Weekly Newsletter

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Peru: cement dispatches edge ahead

Peru: cement dispatches edge ahead

Between January and May 2014, Peru’s cement market expanded by 0.51 per cent YoY to 4,129,906t, according to the latest figures from the domestic cement association, Asocem.

Huaxin acquires stake in Cambodian plant

Huaxin acquires stake in Cambodian plant

China's Huaxin Cement Co Ltd has bought a 40 per cent stake in Cement Chakrey Ting Factory Co Ltd of Cambodia. The US$24m investment was announced on 17 June, according to a rec...

Asia Cement targets increased market share

Asia Cement targets increased market share

Asia Cement Corp said it plans to boost its market share in the provinces of Hubei, Jiangxi, Sichuan and Jiangsu, the company disclosed at its annual shareholders’ meeting. Thro...

Semen Indonesia to fund Thang Long expansion

Semen Indonesia to fund Thang Long expansion

State-run cement producer Semen Indonesia is planning to spend US$300m to establish a new plant in Vietnam as part of its business expansion in southeast Asia. The new facility ...

Vietnam sees cement demand pick up

Vietnam sees cement demand pick up

The Vietnam National Cement Association (Vicem) says domestic cement consumption in the first five months of 2014 reached 20.42Mt, up 9.3 per cent on the same period last year. ...