Asia & Pacific Rim

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.

Blue World Crete, Inc. has formed a joint-venture with India’s Navrattan Free Power, known as Navrattan Blue Crete Industries.

Beijing’s Clean Air Plan will significantly reduce the city’s carbon emissions, according to Thomson Reuters Point Carbon.

India’s Emami Cement Ltd, a newcomer to the cement industry, has placed an order with Gebr. Pfeiffer SE and its Indian subsidiary for four MVR mills and an MPS mill for coal grinding.

The Vietnamese government is continuing to review all cement projects and will not allow the construction of those deemed ineligible due to high surplus capacity.

A court in Brisbane has found Cement Australia and others deliberately acted to prevent competitors entering the market by entering into contracts with power stations providing flyash.

Pakistan’s Pioneer Cement Limited reported a rise in production, sales and profit for the half year ended 31 December 2013.

Italian cement giant Italcementi is confident about its operations in the ASEAN region and is currently negotiating a potential expansion into Myanmar.