Cement News tagged under: southeast asia
Dongwu Cement sees revenue fall 26% in 1H2229 August 2022, Published under Cement NewsChina's Dongwu Cement International Ltd has reported revenue of CNY177.8m (US$25.9m) in the first half of 2022, down 25.7 per cent on the same period a year earlier. In terms of gross profit, a loss of CNY13.5m was seen in the 1H22, compared to a profit of CNY45.6m in the 1H21. According to the company, disruptions arising from the COVID-19 pandemic and subsequent quarantine measures had a significant adverse impact on the group’s revenue and financial performance over the six-month period.... |
Indonesia’s cement markets contract 2% in June26 August 2022, Published under Cement NewsCement sales in Indonesia slipped two per cent to 5,438,865 in June 2022 from 5,551,489t in June 2021, according to the Indonesian cement association, ASI. East Indonesia, the country’s smallest market, was the sole province to record an uptick in sales, which increased five per cent YoY to 194,192t in June 2022 from 184,957t. Java, the largest market, saw a 0.8 per cent YoY decline in sales to 2,942,056t in June 2022 from 2,967,079t while Sumatra recorded a 1.1 per cent drop in sales to 1... |
TPI Polene posts 2Q22 sales growth of 21%25 August 2022, Published under Cement NewsTPI Polene posted a 21 per cent YoY growth in sales in the 2Q22 to THB12.5bn (US$346.2m) and 24 per cent growth in revenues to THB13.6bn, partly thanks to forex gains. Overall, the lower volume sales in some product categories were offset by price adjustments compensating for input costs that have been rising since late 2021. For the 1H22 sales reached THB25bn up 29 per cent YoY. The company’s gross profit and core operating margins, at 28.6 and 22 per cent respectively, were still l... |
Ssangyong Cement order fourth KHD Pyrorotor®22 August 2022, Published under Cement NewsSsangyong Cement C&E Company Ltd has ordered another KHD’s Pyrorotor ® for its Donghae plant in South Korea. Ssangyong Cement C&E Company Ltd (Korea) awarded another supply and engineering contract to Humboldt Wedag GmbH for the modernisation of clinker production line five of the Donghae plant. This project marks the fourth Pyrorotor® installation at the Ssangyong plant. The Pyrorotor ® will enable Ssangyong to continuously achieve a thermal substitution rate (TSR) above 85 ... |
Vietnam's Xuan Than Cement to commission Line 3 in October10 August 2022, Published under Cement NewsVietnamese cement producer Xuan Than Cement is expected to bring online its third line, with a cement capacity of 4.5Mta, at the end of October, according to local media. Upon completion, the production line will increase the company’s total capacity in Ha Nam province to 10Mta. The 2.3Mta Long Thanh project is also expected to be commissioned this year. It will add to an already-high cement supply in the 64Mta market. |
thyssenkrupp Industrial Solutions wins Prepol® SC order10 August 2022, Published under Cement Newsthyssenkrupp Industrial Solutions’ Asia Pacific region has won a contract to supply a supply a prepol ® SC combustion chamber for a cement plant in South Korea. The scope of the contract includes engineering, mechanical equipment and some modifications to the preheater tower. The commissioning of the system is planned for the end of 2023. thyssenkrupp Industrial Solutions’ Regional CEO, Lukas Schoeneck, commented: “The current turbulences on the coal market create a lot of pressure i... |
South Korea's cement prices rise again04 August 2022, Published under Cement NewsCement prices in South Korea will rise for a second time this year, leaving ready-mix concrete producers to find ways to lessen the impact, reports Korea JoongAng Daily. Sampyo Cement will increase the price of cement by 11.7 per cent to KRW105,000/t from September. Buyers of Hanil Cement ’s product will pay out 15 per cent more at KRW106,000/t. Sampyo Cement increased its prices by 19 per cent in February 2022, along with Sungshin Cement, SsangYong Construction and Engineering and Ha... |
thyssenkrupp wins Prepol precalciner order03 August 2022, Published under Cement Newsthyssenkrupp Industrial Services in Asia-Pacific has been entrusted to provide a Prepol SC combustion chamber for a cement plant in South Korea. The target is to increase the thermal substitution rate in the calciner of up to 85 per cent without compromising any performance parameters in the pyroprocess. Feeding material will be mainly coarse municipal waste with high moisture levels. The contract constitutes engineering, mechanical equipment and some modifications in the preheater tower. T... |
Cahya Mata Sarawak plans to double its cement capacity27 July 2022, Published under Cement NewsCahya Mata Sarawak (CMS) is looking at doubling its current cement production at the Bintulu grinding plant as the conglomerate plans to ramp up capacity for construction of Indonesia's new capital Nusantara. The Bintulu grinding plant in Sarawak has a current production capacity of 0.75Mta. Regional demand for cement is expected to increase with the Nusantara City project set to be inaugurated in 2024. Indonesian President, Joko Widodo, had said early construction of Nusantara is und... |
Song Lam Cement exports 2.28Mt of cement in 1H2227 July 2022, Published under Cement NewsVietnam-based Song Lam Cement JSC , part of the Vissai Group , exported 2.28Mt of cement in the first half of 2022, according to local media. The Philippines was the largest off-taker of Song Lam cement, importing 713,000t. Other sizeable volumes were bought by China (640,000t) and the USA (628,500t). A further 101,000t was shipped to France and 5000t to Singapore. In terms of production, Song Lam Cement produced 2.53Mt of clinker and 2.84Mt of cement in the 1H22. The company achieved... |