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Indonesia cement news

China drags on global cement consumption growth

China will drag down average cement consumption growth over the next five years, as the country continues to battle overcapacity, counterbalancing a rosier outlook elsewhere.

 
 
 

Asia grows but news is gloomier elsewhere

Asian cement production grew in the first four months of the year on good performance in China, Thailand, and Vietnam, while in Latin America and the Mediterranean Basin, producers struggled.

 

SCG’s cement business takes a hit

Earnings from Bankok-based Siam Cement Group’s cement and building materials business were down in 4Q16 on weak demand in its home market.