Asia & Pacific Rim

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.

RHI AG extends production capacities in China by more than 20% and invests €13 million. Meanwhile, the company has also celebrated its 50th anniversary.

According to reports, the Taiwan Cement Manufacturers’ Association (TCMA) has filed a complaint accusing China of dumping cement on the island.

China Shuangji Cement announced that it will soon begin rapidly growing sales and profits as its new Zhaoyuan City cement plant ramps up production.

Indian cement producers are expected to report better figures over September.

Chinese cement production increased in August, and Asia Cement (China) announces new loan agreement.

Cement manufacturers in India are due to increase prices by as much as Rs. 30 per bag in the next week, as producers look to make the most of the increase in demand.

Atif Munir, Cement Pakistan Company, highlights the Pakistani cement industry’s existing performance and future role following the devastating floods in this article taken from the October issue of World Cement.

In India, plans are afoot to increase coal production by introducing a bill that will mean that the mines must share a portion of their profits with the locals.

Press reports from India indicate that Holcim ASG has initiated the merger of its Indian subsidiaries, Ambuja Cements and ACC.

China Industrial Waste Management, Inc, has announced that its 90% owned Dalian Dongtai Industrial Waste Treatment Co Ltd has signed a waste management cooperation contract with Dalian Onoda Cement.