Asia & Pacific Rim

The Government of Timor-Leste has announced the establishment of a cement plant in Baucau, which will supply the domestic market and export to Australia.

China Resources Cement’s net profit for 2013 totalled HK$3.34 billion, a 43.6% y/y increase from $HK2.32 billion in 2012.

Vietnam’s Ministry of Construction forecasts 3% y/y increase in cement consumption, including exports, in 2014.

Ambuja Cements Ltd received the first runner up award at the Assocham CSR Excellence Awards, held during the 6th Global Corporate Social Responsibility Summit in New Delhi.

Reliance Cement Company (RCC) has announced its entry into Uttar Pradesh, one of the largest cement consuming states in the country, thereby expanding its footprint in the domestic market.

India’s Chettinad Cement Corporation is set to formalise the acquisition of Anjani Portland Cement, which will increase the company’s presence in the Andhra Pradesh market.

The joint venture, USG Boral Building Products, will operate in Asia, Australasia and the Middle East.

Domestic cement dispatches in Pakistan during February 2014 stood at 2.135 million t, the highest ever recorded.

According to local press, Reliance Cement has been given the go ahead to establish a new cement plant by the Himachal Pradesh State Level Single Window Clearance and Monitoring Authority.

Cemex Philippines anticipates sustained growth in the country’s cement industry throughout 2014 due to an increase in government spending and construction activity.

Holcim Philippines is primed for the increase in competition following the integration of markets in the Association of Southeast Asian Nations (ASEAN) region by 2015.

A handy infographic displaying some key facts from the cement, construction and infrastructure sectors in China and the Far East.

Pricing pressures, weak demand and cost headwinds will affect India’s cement sector in 2014, according to ratings agency ICRA.

Human resource consultancy Aon Hewitt has certified Holcim Philippines with ‘Best Employer’ status under its global programme.

Dalmia Cement Bharat’s greenfield cement plant, located in Gokak in the state of Karnataka, India, will be commissioned in five months time.