Asia & Pacific Rim

Anhui Conch Cement Company Ltd sold 228 million t of cement and clinker in 2013, up 21.95% y/y.

China Tianrui Group Cement Company Limited reported a 41.4% y/y improvement in cement sales and a 14.1% y/y increase in revenue for the year 2013.

Jaiprakash Associates Ltd has announced that it will sell its 74% stake in Bokaro Jaypee Cement Ltd, located in Jharkhand, India, to Dalmia Cement.

China Shanshui Cement Group Ltd reported a 2.3% y/y increase in revenue and an 11.7% y/y improvement in cement sales volumes for 2013.

Sinoma has successfully completed several international cement and grinding plant projects and signed contracts for new endeavours.

New Zealand wood policy described as “inappropriate” and “a huge disservice to the hardworking men and women in the cement and concrete industries” by CCANZ CEO Rob Gaimster.

Siam Cement Group has started establishing new merger and acquisition targets for international companies and maintains a positive outlook for 2014.

Reports suggest that French cement manufacturer Vicat is planning to purchase Sagar Cements’ 47% share in its joint venture company; however, Sagar Cements has since denied this claim.

The Indonesian cement company saw cost pressures from the depreciation of the Rupiah and increased logistics costs, but improved sales volumes and prices kept revenues up.

West China Cement reports a rise in cement sales volumes, revenue and gross profit in 2013.

Cemex matched funds raised by employees as part of an internal campaign two-to-one. The money will be donated to those affected by Typhoon Haiyan, supporting the rebuilding of houses and schools in Northern Cebu.

Indian cement manufacturer Hi-Bond Cement is planning to construct a new Rs.1300 crore cement facility in the western state of Rajasthan.

Highlights from Thatta Cement’s 2013 – 2014 Half Yearly Report and an update on the company’s Sri Lankan cement grinding, storage and bagging plant.

Asia Cement (China) Holdings Corporation is looking for acquisition opportunities in China in order to increase production capacity.

Adelaide Brighton Ltd has warned of potential changes to a cement supply agreement for South Australia, as its customer proposes the construction of its own production facilities in Adelaide.