Asia & Pacific Rim

The price of cement in China has reached record highs as production levels have been affected by producers striving to meet energy-saving targets.

As 2010 draws to a close, Vietnam expects to export a further 200 000 – 250 000 t of cement and clinker.

Taiwan’s leading cement producer has signed a memorandum of understanding with Sunnsy Group of China to acquire 30% of the group’s subsidiaries.

Press reports from India indicate that Cemex is in talks to buy a controlling stake in India’s Murli Industries.

HeidelbergCement India Ltd is looking to form joint ventures to secure local coal supplies for a planned expansion project.

Thailand’s second largest cement producer, Siam City Cement (SCCC) is looking to set up a cement plant in Burma.

Cement despatches from Pakistan achieved a 4 month high in October, reaching 2.9 million t, a 45% increase from 2 million t in September.

GEA Process Engineering has acquired the emission controls engineering unit of ACC, one of India’s largest cement manufacturers.

FLSmidth has received an order from Vasavadatta Cements to supply a HOTDISC and alternative fuel feeding system at the Sedam plant.

India’s Essar Group has announced plans to invest over Rs.2000 crore to set up a cement and ferroalloy unit.

PT Indocement Tunggal Perkasa, Indonesia, announced that its nine month net profit has increased by 27% y-o-y

After 27 years of civil war, a massive reconstruction programme is needed to alleviate the suffering of thousands of displaced people in the north and east of Sri Lanka, and international investment is essential to achieve this.

Construction companies in Tamil Nadu, India, are taking action as the domestic price of cement soars.

Siam Cement, Thailand, reported a 6.2% drop in its 3Q profits, as a result of decreased profits from cement and petrochemicals revenue.

Anil Ambani, RADAG chairman, has announced that the group will invest Rs.70 000 crore in various projects across the state over the next five years.