Southeast Asian producers eye eastern Indonesian investments
A number of Southeast Asian companies are reportedly eyeing the construction of cement plants in eastern Indonesia, according to Andi Unggul Attas, president director of PT Sem...
Southeast Asia
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Semen Indonesia seeks loan for Papua plant construction
Semen Indonesia is seeking IDR600-IDR840bn(US$50-70m) in bank loans to help finance construction of a new cement plant in Jayapura, Papua, according to reports by the Jakarta G...
Semen Indonesia eyes Papua plant construction
PT Semen Indonesia is considering the possibility of constructing a cement plant in Papua to meet demand potential in the country’s eastern-most province and reduce distributio...
Indonesian August sales higher
Indonesia cement sales jumped 37.4 per cent YoY to 4.7Mt in August 2014 on the back of higher demand from the property and infrastructure projects. Widodo Santoso, chairman ...
Vicem cement output rises 4.7% YoY
State-owned Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer, produced 10.24Mt of cement in the first seven months of this year, rising 4.7 pe...
Tasek 2Q revenue lifted by domestic cement sales
Tasek Corp Bhd reported a 20.78 per cent rise in revenue for the second quarter, driven by higher demand for cement in its domestic market of Malaysia. Revenue for the three ...
Semen Indonesia outlines 2015 capex
Semen Indonesia has earmarked US$500m in capex next year in anticipation of an increase in infrastructure projects over the next five years, its president director has said. ...
Vietnam cement production rises 6.5%
Vietnam produced 4.9Mt of cement in July, up 6.5 per cent from both June 2014 and from the year-ago period, the government’s General Statistics Office (GSO) said. In the firs...
SGC second-quarter declines on weaker demand
Siam Cement Group (SCG) reported a 14 per cent decline in second-quarter net profit due in part to weaker domestic cement demand as months of political unrest have delayed spen...
Holcim Philippines 1H14 net profit up on strong sales
Holcim Philippines booked a net profit of PHP3.32bn (US76.5m) in the first half of 2014, up 8.7 per cent compared to the same period of last year. The country’s largest cemen...