Ho Chi Minh City proposes no new cement licences
Vietnam's Ho Chi Minh City has proposed Vietnam's Ministry of Construction to adjust its cement development plan, so that no new cement projects will be licensed in the metropol...
Asean
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Cemex Philippines sees 2H acceleration
Cemex Holdings Philippines Inc is optimistic that its sales volumes will recover from the subdued first quarter and grow by three per cent by the end of the year from the 5.1Mt ...
Vietnam Jan-May sales up 6%
Vietnam sold 33.27Mt of cement in the first five months of this year, an increase of six per cent YoY, fulfilling 41.58 per cent of the whole-year target, the country's Ministry...
Cemex Philippines remains positive on construction prospects
Cemex Philippines has said it remains confident on the prospects for domestic construction activity on the back of government investment in infrastructure after seeing lower vol...
Semen Baturaja reports IDR259bn net profit in 2016
Indonesia state-owned cement producer Semen Baturaja reported an IDR259bn (US$19.4m) in net profit last year, ANTARA News reports.
Holcim Philippines sees 'challenging' 1Q17
Lower public infrastructure spending, tighter industry competition and higher production expenses led to a dip in Holcim Philippines' first-quarter financial performance, the co...
Siam City Cement plans refinancing bond
Siam City Cement, Thailand’s second-largest cement producer, has been on the road to meet fixed-income investors for a planned sale of THB13bn (US$377.8m) bond.
Lafarge Malaysia earnings expected to bounce back
Lafarge Malaysia Bhd’s (Lafarge) earnings are expected to bounce back in FY17 and FY18 on the back of local cement sales growth as well as contributions from its collaboration w...
Siam Cement predicts high demand for cement next year
Demand for cement in the Asean region is expected to rise further in 2017, according to Siam Cement Group (SCG) President and CEO, Roongrote Rangsiyopash. Rangsiyopash argued ce...
Indonesia: Semen Baturaja reports double-digit sales growth
Semen Baturaja achieved a 20.66 per cent rise in cement sales last year to IDR1.46trn (US$109.32m), the Indonesian stated-owned cement company has said. The sales growth has ena...