Malayan Cement boosts YTL Corp's FY24 results
YTL Cop Bhd posted a net profit slipped to MYR534.48m in the fourth quarter ended 30 June 2024 (4Q24) compared with MYR548.03m in the previous corresponding period, while reven...
Southeast Asia
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Republic Cement's ecoloop diverts residual waste to co-processing
Republic Cement 's resource recovery group ecoloop reported that it successfully diverted 21.4bn plastic sachets in 2023, equivalent to 110,000t of residual waste used, as alt...
Taiwan Cement Corp increases its shareholding in battery company
Taiwan Cement Corp (TCC) has increased its valuation of battery storage and electric vehicle infrastructure solutions provider New Horizons Ahead (NHOA). TCC, trading as TCC...
Vietnamese cement market contracts 4% in July
Cement sales in Vietnam fell four per cent YoY and slipped two per cent MoM in July 2024 to 4,911,727t, according to the Vietnamese cement association, VNCA. Of this total, VIC...
KHD commissions Pyrorotor® at Halla Cement
KHD Humboldt Wedag has successfully commissioned a second Pyrorotor ® alternative fuel reactor at Line 2 of Halla Cement Corp 's Okke plant in Gangneung-si, South Korea, in...
Semen Indonesia International clinker exports to Taiwan up 80%
PT Semen Indonesia International (SII) reported a significant increase in clinker exports to Taiwan in the first half of 2024. Clinker exports to Taiwan reached 0.564Mt, up 8...
First Gen Corp agrees to supply geothermal energy to Holcim Philippines' plants
First Gen Corp, a Philippines-based renewable energy company, has been chosen by Holcim Philippines to supply electricity from a geothermal energy source to power Holcim’s Mi...
Thailand-based Ratanarak Group buys out Jardine Cycle and Carriage’s Siam City Cement stake for US$354m
The Ratanarak Group has increased its stake in Siam City Cement to 71.88 per cent by buying out Singapore-based Jardine Cycle and Carriage’s 25.54 per cent stake. The value...
PCC approves Consunjis’ acquisition of Cemex Philippines
The Philippine Competitions Commission (PCC) has approved the Consunji Group’s planned acquisition of a majority stake in Cemex Holdings Philippines Inc (CHP). In a statem...
Dai Duong Cement ignites second production line
On 30 July 2024 the Vietnam Dai Duong Cement 7200tpd clinker production line 2 was successfully ignited and put into production. The project's general contractor was Sinoma N...