Asia & Pacific Rim

High prices and low costs bring great rewards for Asia Cement (China) Holdings Corporation, which reports significant year-on-year growth.

China Resources Cement Holdings Ltd saw a rise in turnover and gross profit in January – March 2014.

Loesche invited customers and potential partners to an introduction seminar and the official inauguration of its new office to mark the successful launch of Jakarta-based subsidiary, PT Loesche Indonesia.

Despite improvements in house building, the overall performance of Australia’s construction sector slipped in April 2014, according to data released by the Australian Industry Group.

Cement sales in Indonesia came in at 4.52 million t in April 2014, down 0.4% y/y. However, sales are forecast to experience positive growth from May.

Cement production grew in March in China, but the coal industry continues to face obstacles as economic growth slows and the government tackles emissions levels.

FLSmidth MAAG Gear has inaugurated an assemble and service unit in India.

Cement dispatches to Pakistan’s domestic market improved by 2.7% y/y in the first 10 months of the current fiscal year, with capacity utilisation reaching its highest point in five years.

ACC is planning to upgrade its Jamul cement plant and add a grinding unit in Jharkhand, while UltraTech is reportedly keeping an eye on the Lafarge-Holcim divestment activity.

From health and safety to 1Q14 results, here are some of the key stories from the cement industry this week.

The Japanese Ambassador has commended Tokyo Cement Company for contributing towards Sri Lanka’s economic development through joint business partnership between Sri Lanka and Japan.

While cement output remained unchanged and electricity generation increased, growth in India’s other core sectors slowed in March 2014.

Indian cement producer Orient Cement posted sales of Rs.396 crore and a net profit of Rs.26.34 in the quarter ended 31 March 2014.

The Confederation of Indian Industry (CII) outlines its vision for the Indian cement industry in 2025.

Thailand’s SCG has released its 1Q14 results and confirmed plans to establish a cement plant in Laos.