Cement News tagged under: Thailand

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TPI Polene posts 2Q22 sales growth of 21%

25 August 2022, Published under Cement News

TPI Polene posted a 21 per cent YoY growth in sales in the 2Q22 to THB12.5bn (US$346.2m) and 24 per cent growth in revenues to THB13.6bn, partly thanks to forex gains. Overall, the lower volume sales in some product categories were offset by price adjustments compensating for input costs that have been rising since late 2021. For the 1H22 sales reached THB25bn up 29 per cent YoY.   The company’s gross profit and core operating margins, at 28.6 and 22 per cent respectively, were still l...

Thai cement demand up 11% in May

11 July 2022, Published under Cement News

Domestic sales of Portland cement in Thailand increased 10.9 per cent MoM to 2Mt in May 2022 but when compared with May 2021, sales were down 16 per cent, according the Office of Industrial Economics. In the January-May 2022 period domestic sales declined 6.6 per cent YoY to 10.4Mt. Exports Exports in the first five months of 2022 declined 6.6 per cent YoY to 10.4Mt. Clinker exports increased 32.2 per cent yoY to 3.3Mt while exports of blended cement were up 24.2 per cent YoY to 68,300t. ...

Siam Cement plant catches on fire

11 July 2022, Published under Cement News

PT Siam Cement Group ( SCG) factory on Jalan Palabuhan II, Sukabumi Regency, Thailand, has caught fire. The cause of the fire is not yet known. A number of vehicles and firefighters entered the factory area to extinguish the fire. There were no casualties in the incident. The President Director of PT Semen Jawa and PT Tambang Semen Sukabumi, Somchai Dumrongsil, confirmed the fire outbreak.

Asia Cement’s SWAP

08 June 2022, Published under Cement News

The trend for longer bags in baghouses requires cement plants to review their bag cleaning systems. Gas filtration specialist CTP Team recently installed its advanced SWAP technology at Asia Cement’s Pukrang plant in Thailand, which has improved the efficiency and reduced the cost of its bag cleaning system. By Roberto Binago, CTP Srl, Italy. Figure 1: SWAP technology compared with traditional bag cleaning technology In the cement sector, baghouses equipped with long bags are in...

SCG looks to recover from disrupted markets

11 February 2022, Published under Cement News

SCG, a leading conglomerate from Thailand, found COVID-19 disrupted its markets at home and abroad in 2020-21. Its FY21 results continued to be impaired by the Omicron variant, but the company is pushing ahead with its Green Choice programme of investments and remains optimistic that it can benefit from the improved economic forecasts for domestic construction growth in 2022. SCG's FY21 results reported a four per cent decline in grey cement demand in Thailand. Residential, commercial a...

Siam City Cement Group signs biodiversity MoU with IUCN

21 January 2022, Published under Cement News

Siam City Cement Group (SCCC Group) and the International Union for Conservation of Nature (IUCN) have extended their partnership for another three years by formalising a new Memorandum of Understanding (MoU). The MoU will support the implementation of the INSEE Sustainability Ambition 2030 plan, targeting Net Positive Impact (NPI) on biodiversity at sites where SCCC Group operates. The goal of the partnership is to avoid and minimise biodiversity loss to the maximum extent possible. Ov...

Siam Cement to spend THB70bn on CO2 reduction measures

13 December 2021, Published under Cement News

Siam Cement Group (SCG) has vowed to spend THB70bn (US$2.08bn) on technological innovations to cut CO 2 emissions from its manufacturing by 20 per cent by 2030. The new investment is in line with the UN's Sustainable Development Goals (SDG), the Thai government's bio-, circular and green (BCG) economic model and environmental, social and governance standards (ESG), said Roongrote Rangsiyopash, president and chief executive of SCG. Once it hits the 2030 goal, SCG will continue to move ...

Siam Cement's revenue surges 31% YoY

28 October 2021, Published under Cement News

Thailand’s Siam Cement PCL has seen its net profit decline 30 per cent YoY in the third quarter of 2021, falling to THB6.82bn (US$205m), as it recorded lower demand and an asset impairment related to a plant in Myanmar. However, revenue from sales advanced 31 per cent YoY to THB31.83bn in the 3Q21, supported by its chemical business.

Siam Cement records 83% increase in net profit

11 August 2021, Published under Cement News

Thailand’s Siam Cement has seen an 83 per cent increase in net profit to THB17.14bn (US$512.4m) in the second quarter of 2021, supported by its chemical and packaging businesses. Revenue also advanced 39 per cent YoY to THB133.56bn. The company has also announced a capex target of THB80-90bn for this year.

Siam Cement Group targets digital platform and machine efficiency upgrades

23 June 2021, Published under Cement News

Siam Cement Group (SCG) is maintaining its investment budget at THB65-75bn (US$2.04m-2.36m)   for the second half of this year even though the third wave of the pandemic has damaged its businesses. The company is focusing on digital platforms and is asking the government to support e-commerce and other measures to deal with the pandemic. "Businesses must brace for changes caused by virus spread," said Roongrote Rangsiyopash, SCG president and CEO. SCG plans to spend most of ...