Asia & Pacific Rim

A technical agreement has been signed between Seven Circle (Bangladesh) Limited and Taiheiyo Cement.

Vietnamese company Chinfon Cement has pulled out of a US$200 million project to build a 1 million tpa cement plant.

China Shuangji Cement, Ltd. has announced that one of its four cement plants is on a recently published list of more than 2000 production lines across China that the Ministry of Industry and Information Technology wants to phase out due to concerns about outmoded production methods.

BK Birla group-controlled Mangalam Cement has announced it will merge with Mangalam Timber Products Ltd.

PT Indocement Tunggal Prakasa has forecast Indonesia’s cement demand to increase by 8% this year to a total of 41.5 million t.

Large companies to benefit from industry consolidation; TCC becomes largest producer in SW China, and CR Cement invests in Shanxi.

Restructuring of the country’s cement industry is underway; it has become harder to export cement, and groundbreaking of a new plant has taken place.

As a result of positive first half results and encouraging signs for strong demand in the second half of the year, cement sales in the Philippines may increase faster than the predicted rate of 4 – 6%.

Adhunik Cement is looking to augment production to 10 million t in the next few years.

China is targeting heavy industries, including cement, in order to reduce its energy intensity and meet national targets.

China Shuangji Cement Ltd forecasts adjustments within the cement industry that will provide a new level of growth for the industry.

Ambuja and ACC see declines in July shipments y/y, while India Cements reports a poor Q1 performance.

India’s largest cement manufacturer is set this week to purchase an 80% stake in the Dubai – based ETA Star Group

Samruddhi Cement has just recorded a net profit for the quarter ended June 2010 as it prepares to merge with UltraTech.

Siam Cement Group (SCG) is hoping that 11 suspended projects will be allowed to start operations within five months.