Holcim Philippines posts 4% decline in net sales in 9M23
Holcim Philippines has posted a 105 per cent YoY rise in net income to PHP999.4m (US$17.82m) in the first nine months of 2023, compared to PHP487.9m in the same period a year ea...
South Asia
308 posts · Page 14 of 31
Borneo cement shortage threatens construction projects
A shortage of cement in Sabah, Borneo, is having a significant impact on the state's construction industry, particularly in the towns of Sandakan, Lahad Datu and Tawau in the ea...
Heidelberg Materials acquires PT Semen Grobogan plant
Heidelberg Materials , via its subsidiary Indocement , has signed an agreement to acquire 100 per cent of the shares in PT Semen Grobogan ’s integrated cement plant located in C...
CEMEX Philippines makes impressive debut on S&P's sustainability index
CEMEX Philippines has been placed in the top 25 per cent of the construction materials industry in the S&P Global Corporate Sustainability Assessment (CSA) for 2022. Marking the...
Malaysian cement demand set to flourish, says report
Cement demand in Malaysia will continue to flourish in the medium-to-long term, supported by major infrastructure projects across the country, reports RHB Investment Bank Resear...
Siam Cement puts chemicals IPO on hold
Thailand-based Siam Cement has announced that it is postponing the initial public offering (IPO) of its SCG Chemicals business. According to Reuters News, the decision is due to...
Sarawak signs MoU with two cement producers
Sarawak’s cement industry is set to expand with the arrival of YTL Cement Bhd and SCG International (Thailand). Innocement Sdn Bhd, a joint venture between Sarawak’s Economic De...
Nickel miner FNI to diversify into cement
Philippines-based nickel miner, Global Ferronickel Holdings Inc (FNI), is reportedly looking to expand into the cement industry, adding to its existing nickel and ports business...
Holcim Philippines to delist from Philippine Stock Exchange
Holcim Philippines is voluntarily delisting from the Philippine Stock Exchange (PSE) after its major shareholder Holderfin BV acquired additional Holcim shares from Sumitomo Osa...
Cahya Mata adds new clinker line
Malaysian cement producer Cahya Mata Sarawak Bhd has been given approval to build a 1.9Mta clinker line in Kuching, Sarawak. The MYR750m (US$160.6m) line will have a production ...