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Asia & Pacific Rim

 

Australian construction news from CommSec

According to the latest CommSec State of the States report, construction work was higher than decade averages in all Australian states and territories in the September quarter.

 
 

Cement companies explore opportunities in Myanmar

Semen Indonesia has yet to reach an agreement with its proposed JV partner in Myanmar, while Siam Cement Group is planning a new retail venture in the country with Siam Global House Plc.

 
 
 

South Korea launches emissions trading scheme

The nationwide ETS is said to be the second largest in the world and is a key component of the government’s aim to reduce emissions by 30% by 2020 against current levels.

 
 

Indonesia: 2014 cement consumption below forecast

Cement consumption growth came in at 3.3% y/y in Indonesia in 2014, down on the Indonesian Cement Association’s forecast of 3.5% – 4%, a figure that had already been downwardly revised from 6%.

 

Cement companies commit to Gujarat

At the Vibrant Gujarat Summit, the Aditya Birla Group and Reliance Industries announced investment plans for the state.

 
 

India: moving toward a low carbon future

The Natural Resources Defense Council (NRDC) outlines the steps that India is taking to grow a low carbon economy as the nation rapidly develops.

 

Builders protest cement prices in India

In the Indian state of Tamil Nadu, which yesterday launched a government-subsidised cement, builders have held a hunger strike to protest cement prices.

 
 

Amma Cement launched in Tamil Nadu

Tamil Nadu’s new Amma Cement scheme will provide customers with heavily subsidised cement for eco-friendly and low cost housing.