Sharp rise in Indonesian cement demand in June
Cement consumption in Indonesia rose by 29.2 per cent YoY to 4.86Mt in June 2020, according to Widodo Santoso, chairman of the Indonesian Cement Association (ASI). "This is bec...
South Asia
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Holcim Philippines expected to remain within group
Following the lapse of sale agreement with San Miguel Corp earlier this year, Holcim Philippines is now expected to remain within LafargeHolcim, according to the company's CEO,...
Eagle Cement Corp will pursue expansion plans
Eagle Cement Corp will pursue its expansion plans despite the impact of the coronavirus pandemic. Expansion-related capital expenditures will continue while spending for non-c...
thyssenkrupp Industrial Solutions relocates Asia Pacific cement business HQ to Vietnam
thyssenKrupp Industrial Solutions has moved is Asian-Pacific headquarters to Hanoi in Vietnam. The company has more than 80 employees in its Vietnam office with further regiona...
Eagle Cement Corp aims to complete Bulacan expansion in 2020
Philippine-based Eagle Cement Corp is now looking to complete its 2Mta Bulacan plant expansion before the year ends, following delays related to the COVID-19 pandemic. "This ...
Emami Cement sale is completed by Nuvoco Corp
Emami Ltd said on Tuesday that the group has completed sale of Emami Cement to Nuvoco Corp Ltd for an enterprise value of INR55bn (US$724.83m). “The deal was completed with th...
Solusi Bangun Indonesia reviews its capex after challenging 2Q20
Semen Indonesia-owned Solusi Bangun Indonesia (SBI) is reviewing its capital expenditure plans for 2020 due to the coronavirus pandemic, according to Bisnis. "The current cond...
Petra Cement starts commercial operation of Gebr Pfeiffer mill
Petra Cement Inc of the Philippines successfully brought on line in early December a Gebr Pfeiffer ready2grind system, on the Mindanao archipelago and more precisely in the reg...
Pan-United signs MoU to reduce Singapore's CO2 emissions
Pan-United, Keppel Data Centres, Chevron and Surbana Jurong, with the support of the National Research Foundation, have signed a Memorandum of Understanding (MoU), committing t...
Malaysia’s CMS sees 64% drop in net profit
Malaysia-based Cahya Mata Sarawak Bhd (CMS) reported a 32.5 per cent drop in revenue to MRY282.5m (US$65.9m) in the first quarter of 2020. Its cement segment saw revenues fall ...