Semen Indonesia
Despite Semen Gresik and Semen Padang both posting a fall in sales volumes in 1Q15, PT Semen Indonesia is pushing ahead with its expansion plans. Semen Gresik saw sales drop by...
Vietnam
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Ha Tien 1 Cement net profit surges, Vietnam
Ha Tien 1 Cement JSC (HT1) said its net profit jumped to VND250.36bn (US$11.64m) in the first quarter of this year, from VND2bn in the same period of 2014, thanks to an increas...
AFCM 2015 opens in Hanoi, Vietnam
The AFCM 24th Technical Symposium has officially opened at the JW Marriott Hotel, Hanoi, Vietnam, before an audience of 400 international cement delegates, including manufactu...
Clinker, cement account for 42% of Vietnam's 1Q exports to Bangladesh
Clinker and cement remained Vietnam’s major exports to Bangladesh in the first quarter of this year with export revenue of US$70.1m despite a decline of 33.6 per cent from the ...
Semen Indonesia eyeing another Vietnamese acquisition
Semen Indonesia is looking to acquire a second cement producer in Vietnam to further bolster its presence in the southeast Asian country. Director of finance Ahyanizzaman sai...
Hoang Phat Vissai Group acquires control of Song Lam 2 Cement
Hoang Phat Vissai Group has acquired Song Lam 2 Cement JSC in Vietnam's central province of Nghe An from state-owned PetroVietnamCement 12/9 JSC. The group will invest VND500...
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...
VietinBank to finance Tuyen Quang plant
Vietnam Joint Stock Commercial Bank for Industry and Trade, or VietinBank (CTG) on has signed an agreement with Tan Quang Cement JSC to finance the latter’s cement plant in the...
Vietnam cement sales down 0.5% in 1Q15
Vietnam's cement sales in 1Q15 slipped 0.5 per cent YoY to 10.6Mt as many projects started late after a long holiday and exports fell 35 per cent in March, according to the Con...
Vietnam Jan-Feb sales reach 9Mt
Vietnam sold 9.01Mt of cement and clinker in the first two months of this year, meeting 12.5 per cent of the whole-year target, according to figures from the country's Ministry...