Vietnam cement sales contract 16% in 2023
Cement sales in Vietnam declined by seven per cent to 5,295,422t in December 2023, reports the Vietnam National Cement Association (VNCA). Of this total, 1,567,174t of cement wa...
Southeast Asia
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Thailand’s low-carbon transition
Thailand’s plan to accelerate state investment despite high debt levels is expected to result in favourable construction growth. Meanwhile, the country’s cement industry is in t...
Vietnamese market contracts 15% in November
Cement dispatches in Vietnam declined by 15 per cent YoY to 4,965,222t in November 2023, according to the Vietnam National Cement Association, VNCA. Of this total, 1,525,967t wa...
First Graphene successfully completes Phase 2 Trial at Breedon Cement
First Graphene has successfully completed the second phase of graphene-enhanced cement trials in collaboration with Breedon Cement Ltd at the cement producer’s Hope Cement Works...
Vietnamese cement market contracts 18% in October
Cement sales in Vietnam declined by 18 per cent YoY to 4,725,367t in October 2023 when compared with October 2022, according to the Vietnam National Cement Association (VNCA). O...
Thailand pins hopes on Land Bridge Project
Thailand’s economy grew much slower than expected in the third quarter of 2023. According to the country’s National Economic and Social Development Council (NESDC), GDP expanded...
Hume Cement sees return to profit in 1QFY23-24
Malaysia-based Hume Cement reported a MYR48.33m net profit for the 1QFY23-24, ended 30 September 2023 versus a net loss of MYR12.04m in the year-ago period. Revenues advanced to...
Indonesia’s increased 9M23 demand sees positive results for key producers
Indonesian cement consumption increased 4.4 per cent YoY and 2.7 per cent MoM to 6.12Mt in October 2023, as infrastructure projects in Sumatra were completed and work progressed...
Holcim signs power agreement with Berde Renewables
Holcim Philippines has signed a power purchase agreement with Berde Renewables, a distributed energy platform of I Squared Capital. Holcim will use solar rooftop projects on its...
Vietnam’s cement market contracts 21% in 9M23
Cement sales in Vietnam dropped 21 per cent YoY to 4,031,951t in September 2023, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM reported sales...