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 ...
Southeast Asia
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SCG hosts groundbreaking ceremony for Laos cement plant project
SCG has hosted a groundbreaking ceremony for the construction of Khammouane cement plant, its first cement plant in Laos. Present at the ceremony were Pichit Maipoom, President ...
Thailand: Holcim sells stake in Siam City Cement
Holcim Ltd today announces that it has sold its entire remaining shareholding of 27.5 per cent in Siam City Cement (Public) Company Ltd (SCCC) in Thailand via a private placemen...
Indonesian monthly consumption down 6.2%
Indonesian cement consumption during February 2015 fell by 6.2 per cent YoY to 4.2Mt, latest data from the Indonesia Cement Association (ASI) shows.
Vietnam: Nghi Son Cement Corp gets go-ahead for fly ash import
Vietnam’s Deputy Prime Minister, Hoang Trung Hai, has agreed to allow Nghi Son Cement Corp to pilot the import of fly ash over the 2015-16 period. Under approval, Nghi Son Cemen...
Vicem sales up 6.7% in first two months
State-owned Vietnam Cement Industry Corporation (Vicem) said it sold about 3.1Mt of cement and clinker in the first two months of this year, rising 6.7 per cent from a year ago ...
Vietnam monthly sales remain flat
Vietnam’s cement sales remained flat at 5.87Mt in January compared to the month before, the Ministry of Construction said on its website Tuesday. Of the sum, 4.37Mt were sold in...
Holcim Philippines income and revenues rise 13% YoY
Holcim Philippines posted another record performance last year with a double-digit rise in sales on the back of strong and private infrastructure spending.
Malaysia: Tasek Corp full-year profit ahead
Tasek Corporation Bhd's net profit rose 11.86 per cent to MYR105.4m (US$29.1m) compared to MYR93.90m a year earlier despite heightened competition. Revenue rose to MYR656.06m co...
Indonesia's January sales decline
Indonesian cement sales fell by 2.9 per cent YoY to 4.5Mt in January 2015, as heavy rains affected construction activity in several areas.