Vietnamese cement producers come under pressure
Vietnam's cement sector has come under pressure from falling consumption, particularly in its key export markets. Exports of clinker and cement amounted to 24.7Mt in the first 9...
Southeast Asia
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PT Semen Indonesia reports 2% drop in 1H revenues
PT Semen Indonesia saw a 2.1 per cent slip in total revenues to IDR15.876trn in the 1H22 when compared with the year-ago period. The company attributed the decrease mainly to lo...
Holcim supports waste recycling in Philippines
Holcim Philippines Inc and its waste management unit, Geocycle, pledged to support the municipalities of Binangonan, Cainta and Taytay in Rizal in managing their waste sustainab...
Semen Indonesia integrates Semen Baturaja
PT Semen Indonesia Tbk (SMGR) announced it will acquire 7.49bn shares, or a 75.51 per cent stake, of PT Semen Baturaja Tbk (SMBR). As a result, Semen Indonesia will become the o...
Makin Teguh Sdn Bhd launches Lahad Datu cement plant
Makin Teguh Sdn Bhd (MTSB), in which Bornoil holds a 30 per cent stake, has opened a new cement plant, located adjacent to Borneo’s first limestone and marble quarry in Sabah, n...
Vietnam’s cement consumption up 6% in July
Vietnam’s cement market expanded six per cent to 5,199,736t in July 2022 when compared with July 2021, according to the Vietnam National Cement Association (VNCA). VICEM sales a...
Indonesian cement and clinker exports decrease 36% in June
Total exports from Indonesia declined by 35.5 per cent in June 2022 as the country’s cement producers supplied 665,760t of cement and clinker to overseas destinations, according...
Dongwu Cement sees revenue fall 26% in 1H22
China'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...
Indonesia’s cement markets contract 2% in June
Cement 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 c...
TPI Polene posts 2Q22 sales growth of 21%
TPI 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, ...