia scales back full-year growth target

14 October 2014, Published under Cement News

PT Semen Indonesia has reduced its 2014 sales growth target from 5-6 per cent to 4-5 per cent due to a slowdown in cement sector, its corporate secretary, Agung Wiharto, said. Mr Wiharto told Reuters that the state-owned company did not achieve its sales volumes target in the third quarter of this year. Sales volumes in the three months to the end of September 2014 reached 19.1Mt, up three per cent from 18.5Mt a year earlier, representing 71 per cent of its 2014 full-year target. Indonesi...

Semen Indonesia set to acquire land for new Papua plant

13 October 2014, Published under Cement News

PT Semen Indonesia will soon acquire 500ha of land in West Papua for the construction of a cement plant at a cost of around US$150m. Semen Indonesia corporate secretary Agung Wiharto told the Jakarta Post that the firm would sign a memorandum of understanding (MoU) later this year to procure the land for the first cement factory in the province. "For a capacity of around 1Mta, we might need around 500ha," Agung said. Construction of the new plant is expected to begin in 2015. The new plant...

Southeast Asian producers eye eastern Indonesian investments

07 October 2014, Published under Cement News

A number of Southeast Asian companies are reportedly eyeing the construction of cement plants in eastern Indonesia, according to Andi Unggul Attas, president director of PT Semen Tonasa, Mr Attas told local press that investors from China, Thailand, and Vietnam are targeting the eastern Indonesian market in regards to the ASEAN Economic Community in 2015. "The level of cement demand in Indonesia is the highest in Southeast Asia, so naturally everyone has their eyes here," he said in Pa...

Semen Indonesia seeks loan for Papua plant construction

25 September 2014, Published under Cement News

Semen Indonesia is seeking IDR600-IDR840bn(US$50-70m) in bank loans to help finance construction of a new cement plant in Jayapura, Papua, according to reports by the Jakarta Globe. Indonesia's largest cement producer has recently announced its intention to construct the first cement plant in the country's most eastern-most province to meet the region's demand potential and reduce distribution and logistic costs. “For the Papua plant, we will seek external funds like from loans on top of e...