YTL Corp Bhd's net profit rises to MYR16m
YTL Corp Bhd’s net profit jumped to MYR16.09m (US$3.9m) in the 2QFY21, ended 31 Dec 2020, from MYR1.29m in the preceding quarter, thanks to a strong showing by its multi-utiliti...
Southeast Asia
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Cemex Philippines resets opening date for Antipolo plant
Cemex Philippines is postponing the opening of its new integrated cement plant in Antipolo City to January 2022. The original target date for completion of the project was Decem...
Cemex Philippines records net income of PHP98m in 2020
Cemex Holdings Philippines Inc reported a 23 per cent weaker net income of PHP985m (US$20.54m) in 2020 from PHP1.3bn in 2019, as the coronavirus impacted its operating earnings....
All of SIG’s cement plants now operate on alternative fuels
PT Semen Indonesia Tbk (SMGR) has released a goal of getting all of its cement plants to operate on alternative fuel. This effort will also support the government’s aim of reduc...
Taiheiyo signs capital investment agreement in Solusi Bangun Indonesia
PT Solusi Bangun Indonesia Tbk (SMCB), PT Semen Indonesia Industri Bangunan and Japan-based Taiheiyo Cement Corp signed a capital transfer and inclusion agreement and cement sal...
Indocement targets 4% sales growth
HeidelbergCement-owned PT Indocement Tunggal Prakarsa Tbk is targeting a four per cent sales volume growth this year on the condition that the business world will resume operati...
Holcim Philippines releases a new dry mortar
Holcim Philippines Inc has developed a new multipurpose mortar product that is a dry-mix solution for high-quality walls, floors and tile building projects. Called Holcim Multif...
Vietnamese market sees 11% drop in October
Cement demand in Vietnam fell by 11 per cent YoY to 4,899,301t in October 2020. However, when compared with September 2020, a two per cent uptick was reported by the VNCA, the c...
Hazemag supplies NCC Northern Cement with two new crushers
Hazemag Systems Gmbh has supplied two crushers to NCC Northern Cement Corp in Philippines in partnership with our local partner PrinceACE Corp. In September 2020 Hazemag Systems...
Republic Cement aims to double plastic co-processing by 2021
Republic Cement’s resource recovery arm, ecoloop, plans to co-process a minimum of 10m plastic sachets or bags per day at its plant in the Philippines by the beginning of next y...