Sarawak considers importing cement from Thailand
The Borneo-based Sarawak Economic Development Corp (SEDC) and the Bintulu Development Authority (BDA) are planning to create a joint venture to import cement from Thailand to ad...
Malaysia
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Malayan Cement reports 98% rise in revenue
Malayan Cement Berhad , part of YTL Cement Berhad , has reported revenue of MYR2.71bn (US$605.6m) in FY2022, up 98 per cent on the previous year. Net income has come in at MYR83...
Makin Teguh Sdn Bhd launches Lahad Datu cement plant
Makin Teguh Sdn Bhd (MTSB), in which Bornoil holds a 30 per cent stake, has opened a new cement plant, located adjacent to Borneo’s first limestone and marble quarry in Sabah, n...
Cahya Mata Sarawak plans to double its cement capacity
Cahya Mata Sarawak (CMS) is looking at doubling its current cement production at the Bintulu grinding plant as the conglomerate plans to ramp up capacity for construction of Ind...
CMS sees 1Q revenues up by 6%
Malaysia-based Cahya Mata Sarawak Berhad (CMS) reported a revenue of MYR214.04m for the first quarter ended 31 March 2022, up six per cent YoY from MYR202.06m. Profit before tax...
Borneo Oil increases investment in Sabah cement plant
Borneo Oil Bhd increased its investment to MYR50.7m (US$12m) in Sabah’s first integrated clinker and cement plant, which is expected to be commissioned by the 3Q22. The plant is...
Malaysian raw material costs push up cement prices
The current cement price in Malaysia has been hiked due to increases in the cost of raw materials, especially coal in the international market, says Sharuddin Omar Hashim, Cemen...
Cementir records strong regional results in 2021
Cementir 's regional markets results for 2021 produced increasing revenues in all markets. The highest revenues outside of Italy were recorded in Belgium and France. Norway and ...
Malayan Cement swings into the black in 2QFY21-22
Malaysia-based cement producer Malayan Cement Berhad reported a surge in revenues to MYR821.045m in the 2QFY21-22 (ending 31 December 2021, up from MYR350.47m in the 2QFY20-21. ...
CMS raises cement price due to higher costs
Malaysia-based CMS is introducing a 10 per cent price hike from 17 February, the first one since 2016, according to Market Screener. The company attributes the need to raise pri...