Asia & Pacific Rim

PT Indocement Tunggal Prakarsa has released its results for 3Q13 and witnessed a growth in revenue, despite domestic sales remaining relatively constant.

Pakistan’s cement sector has posted slight growth y/y in the first five months of the current fiscal year and an increase in sales y/y compared to November 2012.

Indian cement manufacturers ACC and Ultratech have selected new Additional Directors and ACC has re-appointed Mr Kuldip Kaura as the Chief Executive Officer.

A subsidiary of Posco Engineering & Construction (E&C), Posco E&C Australia Pty Ltd, has plans to build a US$350 million cement plant in East Timor.

Larsen & Toubro announces new orders for November and December 2013, including the construction of a cement plant in Karnataka.

The United Nations Environment Programme (UNEP) has released a report on China’s efforts towards greening its economy and industries, including the cement sector.

A new report warns that a jump in electricity costs and new capacity additions in 1H14 will put pressure on margins for Peninsula-based cement producers in Malaysia.

Indonesian cement manufacturer PT Indocement Tunggal Prakarsa is planning to invest in its new brownfield cement plant, due for completetion in 2015.

The construction industry in the Philippines is predicted to see strong growth over the next year as new building projects get underway in an attempt to rectify the damage done by Typhoon Yolanda.

Nigeria has overtaken South Africa to become the largest producer of cement in Sub-Saharan Africa.

CIDB Holdings Sdn Bhd and Lafarge Cement Sdn Bhd have signed a Memorandum of Understanding that aims to enhance construction standards and sustainable building practices in Malaysia.

Italcementi’s Indian subsidiary has begun construction of a new cement grinding facility in a bid to meet growing demand in Maharashtra.

India’s Binani Cement Ltd has announced the appointment of Mr Jotirmoy Ghose as its new Managing Director.

Technology giant Gebr. Pfeiffer has won a repeat order for grinding equipment from the Birla Group in India.

Holcim Philippines wins E3 award from the Philippine Chamber of Commerce and Industry, and is recognised in three categories by the International Association of Business Communicators.