Asia & Pacific Rim

The new government has declared a price cut on state-owned cement producers, causing other manufacturers to follow suit.

Paul Maxwell-Cook presents another review of the major countries that are making the headlines in the Far East, in this abridged article from World Cement's February 2015 issue.

The regional report in World Cement’s February 2015 issue includes an infographic on China and the Far East.

Dalmia Cement’s Ariyalur plant in Tamil Nadu, India, has been awarded the FICCI 'Safety Systems Excellence Awards 2014 for the Manufacturing Sector'.

Sales grew more than 7% for the Pakistani company in the July – December period.

The group’s strategy to replace flagging domestic business with exports in the ASEAN region is paying off, with a 12% increase in revenue from sales.

Maple Leaf Cement saw higher demand and an improvement in cement prices in the July – December period.

Both Semen Indonesia and Dangote Cement have announced a transition of power to new CEOs.

China’s coal production fell by 2.1% y/y in the first 11 months of 2014, according to data from the China National Coal Association.

Jurong Port, Singapore, is creating two green berths and investing in a ~10 MW solar power installation.

India’s UltraTech Cement Limited has recorded a 15% y/y increase in net sales for the December quarter.

Bharathi Cement Corporation Pvt. Ltd, a subsidiary of the Vicat Group, has received an award for ‘Asia’s Most Promising Brand’ from the World Consulting and Research Corporation.

Despite a slow start to the quarter, the Indian cement company achieved a 36% rise in net profit.

Lafarge has extended the closing date for the MTO applicable to minority shareholders of Ashaka Cement in Nigeria, and is reportedly buying back a <15% stake in Lafarge India.

According to Ashok Chawla, Chairman of the Competition Commission of India, a decision on the Lafarge-Holcim merger will be made within a month.