Cemex is celebrating 25 years since it first implemented its international diversification strategy.
Asia & Pacific Rim
The listed units of CNBM and Sinoma are to merge, following the combination of their parent companies last year.
CEMEX Holdings Philippines has been fined over a spillage of heavy fuel oil at its SOLID Cement subsidiary in September 2015.
Indonesia’s construction sector will grow 7% per year over the next decade – although the growth will be regionally uneven and challenged by land acquisition delays.
Filipino conglomerate is to invest in a new cement company, taking advantage of projected demand growth for cement in the Southeast Asian country.
Beyond Zero Australia, a climate change think tank, has outlined a pathway to zero-carbon cement for the Australian cement industry.
South Korea’s construction industry will slow over the next few years, as oversupply in the residential sector drags growth down.
Lower consumption and prices, combined with increased competition from imports, hit Filipino cement makers in 2Q17.
The petcoke market in key Asian countries showed growth in May, contrasting a decline in both production and demand in Brazil.
Liebherr Maritime is about to establish full service, spares and sales activities in the Asia Pacific region.