Cement News tagged under: south Asia
PT Semen Padang exports 1.5Mt in 202008 January 2021, Published under Cement NewsIndonesia’s PT Semen Padang has announced it exported more than 1.5Mt of cement and clinker to various destinations during 2020, including Bangladesh, China, Malaysia, Myanmar, the Philippines, Australia, Maldives and Sri Lanka. The most clinker exports were sent to Bangladesh, Myanmar, China, Malaysia and the Philippines. The majority of cement exports were dispatched to Australia, Maldives and Sri Lanka. Total cement exports reached 200,000t and clinker 1.35Mt. The company also expec... |
DTI reviews cement import duty08 December 2020, Published under Cement NewsThe Philippines’ Department of Trade and Industry (DTI) has ordered that, for the second year of the three-year implementation period of the safeguard measure against imported cement, a PHP9.80 (US$0.2) duty will be imposed on every 40kg bag of imported cement or PHP245/t. The second-year duty covers cement imports from various countries from 22 October 2020 to 21 October 2021, according to the Manila Bulletin. For the first year, the DTI imposed a safeguard duty of PHP10/40kg bag and ... |
Hazemag supplies NCC Northern Cement with two new crushers08 December 2020, Published under Cement NewsHazemag Systems Gmbh has supplied two crushers to NCC Northern Cement Corp in Philippines in partnership with our local partner PrinceACE Corp. In September 2020 Hazemag Systems received an order from San Miguel Northern Cement Inc for the delivery of two Hazemag Roller Crushers HRC 1230. The two roller crushers are designed for 800tph of shale, silica and pozzolan for Line A. With a dimension of approximately 8857mm length, 6477mm width and 2222mm height the roller crushers are one ... |
Start-up of Scheuch's new baghouse at SCG Siam Cement03 December 2020, Published under Cement NewsSiam Cement Group's (SCG) KK5 project in Thailand is now fully assembled. The project sees the commissioning of a new Scheuch bag filter. The leakage test and the precoating was carried out at the start of November 2020, after which the plant went into operation for dust filtration of approximately 1,000,000m 3 /h exhaust air from the cement kiln. The new bathhouse replaces the existing electrostatic precipitator. The conversion of the next production line, KK6, will take place imme... |
Philippines: poised to rebound?02 December 2020, Published under Cement NewsHaving being one of southeast Asia’s strongest performers in recent years, the Philippines construction and cement industries have been hit by the impact of COVID-19 during the 1H20. However, the easing of restrictions, some positive economic indicators and pent-up demand could lead to cement consumption bouncing back in 2021. By Jagdeep Verma, Holtec Consulting, India. Holtec India endeavours to examine the impact of COVID-19 on the Philippines cement industry and share its views ... |
Vietnam produces 90.3Mt of cement in 11M2001 December 2020, Published under Cement NewsVietnam is estimated to have produced 90.3Mt of cement in the first 11 months of 2020, up 3.4 per cent YoY, according to data from the country’s General Statistics Office. In November, cement output is projected to have risen 4.6 per cent YoY to 9.1Mt. The country exported 3.5Mt of cement and clinker worth US$140m in November, down 3.3 per cent YoY in volume and 3.1 per cent in value. In the first 11 months of 2020, Vietnam earned US$1.32bn from exporting 35.18Mt of cement and clink... |
YTL Corp posts 18% rise in revenue27 November 2020, Published under Cement NewsMalaysia’s YTL Corp has posted an 18.2 per cent MoM increase in revenue to MYR4.2bn (US$1.03bn) for the third quarter of 2020, compared with MYR3.5bn in the 2Q20. Pre-tax profit also improved to MYR136.8m from a loss of MYR135.5m in the previous quarter. The sequential improvement in performance was mainly driven by its cement and utilities segments. |
Holcim Philippines to streamline corporate structure24 November 2020, Published under Cement NewsThe board of Holcim Philippines Inc (HPI) has approved the merger of three majority-owned subsidiaries (Bulkcem Philippines Inc, Mabini Grinding Mill Corp and Holcim Philippines Manufacturing Corp) into the company to streamline corporate structure. The company is now expected to hold a special stockholders’ meeting on 15 January 2021 for the approval of the transaction. Bulkcem Philippines currently leases its Iloilo bulk terminal to HPI, while Mabini Grinding Mill Corp leases its gri... |
Taiheiyo Cement plans PHP15bn expansion project13 November 2020, Published under Cement NewsTaiheiyo Cement is planning to invest PHP15bn (US$309.3m) to expand production at its plant in Cebu, Philippines. The company’s local subsidiary will construct a new line and expand shipping bases to Luzon, Iloilo, and Davao, according to a Department of Trade and Industry (DTI) press release. The company is also expected to install a 2km-long marine belt conveyor and expand its port in Cebu. The project, already underway, is anticipated to expand cement production capacity by 50 per cent... |
Eagle Cement Corp sees net sales down 16%12 November 2020, Published under Cement NewsPhilippine-based Eagle Cement Corp has reported a net profit of PHP1.4bn (US$28.96m) in the 3Q20, remaining unchanged from the year-ago period. However, its net sales were down 16 per cent YoY to PHP4.1bn. "The resumption of major infrastructure projects and retail segment boosted sales. We are optimistic that fourth-quarter results will be better as more sectors of the economy are reopened," said Paul Ang, president. Eagle Cement’s nine-month net sales declined 35 per cent to PHP10bn ... |