Asia & Pacific Rim

The lull in Australia’s construction sector continued in 4Q13, according to the latest figures released by the Australian Bureau of Statistics (ABS).

Malaysian construction company Cahya Mata Sarawak Berhad (CMSB) witnessed an increase in 4Q13 profit due to higher earnings from its cement division.

Following a temporary suspension by the Ministry of Environment and Forest, Ambuja Cements will resume mining operations in Himachal Pradesh.

Indonesia’s largest cement producer PT Semen Indonesia is targeting an 8% rise in sales in 2014 and will invest some Rp.5 trillion in increasing production capacity.

Cement manufacturers in Pakistan have increased their prices in anticipation of a rise in construction activity in the country.

Tough macroeconomic conditions and the upcoming election are expected to result in a reduced rate of growth in Indonesia’s construction sector in 2014.

The Bahrain India Business Forum highlighted the investment opportunities available for Bahraini companies in India and vice versa.

UltraTech Cement Ltd is preparing to acquire Jaypee Group’s cement facility in Solan, Himachal Pradesh, at a cost of around Rs.4000 crore.

In a press briefing, Holcim Philippines’ CEO Eduardo Sahagun has spoken of the company’s record year and future plans.

According to reports, the state government has cancelled a memorandum of understanding with Jaiprakash Associates that would have seen a 2 million tpa cement plant being built in the state.

The company’s cement sales volumes improved slightly while lime volumes were affected by weak demand from the gold sector.

Ng Weng Hoong reports on India’s coal sector in the second part of this abridged article from World Cement's sister publication World Coal.

Ng Weng Hoong reports on India’s scandal-prone coal industry and the impact such scandals are having on the country’s power sector.

Unicast, Inc., a distributor of cast wear parts for the cement, mining, and aggregates industries, has announced its expansion into Asia with its new office in the Philippines.

Shiva Cement Limited has reported a profit after tax of Rs.24.51 lakh in 3Q14 and Rs.153.8 lakh in the first nine months of FY14.