Siam Cement outlines investment to strengthen ASEAN presence
Siam Cement Group, Thailand's largest building materials company, is preparing to invest THB3.19bn (US$$100m) in its core business, part of the company's to strengthen its high-...
Asean
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Semen Indonesia Myanmar investment delays
Semen Indonesia may have to postpone expansion into Myanmar until next year due to prolonged negotiations with its local partner, a company executive told the Jakarta Post. Fina...
Vicem cement output rises 4.7% YoY
State-owned Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, produced 10.24Mt of cement in the first seven months of this year, rising 4.7 per...
Indonesian demand poised for recovery
Indonesian cement demand is poised to pick up following a 25 per cent YoY decline last month, analysts at CIMB have said.
Tasek 2Q revenue lifted by domestic cement sales
Tasek Corp Bhd reported a 20.78 per cent rise in revenue for the second quarter, driven by higher demand for cement in its domestic market of Malaysia.
Semen Indonesia outlines 2015 capex
Semen Indonesia has earmarked US$500m in capex next year in anticipation of an increase in infrastructure projects over the next five years, its president director has said.
Vietnam cement production rises 6.5%
Vietnam produced 4.9Mt of cement in July, up 6.5 per cent from both June 2014 and from the year-ago period, the government’s General Statistics Office (GSO) said.
SGC second-quarter declines on weaker demand
Siam Cement Group (SCG) reported a 14 per cent decline in second-quarter net profit due in part to weaker domestic cement demand as months of political unrest have delayed spend...
Holcim Philippines 1H14 net profit up on strong sales
Holcim Philippines booked a net profit of PHP3.32bn (US76.5m) in the first half of 2014, up 8.7 per cent compared to the same period of last year.
Semen Indonesia increases Vietnam spend
Semen Indonesia has increased the amount it plans to spend on its next Vietnamese acquisition as it sets its sights on a higher-capacity purchase.