Vietnam sees fall in January domestic sales while exports advance
Vietnam saw a 24 per cent drop in cement sales to 4,133,512t in January 2022 when compared with January 2021, according to the Vietnam National Cement Association (VNCA). Of t...
Southeast Asia
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Fernando Libonati to lead Business Development at FCT
Fernando Libonati has been appointed as the Head of Business Development for FCT within the Asia-Pacific and Middle East regions. Mr Libonati commenced in this role in January...
BMH Technology Oy wins MSW to RDF project order in Vietnam
BMH Technology Oy will supply a Tyrannosaurus ® waste-to-fuel plant to TTCL Vietnam Corp Ltd as the main EPC Contractor in Bắc Ninh province, Vietnam. The line will pro...
Solid Cement advances US$323m expansion
Philippines-based Solid Cement Corp , part of Cemex Holding Philippines, will finally move forward with its long-delayed capacity expansion despite the rise in cost from US$23...
San Miguel Cement may double capacity at Davao plant
San Miguel Corp (SMC) said its affiliate Southern Concrete Industries Corp may look to double the manufacturing capacity of its new Davao cement plant . Southern Conc...
CMS raises cement price due to higher costs
Malaysia-based CMS is introducing a 10 per cent price hike from 17 February, the first one since 2016, according to Market Screener. The company attributes the need to rais...
SCG looks to recover from disrupted markets
SCG, a leading conglomerate from Thailand, found COVID-19 disrupted its markets at home and abroad in 2020-21. Its FY21 results continued to be impaired by the Omicron variant,...
VICEM sees 29.4Mt of cement and clinker sold in 2021
Vietnam-based Vietnam Cement Industry Corp (VICEM) sold 29.44Mt of cement and clinker in 2021, reflecting stable sales when compared with 2020, according to local media. VI...
Semen Indonesia looks forward to 4% FY22 expansion
Semen Indonesia expects to grow 3-5 per cent YoY in FY22, up from two per cent in FY21 as the key market for bagged cement (mainly for home renovations and small home cluster ...
Ha Tien sees 65% drop in 4Q net profit
Ha Tien 1 Cement JSC , in which Vietnam Cement Industry Corp holds a 79.7 per cent stake, reported a 65.4 per cent YoY fall in consolidated net profit to VND53.32bn (US$2.3m) ...