Cement News tagged under: Southeast Asia
Vietnam: Jan-Nov cement sales increase03 December 2013, Published under Cement NewsVietnam has reported a double-digit rise in sales over the first 11 months of the year, with exports up 63 per cent YoY. A total of 55.2Mt of cement was sold over Jan-Nov 2013, up 13 per cent from a year earlier, Le Van Toi, director of the Building Material Department, said. The volume included 12.5Mt of cement and clinker exports. The main export destinations were the Middle East, Africa, as well as some other Southeast Asian markets. Cement prices remained unchanged since the Sept... |
Indonesia sales growth slows, Jan-Sept10 October 2013, Published under Cement NewsIndonesian sales growth has slowed over the first nine months of this year despite hitting a monthly record in September. Data from the Indonesian Cement Association (ASI) showed that domestic sales totalled 41.58Mt between Jan-September 2013, an increase of 5.3 per cent compared to 39.48Mt in the same period of last year. The YoY growth in the first nine months was lower than the 7.5 per cent growth recorded in the same period of last year. It was also slower than the 5.7 per cent adva... |
Ramco eyes Myanmar plant construction09 August 2013, Published under Cement NewsIndia-based Ramco is planning to set up a cement factory in Myanmar. “Our company has been jointly working with Agro Coro International Pte Ltd to import cements from Ramco for six months. We are now in discussions with respective officials to establish the factory,” a source told local press. Interest in Myamnar’s cement industry has been increasing as the country opens up to the world after 50 years of military rule into a newly-born democracy. Currently there are 14 cement plants and 25... |
Vietnam first-half sales update11 July 2013, Published under Cement NewsFor the first six months of the year, Vietnam sales were 22.68Mt, according to latest data from the Ministry of Construction (MoC). The amount represents 46.8 per cent of the full-year target, the MoC added. Output stood at 24.7Mt, making up 44.1 per cent of its whole year target. In June, Vietnam’s cement output stood at 4.3Mt, down 14.51 per cent from May. The country’s domestic cement sales also plunged in the period due to the rainy season in the southern region. With overcapacit... |
Siam Cement Group to begin Myanmar plant construction in 2H1306 June 2013, Published under Cement NewsSiam Cement Group of Thailand plans to kick start construction of a greenfield cement plant in neighbouring Myanmar in the second half of this year, having received regulatory approval. The 1.7Mta cement factory has been given the go-ahead by the Myanmar Investment Commission (MIC), allowing the Thai conglomerate to begin construction as soon as the investment value is finalised by SCG's board, according to president and chief executive KanTrakulhoon. The investment value is expected to b... |
Calls for a review of Vietnam's cement industry master plan20 March 2013, Published under Cement NewsVietnam’s Building Materials Association has used the Ministry of Construction (MoC) to adjust the master plan for the cement industry for the 2011-20 period and has suggested a series of measures to ease the current surplus situation. The move follows a rising inventory following increases in capacity and lower domestic demand. Current inventory is estimated to reach 25Mt by 2015 and 40Mt by 2020. The association has therefore proposed the government halt nine small cement projects and r... |
Vicem cement sales rise 30% in Jan-Feb15 March 2013, Published under Cement NewsVietnam Cement Industry Corp (Vicem) has reported a rise in overall cement and clinker sales for the first two months of the year but export volumes declined. The country’s largest cement group sold 2.88Mt of cement and clinker in the first two months of the year, up by 30 per cent from a year earlier. Some 2.85Mt of cement and clinker was sold on the domestic market, a 44.5 per cent YoY rise, while 24,000t of cement was exported which was a decline of 36.8 per cent on the previous yea... |
Starlinger & Co GmbH opens office in Indonesia20 February 2013, Published under Cement NewsStarlinger has opened an independent regional office in Surabaya, Indonesia, to enhance sales and service support for customers in Southeast Asia. Starlinger, whose headquarters are based in Austria, said in a statement yesterday, that 'PT Starlinger SEA' has been founded in response to the growing woven packaging market in Southeast Asia and is operating as an independent company. The new Indonesian unit will handle sales and service activities of both business areas of Starlinger, t... |
Siam Cement sees strong demand into 201318 December 2012, Published under Cement NewsIncreased demand witnessed over 2012 in Thailand will continue rising well into next year, according to the head of the Siam Cement Group (SCG). "The momentum of demand growth stimulated by infrastructure projects will likely continue well into mid-2013," Kan , president and CEO of SCG, told the Bangkok Post. Recovering from the floods last year, YoY cement demand grew by only six per cent in this year's first quarter before of 2012 picking up with 10 per cent and 16 per cent increases... |
Siam Cement net profit down, approves investment, Thailand24 October 2012, Published under Cement NewsSiam Cement PCL said Wednesday its third-quarter net profit fell 13 per cent from a year earlier, mainly because of higher expenses and cost of sales. Meanwhile, its board has approved THB16.5bn (US$53.6m) worth of cement investments to increase its footprint in Southeast Asia. The company posted a net profit of THB6.42bn (US$208.8m) for the three months ended 30 September, compared with THB7.38bn in the same period a year earlier, its filing to the Stock Exchange of Thailand showed. Sa... |