Cement News tagged under: southeast asia
Cementir posts 1Q23 revenue of EUR414.8m10 May 2023, Published under Cement NewsCementir ’s revenue totalled EUR414.8m in the 1Q23, up 14.5 per cent from the 1Q22. EBITDA reached EUR81.2m, a 33.8 per cent YoY advance while profit before taxes totalled EUR63.9m, a rise of 50.7 per cent when compared with the 1Q22. Meanwhile, net debt stood at EUR32.1m at 31 March 2023. Operating costs rose by 2.8 per cent to EUR342.5m when compared to EUR333.1m in the 1Q22. The cost of raw materials rose by 5.5 per cent YoY. Cement volumes (white and grey) totalled 2.34Mt, a f... |
QualiCal wins order for PT Uniserv lime kiln26 April 2023, Published under Cement NewsQualiCal's advanced lime kiln technology is set to enhance production capacity and environmental performance at PT Uniserv’s Indonesian plant. PT Uniserv of Indonesia, a leading global provider of lime-based products and services, has chosen QualiCal to supply itsadvanced Synthesis Lime Kiln for the new Lime Kiln 8 at PT Uniserv’s Indonesian plant. This move will significantly expand the facility’s production capacity and improve its environmental performance, enabling PT Uniserv to conti... |
Vietnamese cement sales fall 19% YoY20 April 2023, Published under Cement NewsCement sales in Vietnam reached 6,161,029t in March 2023, down 19 per cent YoY but up 51 per cent MoM, according to the Vietnam National Cement Association (VNCA). Of this total, 2,013,276t were sold by VICEM . This represents a drop of 18 per cent YoY but a 72 per cent increase MoM. Other VNCA members saw sales of 1,217,753t, a decline of 30 per cent YoY but an advance of 38 per cent MoM. Non-affiliated companies reported total sales of 2,840,000t, down 14 per cent YoY but up 43 per cent M... |
CEMEX Philippines achieves 50% CO2 reduction from 1990-202218 April 2023, Published under Cement NewsCEMEX Philippines achieved a 50 per cent reduction in CO 2 emissions generated by its two cement subsidiaries, Solid Cement Corp and APO Cement Corp , from 1990-2022. Based on public declarations, CEMEX claims that this is the highest CO 2 emissions reduction in the industry. From 2020-22 alone, CEMEX Philippines reduced 18 per cent of its net CO 2 emissions, representing 36 per cent of the total CO 2 reduction since 1990, demonstrating the company’s accelerated efforts to furth... |
Indocement sees 3% rise in profit in 202205 April 2023, Published under Cement NewsPT Indocement Tunggal Prakarsa Tbk (INTP), part of Heidelberg Materials , reported a profit of IDR1.84trn (US$123.2m), up three per cent YoY, in 2022. Net revenue was up 10.5 per cent to IDR16.32trn when compared with 2021, when net revenue reached IDR14.77trn. INTP’s cement sales to third parties in 2022 saw a 9.9 per cent YoY increase to IDR14.75trn, while ready-mixed concrete sales advanced 20.9 per cent YoY to IDR1.29trn. However, aggregate sales were down 48 per cent YoY to IDR19.7... |
Semen Indonesia sales volume declines 3% in 202228 March 2023, Published under Cement NewsSemen Indonesia Group (SIG) recorded lower sales volume inline with lower domestic demand in 2022. Domestic cement sales volume weakened by 3.4 per cent YoY to 63.03Mt led by a contraction in bag sales volume of 8.7 per cent YoY due to price increases, while the bulk market maintained growth of 14.5 per cent. SIG’s total sales contracted by 12.9 per cent YoY to 36.92Mt. Domestic cement sales declined 7.2 per cent YoY to 31.6Mt in 2022, while regional sales fell by 36.4 per cent YoY ... |
Vietnamese cement market expands 16% in February24 March 2023, Published under Cement NewsDomestic cement dispatches in Vietnam increased by 16 per cent YoY to 4,080,321t in February 2023, according to the Vietnam National Cement Association (VNCA). Of this total, VICEM dispatched 1,220,896t, up nine per cent YoY, while other VNCA members saw their sales increased by 10 per cent YoY to 879,425t. VICEM’s domestic market share reached 30.5 per cent while other VNCA members achieved a 20.5 per cent total market share. Non-affiliated companies reported a 23 per cent surge in sales ... |
SCG reports 7% increase in revenue24 February 2023, Published under Cement NewsThe Siam Cement Public Co Ltd (SCG) reported a 14 per cent drop in sales revenue to THB122,190m (US$3510.1m) in the 4Q22 when compare with the 4Q21. The company’s EBITDA fell by 53 per cent YoY to THB10,122m while profit was down by 98 per cent YoY to THB157m. The results were affected by lower chemicals product prices and volume driven by softer demand. In the 2022 financial year, sales revenues increased seven per cent YoY to THB569,609m, supported by the company’s Packaging and Ce... |
Pan-United Corp wins Tuas Port low-carbon concrete order22 February 2023, Published under Cement NewsPan-United Corp Ltd is driving sustainable change in Singapore’s built environment with the use of 360,000m 3 of CO 2 mineralised concrete over a 2.5-year period for the Tuas Port. This specialised low-carbon concrete is a building material for the berths and stacking yards at the Phase One container berth project by PSA Corp Ltd (PSA). Upon completion in early 2024, Tuas Port Phase One will effectively become a man-made carbon sink that prevents the emission of over 113.8m kg of CO 2 ... |
Cement sales in Vietnam drop 39% in January21 February 2023, Published under Cement NewsDomestic cement sales by Vietnam’s cement producers saw a 39 per cent YoY fall to 2.782Mt in January, reports VNCA, the country’s cement association. Of this total, VICEM sales were down by 37 per cent YoY to 872,557t. Other VNCA member companies reported a 42 per cent drop in sales to 529,473t. Sales by non-member companies decreased by 40 per cent YoY to 1.38Mt. Exports Exports fell by 68 per cent YoY to 1.894Mt in January 2023 with clinker exports down 74 per cent You to 572,410t a... |