Indocement sees 3% rise in profit in 2022
PT Indocement Tunggal Prakarsa Tbk (INTP), part of Heidelberg Materials , reported a profit of IDR1.84trn (US$123.2m), up three per cent YoY, in 2022. Net revenue was up 10.5 pe...
Southeast Asia
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Semen Indonesia sales volume declines 3% in 2022
Semen Indonesia Group (SIG) recorded lower sales volume inline with lower domestic demand in 2022. Domestic cement sales volume weakened by 3.4 per cent YoY to 63.03Mt led by a ...
Vietnamese cement market expands 16% in February
Domestic cement dispatches in Vietnam increased by 16 per cent YoY to 4,080,321t in February 2023, according to the Vietnam National Cement Association (VNCA). Of this total, VI...
SCG reports 7% increase in revenue
The Siam Cement Public Co Ltd (SCG) reported a 14 per cent drop in sales revenue to THB122,190m (US$3510.1m) in the 4Q22 when compare with the 4Q21. The company’s EBITDA fell by...
Pan-United Corp wins Tuas Port low-carbon concrete order
Pan-United Corp Ltd is driving sustainable change in Singapore’s built environment with the use of 360,000m 3 of CO 2 mineralised concrete over a 2.5-year period for the Tuas Po...
Cement sales in Vietnam drop 39% in January
Domestic cement sales by Vietnam’s cement producers saw a 39 per cent YoY fall to 2.782Mt in January, reports VNCA, the country’s cement association. Of this total, VICEM sales ...
Vietnam cement market expands 8% in 2022
Cement sales in Vietnam declined nine per cent YoY and seven per cent MoM to 5.694Mt in December 2022, according to the country’s cement association, VNCA. Of this total VICEM c...
Cebu cement production on the rise
The Philippines welcomed a new cement producer to its market this week as Century Peak Cement Manufacturing Corp (CPCMC), a subsidiary of Century Peak Holdings Corp, received a ...
CEMEX Philippines signs biosolids partnership
CEMEX Philippines and Manila Water Co recently signed a partnership allowing the use of biosolids as alternative fuels, a first in the Philippines and a major accomplishment in ...
Holcim and Geocycle accelerate green growth
Geocycle and Holcim have been paving the way for using low-carbon alternative fuels to reduce carbon emissions and divert industrial by-product waste from landfill. The US and C...