Cement News tagged under: Southeast Asia
IKN supplies two coolers to Vietnam14 August 2023, Published under Cement NewsIKN has been working on two construction sites in Vietnam in Dai Duong and Thanh Thang where two new IKN coolers are currently being erected. Similar in size, these coolers are designed for producing 7500tpd of clinker and will be ready for commissioning end of this year. “ These new production lines will enable the customers to produce cement more efficiently and sustainably and expand their reach in the growing market,” claims IKN. |
Indonesia remains gripped by cement overcapacity11 August 2023, Published under Cement NewsThis week Indonesia's Ministry of Industry addressed the growing issue of overcapacity in the cement sector by implementing a new moratorium policy and new investment arrangements. At the same time, the industry is transitioning to more sustainable cement production as it targets a net zero future. Ignatius Warsito, director general of the Chemical, Pharmaceutical and Textile Industry (IKFT) of the Ministry of Industry, explained the condition of overcapacity of the cement industry is prese... |
Borneo Cement (Sabah) to complete 1.75Mta capacity project by 3Q2504 August 2023, Published under Cement NewsFollowing a joint venture agreement between Sabah Economic Development Corp (Sedco) and Sri Alam Setia Sdn Bhd that will see the creation of Borneo Cement (Sabah) Sdn Bhd, a new integrated cement plant will be built in Pinangah, Tongod, Malaysia. The new plant will be able to produce 5000tpd of clinker and 1.75Mta of cement. With Sabah’s market demand currently at 1.4Mta it is expected that the plant will also serve other markets. A memorandum of agreement has been signed between the ne... |
Siam City Cement posts 1Q23 revenue of THB1188m in Vietnam26 July 2023, Published under Cement NewsThailand-based Siam City Cement Co (SCCC) has posted a revenue of THB1188m (US$34.5m) from its Siam City Cement Vietnam business in Vietnam in the first quarter of 2023. This represents a 33.6 per cent YoY drop. EBITDA of the Vietnamese operations was -THB52m in the 1Q23, compared with THB371m in the 1Q22. As a result, the EBITDA margin declined from 20.7 per cent in the 1Q22 to -4.4 in the 1Q23. However, signs of recovery have been seen, according to the company, with moderate growt... |
Cement sales in Vietnam down 22% in June24 July 2023, Published under Cement NewsCement sales in Vietnam declined 22 per cent YoY to 4.789Mt in June 2023, according to the Vietnam National Cement Association (VNCA). Of this total, 1.420Mt was sold by VICEM, which saw its sales fall by 26 per cent. Other VNCA members sold a combined 0.991Mt, down 28 per cent YoY while non-VNCA members sold 2.378Mt, down 17 per cent YoY. Total exports in June 2023 increased by 97 per cent YoY to 2.705Mt, of which 1.884Mt were cement exports, up 60 per cent YoY. Clinker exports in June 20... |
Siam Cement receives world's largest battery production facility28 June 2023, Published under Cement NewsRondo Energy, in partnership with Siam Cement Group (SCG),has announced plans for the world's largest battery production facility of any kind at 90GWh/year, with 2.4GWh/year already online. This is a game-changer in the world of decarbonisation technologies, resulting in carbon savings equivalent to removing 4m cars from the road each year (or adding 2m EVs), claims Rondo Energy. "Rondo Energy, developer of the Rondo Heat Battery, announced it has partnered with Siam Cement Group to ... |
Vietnam’s emerging trends27 June 2023, Published under Cement NewsAmid challenging market conditions and higher production costs, energy efficiency and decarbonisation have emerged as key development trends in the Vietnamese cement sector. These measures are helping producers optimise operations as well as reduce energy costs and carbon emissions, all while strengthening competitiveness.By Hai Khieu, FiinGroup, Vietnam. Decarbonisation and energy efficiency are two of the key issues that face the Vietnamese cement industry as the country aims to ... |
Discussions on the Asian cement sector's decarbonisation drive27 June 2023, Published under Cement NewsDiscussions on the Asian cement industry's drive and progress towards decarbonisation are well underway at the Cemtech Asia 2023 conference and exhibition in Hanoi, Vietnam, before an international audience of over 250 cement sector professionals. Cemtech Asia 2023 opens before an international audience of 250 cement industry professionals in the vibrant city of Hanoi, Vietnam Opened in the presence of Pham Van Bac, head of Building Materials Department, Ministry of Con... |
Cam Pha Cement: descending dragon26 June 2023, Published under Cement NewsTo arrive at Cam Pha Cement’s (CPC) plant in Quang Ninh province, Vietnam, you must first pass through the UNESCO world heritage site of Halong Bay – or literally ‘where the dragon descends to the sea’ – whose dramatic coastline landscape is scattered with thousands of limestone islands, formed around 340m years ago during the Carboniferous period, and rightly recognised as one of the wonders of the world. Cam Pha Cement operates 2.3Mta of cement capacity at its integrated plant in ... |
Vietnamese cement and clinker exports surge26 June 2023, Published under Cement NewsTotal cement and clinker exports from Vietnam increased by 66 per cent to 2,633,428t in May 2023 when compared with May 2022. Cement exports surged by 69 per cent YoY to 1,974,348t while clinker exports advanced by 56 per cent to 659,080t in May 2023. Clinker was exported by non-VNCA members only, who supplied 659,080t of clinker to overseas markets, up 65 per cent YoY. They also exported the largest volume of cement – 1,374,323t – an increase of 56 per cent YoY. VICEM exported 331,113t of c... |