Siam Cement records 83% increase in net profit
Thailand’s Siam Cement has seen an 83 per cent increase in net profit to THB17.14bn (US$512.4m) in the second quarter of 2021, supported by its chemical and packaging businesses...
South Asia
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Vietnam considers higher cement export tariff
Vietnam’s Ministry of Finance (MoF) has reportedly proposed that the government consider increasing the export tariffs for clinker to 10 per cent from five per cent, according t...
Holcim Philippines invests to improve sustainability
Holcim Philippines is set to invest PHP210m (US$4.18m) in projects to reduce the fuel consumption and increase mineral additive usage at its cement plants in Bacnotan, La Union,...
Siam Cement Group targets digital platform and machine efficiency upgrades
Siam Cement Group (SCG) is maintaining its investment budget at THB65-75bn (US$2.04m-2.36m) for the second half of this year even though the third wave of the pandemic has damag...
Vietnam’s export boost Premium
Vietnam’s total cement and clinker sales expanded by 0.9 per cent YoY in 2020 to 97.5Mt, according to FiinGroup. Of this total, domestic cement consumption was 62.1Mt, declining...
Indonesia’s face of recovery
COVID-19 restrictions disturbed the Indonesian cement market last year, with demand and utilisation levels falling as the country continues to exhibit a significant capacity ove...
Vietnam market expands 16% in April
Cement dispatches in Vietnam reached 6.551Mt in April 2021, up 16 per cent YoY, according to the Vietnam Cement Association (VNCA). VICEM reported a 17 per cent YoY rise in sale...
Lami cement plants warned of need for local correspondence on emissions
Cement companies in Lami, Fiji, have been urged to hold virtual meetings with the residents. Permanent Secretary for Environment, Joshua Wycliffe, says this will ensure that the...
Vietnam's cement exports surge while domestic prices rise
Vietnam's Department of Building Materials, Ministry of Construction, reports that in the first four months of 2021, the country’s consumption of cement products is estimated to...
North Sulawesi exports 63,046t in May
Indonesia’s North Sulawesi province exported 63,046t of cement to Taiwan, the Philippines and Malaysia in May 2021, according to the North Sulawesi Industry and Trade Office. Th...