Holcim Philippines to streamline corporate structure
The board of Holcim Philippines Inc (HPI) has approved the merger of three majority-owned subsidiaries (Bulkcem Philippines Inc, Mabini Grinding Mill Corp and Holcim Philippine...
South Asia
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Taiheiyo Cement plans PHP15bn expansion project
Taiheiyo 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 e...
Eagle Cement Corp sees net sales down 16%
Philippine-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...
Long Son Cement to commission third line in December
The third production line of Vietnam’s Long Son Cement, based in the central province of Thanh Hoa, is expected to be put into operation in December 2020, with a design capacit...
Republic Cement forecasts recovery for next year
Nabil Francis, president and chief executive officer of Philippine-based Republic Cement, expects the country’s cement market to decline by 15 per cent YoY this year, before bo...
Vietnam's export volumes fall 5% in October
Vietnam is estimated to have exported 3.2Mt of cement and clinker worth US$126m in October, down 4.8 per cent in volume and five per cent in value YoY, according to the General...
Siam Cement reports 57% rise in profit for 3Q20
Thailand’s Siam Cement saw a 57 per cent YoY rise in consolidated net profit to THB9.74bn (US$311.6m) for the third quarter of 2020, with the result attributed to an 80 per cen...
CeMAP appeals the reduction of import safeguard duty
The Cement Manufacturers Association of the Philippines (CeMAP) has submitted an appeal to the Department of Trade and Industry (DTI), asking it to postpone the reduction of th...
San Miguel looks to increase plastic waste consumption
Philippines-based San Miguel Corp (SMC) is reportedly buying more plastic wastes to fuel its cement plants. "It's a more environment-friendly and sustainable alternative to ...
Construction due to begin on 2.3Mta Dai Duong plant
Vietnam's Ocean Minerals Investment JSC is expected to commence the construction of Dai Duong cement plant on 22 October, with the project representing a total investment of VN...