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.
Southeast Asia
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Semen Indonesia increases Vietnam spend
Semen Indonesia has increased the amount it plans to spend on its next Vietnamese acquisition as it sets its sights on a higher-capacity purchase.
SCG: second-quarter earnings drop expected, outlook upbeat
Siam Cement, Thailand’s largest industrial conglomerate and leading cement producer, is expected to report a 10.5 per cent drop in second-quarter earnings, according to KGI Secu...
Indonesia ranks Vietnam’s top importer over Jan-May 2014
Indonesia accounted for the largest share of Vietnam’s exports over the first five months of this year, according to data from the Vietnamese Ministry of Industry and Trade.
SCG prepares to launch flagship products to Indonesian market
Siam Cement Group (SCG) is preparing to introduce its three flagship products to the Indonesian market, a country high on the Thai building materials major's agenda as it looks ...
Indonesia sales growth slows in first six months
Indonesian cement sales growth has slowed in the first six months of the year, leading to concerns that the country may miss its full year target.
RAM Ratings reaffirms Lafarge Malaysia rating
RAM Ratings has reaffirmed the AA2/Stable/P1 ratings of Lafarge Malaysia Berhad's MYR350m (US$109m) Islamic Securities Programme (2010/2017). The ratings are premised on Lafarge...
Siemens wins Holcim Indonesia Tuban II contract
Siemens has received an order from ThyssenKrupp Industrial Solutions AG to supply an Integrated Drive System for the expansion of PT Holcim Indonesia Tbk’s cement plant in Java....
Lafarge launches its first southeast Asia Construction Development Lab
Lafarge Malaysia yesterday launched its Construction Development Laboratory (CDL) – the sixth facility of its type to be opened by the group worldwide and the first in southeast...
Vicem production up 5.1% per cent in first five months
Vietnam Cement Industry Corporation (Vicem) produced 7.34Mt of cement in the first five months of this year, rising 5.1 per cent from a year ago and fulfilling 39 per cent of th...