Indonesia: Indocement cuts production by 1Mt
PT Indocement Tunggal TBK will cease operations at two production lines at its Citeureup plant due to the national cement excess, resulting in a 1Mta drop in output levels.
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PT Indocement Tunggal TBK will cease operations at two production lines at its Citeureup plant due to the national cement excess, resulting in a 1Mta drop in output levels.
Demand for cement in Malaysia looks set to grow but slowly in 2016 as production numbers for the first half of the year indicate.
The southeast Asian cement market has seen rapid demand growth in recent years. Backed by favourable macroeconomic trends, it is likely to remain one of the fastest-growing ceme...
Malaysia is proving to be a challenging market for Lafarge where it is reported to have seen profits fall by 72 per cent in 1Q16 to US$5m. While this has resulted partly from pr...
Lafarge Malaysia Bhd is optimistic about its prospects this year despite having had a challenging 1Q16. The company's net profit fell nearly 72 per cent to US$5m in the first qu...
Hume Industries Bhd is seeking a 24-month extension from the Securities Commission (SC) in order to acquire occupation certificate for its Sabah industrial land. The firm had in...
Cahya Mata Sarawak Bhd (CMS) plans to raise MYR1bn (US$255.9m) in syariah-compliant fund for its capital expenditure (capex) requirements and working capital.
LafargeHolcim has inaugurated 0.1Mta of additional grinding capacity at the Ndola cement works in Zambia, taking the annual capacity there to 0.5Mt. In addition to supplying the...
Cahya Mata Sarawak Bhd (CMS) of Malaysia said group revenue rose seven per cent to MYR1.79bn (US$430m) in 2015 from MYR1.67bn a year earlier, mainly driven by the Construction M...
Lafarge Malaysia Bhd reported a pretax profit of MYR345.157m (US$82.86m) for the financial year ended 31 December 2015 versus MYR345.183m a year earlier. ― Lafarge Malaysia Bhd ...