Lafarge Malaysia expects subdued demand, higher prices
Lafarge Malaysia expects subdued domestic cement demand to continue in 2019 but prices are anticipated to increase due to higher production costs. A report in the Edge Financial...
Asean
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SCG records 6% rise in revenue for 2018
Thailand’s Siam Cement Group (SCG) announced a six per cent YoY rise in sales revenue to THB478.4bn (US$15.3bn) for 2018. However, profit for the year decreased 19 per cent from...
Eagle posts flat 2Q earnings
Eagle Cement Corp of the Philippines reported a one per cent rise in earnings for the second quarter of this year as wet weather affected results.
Holcim Indonesia half-year sales decline 10% YoY
Holcim Indonesia reported a 10 per cent decline in sales to IDR4288bn in the first half of 2017 due to “tough market conditions exacerbated by the timing of Ramadan,” the compan...
SCG revises down full-year outlook
Siam Cement Group's (SCG) has revised down its sales growth outlook for 2017 as net profits in cement and building materials fell by 29 per cent YoY in the 2Q17. The company's t...
Cambodia plant set to begin operations at year-end
Battambang Conch Cement, a joint venture between Cambodia’s Battambang KT Cement and Conch International Holdings, is set to begin operations of its 1.8Mta cement plant in Batta...
Indonesia 1H sales dip, exports rise
Cement sales in Indonesia registered a slight decline over the first half of this year, while exports sales fared better over the six-month period, according to the latest indus...
Loesche to supply Bim Son Cement
Bim Son Cement JSC has awarded Loesche the contract to supply a vertical roller mill for the grinding of clinker and granulated blast furnace slag at the Bim Son cement plant in...
Republic Cement outlines capacity development plans
Philippine-based Republic Cement group, a joint venture between CRH and local conglomerate Aboitiz Equity Ventures, has announced plans to invest an initial US$300m for its capa...
BOI seeks further industry investments
The Philippine Board of Investments (BOI) is seeking investment in the cement sector as it expects demand to hit 40Mta by 2020 due to a peak in government infrastructure spendin...