WCT2020 - a new interactive online conference
Early Bird tickets are now available for WCT2020, an exclusive online conference from World Cement. Launching on 15 October!
Asia & Pacific Rim
GlobalData: China’s construction and real estate industry M&A deals total US$5.93 billion in Q2 2020
Total construction and real estate industry M&A deals in Q2 2020 worth US$5.93 billion were announced in China, according to GlobalData’s deals database.
AUMUND supplies conveying technology solutions to Taiheiyo Cement Corporation
Taiheiyo Engineering Corporation has ordered three AUMUND Bucket Elevators and an AUMUND Drag Chain Conveyor for its biomass-fuelled power plant in Ofunato, Japan.
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Bruks Siwertell to supply ship unloaders to Singapore to support cement handling
The company will deliver three new Siwertell ship unloaders to Jurong Port in Singapore to help ensure the environment-friendly handling of Singapore’s cement imports.
Ambuja Cement shares Q2 results
The company’s results for the second financial quarter show a 10% rise in standalone net profit.
thyssenkrupp Industrial Solutions relocates Asia Pacific headquarter of cement business
The company has made Vietnam the new regional HQ of its cement business.
GlobalData: South and Southeast Asia’s construction industry set to contract
In view of the growing disruption in the region caused by the COVID-19 pandemic, South and Southeast Asia’s construction industry is now expected to contract by 4.3% says GlobalData.
GlobalData: India’s construction industry to contract by 7.5% in 2020
The company reports that India’s construction sector is now expected to contract by 7.5% in 2020, due to the already weakened industry being further damaged by the COVID-19 lockdown.
Gebr. Pfeiffer ready2grind system in operation in the Philippines
The company has supplied Petra Cement in the Philippines with a ready2grind system.
More Asia & Pacific Rim news
COVID-19 prompts a rethink by the Gulf’s troubled construction industry, says GlobalData’s MEED
According to GlobalData, Gulf construction companies must rethink their strategies to prepare for the new GCC construction market in a post-COVID-19 world.
Pan-United takes steps to implement safer workplace practices
The company has introduced initiatives that will minimise physical interactions and improve productivity at construction worksites.
Boral Limited appoints new CEO
Zlatko Todorcevski has been appointed as Chief Executive Officer (CEO) & Managing Director of Boral Limited, effective 1 July 2020.
Steppe Cement shares financial report
The company posted net profit of US$9.7 million in 2019, but expects a potential decrease of 10% in demand due to the COVID-19 pandemic.
LOESCHE receives follow-up order from Thanh Thang Group Cement JSC, Vietnam
For the greenfield project in Thanh Thang, LOESCHE will supply two vertical roller mills type LM 53.3+3 CS.
Manila Bulletin: Eagle Cement to continue food relief programme
Manila Bulletin reports that the company will continue to supply food packs to vulnerable communities, despite the easing of quarantine restrictions.