Siam Cement receives approval to set up IPO for packaging unit
The Securities and Exchange Commission of Thailand has given Siam Cement PCL approval to go ahead with its plans for an initial public offer of its packaging unit. SCG Packag...
South Asia
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Fauji Cement appoints CEO/MD and makes resource sharing agreement with Askari Cement
Fauji Cement Co Ltd (FCCL) informed Pakistan Stock Exchange (PSX) on 28 May 2020 that due to expiry of employment contract of Lt Gen Muhammad Ahsan Mahmood, HI (M) (Retd), CEO/...
Cement exports from Pakistan drops due to COVID-19 in 10MFY20
The Federal Bureau of Statistics (FBS) of Pakistan has released cement export data for the 10 months of July 2019 to April 2020. It visibly carries the impact of coronavirus on...
Big Boss Cement orders ready2grind plant
Big Boss Cement cement plant in Pampanga province, Philippines, has ordered a ready2grind modular plant with a four-roller vertical roller mill from Gebr Pfeiffer. The ready2gr...
APMC's Rawang plant to close for upgrade programme
Associated Pan Malaysia Cement (APMC), a wholly-owned subsidiary of Malayan Cement, reportedly released the majority of its employees a few weeks ago, according to The Edge. Fu...
Holcim Philippines resumes operations
Holcim Philippines Inc has restarted manufacturing and logistics operations with stronger health and safety controls at all its sites nationwide, after pausing cement productio...
Tokyo Cement Co (Lanka) Plc sees 23% fall in turnover in 4QFY20
Tokyo Cement Co (Lanka) PLC said the group recorded LKR8.4bn (US$45.1m) turnover for the 4QFY20, which represents a 23 per cent reduction when compared to 4QFY19. The company ...
Vietnamese producers faced falling sales in April
Vietnam’s cement market contracted 11 per cent YoY and 13 per cent MoM as domestic cement sales reached 5,664,973t in April 2020, according to the latest data from the Vietnam ...
BCMA reports 46% fall in domestic cement sales
The current demand for cement in Bangladesh has declined drastically as construction projects have been halted following COVID-19 lockdown, according to the Bangladesh Cement M...
Indonesian cement market contracts 6% in April
Cement consumption in Indonesia fell by 6.3 per cent YoY in April 2020 to 4.514Mt from 4.816Mt In April 2019, according to data published by the Indonesian Cement Association (...