Cement News tagged under: southeast asia
Martin Engineering plans Kuala Lumpur business unit05 June 2023, Published under Cement NewsMartin Engineering is expanding its presence in the Asia-Pacific market by opening a business unit in Malaysia. Headquartered in the capital city of Kuala Lumpur, with a satellite office in Lumut, the Malaysian business unit will act as the main hub for providing products and solutions to the many industries Martin Engineering serves in the region. The benefit to customers will be more localised care from a team with a greater understanding of the region’s needs and challenges.... |
New cement price rises expected in South Korea01 June 2023, Published under Cement NewsSouth Korea’s cement industry is likely to increase cement prices by 14 per cent from July, citing the impact of sharply rising electricity prices and currency exchange rate as the main drivers. Ssangyong C&E Co , one of South Korea’s key cement producers, recently sent a letter to concrete suppliers stating its intention to increase bulk prices by 14.1 per cent to KRW119,600/t (US$90.36/t )from KRW104,800/t, according to local reports. The country’s other six cement producers are now e... |
SIG to plant red calliandra for biomass fuel29 May 2023, Published under Cement NewsSIG 's Corporate Secretary, Vita Mahreyni, has explained that currently his company is increasing the use of alternative fuels as environmentally-friendly new renewable energy through the planting of more than 143,000 red calliandra (Calliandra calothyrsus) trees . Red calliandra has the potential to be used as carbon-neutral biomass-based alternative energy. “Red calliandra not only has a beautiful appearance but is also rich in benefits. This plant from Guatemala is the best raw ma... |
Vietnam cement sales down 14% in April 202326 May 2023, Published under Cement NewsCement sales in Vietnam saw a 14 per cent YoY decline to 5,621,586t in April 2023, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM sales fell by 14 per cent to 1,834,092t while other VNCA members reported a 28 per cent drop in aggregate sales to 1,077,494t. Non-members saw an eight per cent YoY decrease in sales to 2,710,000t in April 2023. Exports were down 22 per cent YoY to 2,542,040t in April 2023. The drop was steeper for clinker, of which exports fel... |
Cementir posts 1Q23 revenue of EUR414.8m10 May 2023, Published under Cement NewsCementir ’s revenue totalled EUR414.8m in the 1Q23, up 14.5 per cent from the 1Q22. EBITDA reached EUR81.2m, a 33.8 per cent YoY advance while profit before taxes totalled EUR63.9m, a rise of 50.7 per cent when compared with the 1Q22. Meanwhile, net debt stood at EUR32.1m at 31 March 2023. Operating costs rose by 2.8 per cent to EUR342.5m when compared to EUR333.1m in the 1Q22. The cost of raw materials rose by 5.5 per cent YoY. Cement volumes (white and grey) totalled 2.34Mt, a f... |
QualiCal wins order for PT Uniserv lime kiln26 April 2023, Published under Cement NewsQualiCal's advanced lime kiln technology is set to enhance production capacity and environmental performance at PT Uniserv’s Indonesian plant. PT Uniserv of Indonesia, a leading global provider of lime-based products and services, has chosen QualiCal to supply itsadvanced Synthesis Lime Kiln for the new Lime Kiln 8 at PT Uniserv’s Indonesian plant. This move will significantly expand the facility’s production capacity and improve its environmental performance, enabling PT Uniserv to conti... |
Vietnamese cement sales fall 19% YoY20 April 2023, Published under Cement NewsCement sales in Vietnam reached 6,161,029t in March 2023, down 19 per cent YoY but up 51 per cent MoM, according to the Vietnam National Cement Association (VNCA). Of this total, 2,013,276t were sold by VICEM . This represents a drop of 18 per cent YoY but a 72 per cent increase MoM. Other VNCA members saw sales of 1,217,753t, a decline of 30 per cent YoY but an advance of 38 per cent MoM. Non-affiliated companies reported total sales of 2,840,000t, down 14 per cent YoY but up 43 per cent M... |
CEMEX Philippines achieves 50% CO2 reduction from 1990-202218 April 2023, Published under Cement NewsCEMEX Philippines achieved a 50 per cent reduction in CO 2 emissions generated by its two cement subsidiaries, Solid Cement Corp and APO Cement Corp , from 1990-2022. Based on public declarations, CEMEX claims that this is the highest CO 2 emissions reduction in the industry. From 2020-22 alone, CEMEX Philippines reduced 18 per cent of its net CO 2 emissions, representing 36 per cent of the total CO 2 reduction since 1990, demonstrating the company’s accelerated efforts to furth... |
Indocement sees 3% rise in profit in 202205 April 2023, Published under Cement NewsPT Indocement Tunggal Prakarsa Tbk (INTP), part of Heidelberg Materials , reported a profit of IDR1.84trn (US$123.2m), up three per cent YoY, in 2022. Net revenue was up 10.5 per cent to IDR16.32trn when compared with 2021, when net revenue reached IDR14.77trn. INTP’s cement sales to third parties in 2022 saw a 9.9 per cent YoY increase to IDR14.75trn, while ready-mixed concrete sales advanced 20.9 per cent YoY to IDR1.29trn. However, aggregate sales were down 48 per cent YoY to IDR19.7... |
Semen Indonesia sales volume declines 3% in 202228 March 2023, Published under Cement NewsSemen Indonesia Group (SIG) recorded lower sales volume inline with lower domestic demand in 2022. Domestic cement sales volume weakened by 3.4 per cent YoY to 63.03Mt led by a contraction in bag sales volume of 8.7 per cent YoY due to price increases, while the bulk market maintained growth of 14.5 per cent. SIG’s total sales contracted by 12.9 per cent YoY to 36.92Mt. Domestic cement sales declined 7.2 per cent YoY to 31.6Mt in 2022, while regional sales fell by 36.4 per cent YoY ... |