Prosperity Indonesia plans new investment
Prosperity Indonesia, an engineering company from Hong Kong, plans to build its second cement plant worth US$400m in Tuban, East Java, at the end of this year, the Jakarta Glob...
Southeast Asia
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CMS grinding unit on track for 2016 commissioning
A new grinding plant by the CMS Group is progressing well with trial production scheduled for the end of 2015, according to the group's managing director. Richard Curtis told...
Vietnam Jan-April output climbs 5.3% YoY
Vietnam produced 19.9Mt of cement in the first four months of this year, up 5.3 per cent from a year ago, including 5.9Mt in April, the government-run General Statistics Office...
Cemex completes Apo Cement expansion
Cemex Philippines has inaugurated a new PHP3bn (US$67.3m) cement mill at its Apo Cement plant in Naga City, Cebu, as part of its comprehensive expansion plan in the country. P...
Holcim Indonesia's 1Q15 revenue declines on weak demand
Holcim Indonesia recorded a decline in sales revenue of five per cent to IDR2.25trn in the first three months of the year, as volumes were down by seven per cent, reflecting t...
Philippine first-quarter cement sales up 9.6%
Philippine cement sales grew 9.6 per cent in the first quarter from a year ago to 5.7Mt, latest statistics from the Cement Manufacturers Association of the Philippines (CeMAP) ...
Semen Indonesia eyeing another Vietnamese acquisition
Semen Indonesia is looking to acquire a second cement producer in Vietnam to further bolster its presence in the southeast Asian country. Director of finance Ahyanizzaman sai...
Lafarge Republic inaugurates new mill at Teresa works, Philippines
Lafarge Republic Incorporated (LRI) inaugurated a new cement mill in its Teresa plant, Rizal, the Philippines, on Wednesday. The new Fives FCB Horomill has a cement capacity o...
Hoang Phat Vissai Group acquires control of Song Lam 2 Cement
Hoang Phat Vissai Group has acquired Song Lam 2 Cement JSC in Vietnam's central province of Nghe An from state-owned PetroVietnamCement 12/9 JSC. The group will invest VND500...
Ha Tien 1 Cement targets US$17.07m pretax profit
Ha Tien 1 Cement JSC (HT1), the largest cement maker in Vietnam by market capitalisation, targets a pretax profit of VND367bn (US$17.07m) this year, down 7.32 per cent YoY. Its...