Vietnam April output estimated to have increased 12.65% YoY
Vietnam is estimated to have produce 6Mt of cement in April, up seven per cent from March and 12.65 per cent from a year ago, the government’s General Statistics Office (GSO) s...
Southeast Asia
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Siam City double-digit rise in earnings and sales
Siam City Cement Co (SCCC) reported a double-digit rise in earnings and sales during the first quarter of 2014, as higher cement prices and increased exports help offset declin...
East Timor plant draws community concerns
A new greenfield cement plant project planned by BGC (Australia) Pty Ltd in Baucau, north Timor, has led local community groups to set up a non-governmental organisation “to pr...
Semen Indonesia first-quarter sales rise 3.5%
PT Semen Indonesia, the country’s leading cement producer, sold 6.16Mt of cement to the domestic market during Jan-March 2014, a 3.5 per cent increase compared to the same peri...
Bosowa Maros plans IPO by 2016
The Bosowa Group of Indonesia plans to take its cement unit, Semen Bosowa Maros, to an initial public offering by 2016. “We may go public within the next two years. The marke...
Fitch affirms Siam City Cement’s long-term rating, outlook ‘Stable’
Fitch Ratings has affirmed Thailand-based Siam City Cement Public Co Ltd's (SCCC) National Long-Term Rating at 'A(tha)', its National Short-Term Rating at 'F1(tha)', its Nation...
Indonesia 1Q14 sales growth slows
Indonesian cement consumption slowed during the first quarter of this year despite a strong rebound in March sales, latest data by the Indonesia Cement Association (ASI) shows....
Holcim Indonesia to integrate two subsidiaries
Holcim Indonesia plans to integrate two subsidiaries as part of efforts to improve operational efficiency, the company said in a statement on Friday. The Indonesian division o...
Vietnam 1Q14 domestic sales rise 8% YoY
Vietnam sold 10.23Mt of cement in the domestic market in the first quarter of this year, up eight per cent from a year ago, the Ministry of Construction (MoC) said. Shipments i...
Indonesia February cement sales advance
Indonesian cement sales rose 2.7 per cent last month to 4.4Mt from a year earlier, state-owned Semen Indonesia announced, citing data from Indonesia Cement Association (ASI). ...