Asian shift in construction
As India builds its economy, the country has seen strong industrial investment and looks to overtake China. This shift is also observed in Malaysia and Indonesia, where the cost...
Malaysia
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Cementir's reports Turkish revival in 2024 results
Cementir' s regional results for the 2024 saw strong cement sales in Türkiye and stable sales in Denmark and USA, but elsewhere cement performances came under pressure from slow...
Cement Industries of Malaysia Bhd releases NS OptimoCrete
Cement Industries of Malaysia Bhd (CIMA), a subsidiary of UEM Group Bhd, has introduced NS OptimoCrete, Malaysia's first 52.5 grade Portland limestone cement (PLC). NS OptimoCre...
BCS says no logging taking place at Tongod cement factory
There is no forestry at the site of the proposed clinker and cement factory in central Sabah’s Tongod district, Malaysia, says Borneo Cement chairman. Datuk Masiung Banah: "Init...
Malayan Cement reports 156% increase in pretax profit
Malayan Cement Bhd , majority-owned by YTL Cement Bhd , has reported notable financial results for FY23-24 (ending 30 June 2024). The Malaysian building materials group posted a...
YTL Cement Singapore completes NSL acquisition
YTL Cement Singapore Pte Ltd has finalised its acquisition of NSL Ltd, a Singapore-based investment holding company that supplies building materials, from 98 Holdings Pte Ltd. T...
Mitsubishi UBE Cement Corp to collaborate with Malaysia on CCS project
Mitsubishi UBE Cement Corp (MUCC) – in collaboration with The Kansai Electric Power Co Inc, Kyushu Electric Power Co Inc, Cosmo Oil Co Ltd, The Chugoku Electric Power Co Inc, El...
Cahya Mata Sarawak Bhd sees 27% growth in 2Q net profit
Cahya Mata Sarawak Bhd , a Malaysia-based cement manufacturer has released its 2Q24 earnings, for the period ended 30 June 2024. The group’s revenue fell four per cent YoY to MY...
Malayan Cement boosts YTL Corp's FY24 results
YTL Cop Bhd posted a net profit slipped to MYR534.48m in the fourth quarter ended 30 June 2024 (4Q24) compared with MYR548.03m in the previous corresponding period, while revenu...
YTL Cement to acquire NSL
Malaysian cement producer, YTL Cement, has agreed to acquire Singapore-based NSL for MYR792m (US$169.5m). According to Business Today, NSL is principally involved in the provisi...