Holcim Philippines board gives nod for Lafarge talks
Holcim Philippines’ board of directors have authorised the company to “consider and negotiate the purchase” of Lafarge’s shares in Lafarge Illigan Inc, Lafarge Mindanao and Lafa...
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Cemex recognised as employer of the year in the Philippines
Cemex recently won the top recognition by the People Management Association of the Philippines (PMAP) for human resource excellence at its APO Cement Plant in the Philippines. P...
Philippine quarterly cement sales up 11.9% on favourable weather
Philippine cement sales in the third quarter of 2014 rose 11.9 per cent to 5.4Mt from 4.8Mt a year earlier, a preliminary report from the Cement Manufacturers' Association of th...
Vietnam cement prices to rise?
The price of cement in Vietnam could be increased this month, according to the country's Ministry of Finance, without stating a reason for the potential rise. Cement is currentl...
Semen Indonesia scales back full-year growth target
PT Semen Indonesia has reduced its 2014 sales growth target from 5-6 per cent to 4-5 per cent due to a slowdown in cement sector, its corporate secretary, Agung Wiharto, said. M...
Semen Indonesia set to acquire land for new Papua plant
PT Semen Indonesia will soon acquire 500ha of land in West Papua for the construction of a cement plant at a cost of around US$150m. Semen Indonesia corporate secretary Agung Wi...
Semen Tonasa plans Papua factory, Indonesia
PT Semen Tonasa plans to develop a new factory in Papua with a total investment of up to IDR3trn (US$247.08m), to cut distribution costs, according to its CEO, Unggul Atas. Sale...
Semen Indonesia seeks loan for Papua plant construction
Semen Indonesia is seeking IDR600-IDR840bn(US$50-70m) in bank loans to help finance construction of a new cement plant in Jayapura, Papua, according to reports by the Jakarta Gl...
Semen Indonesia eyes Papua plant construction
PT Semen Indonesia is considering the possibility of constructing a cement plant in Papua to meet demand potential in the country’s eastern-most province and reduce distribution...
Indonesian August sales higher
Indonesia cement sales jumped 37.4 per cent YoY to 4.7Mt in August 2014 on the back of higher demand from the property and infrastructure projects.