Indonesia’s cement sales fall in August 2013
Figures from the Indonesian Cement Association show falling sales in August 2013 as Fitch Ratings predicts slowing growth in the property sector.
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Figures from the Indonesian Cement Association show falling sales in August 2013 as Fitch Ratings predicts slowing growth in the property sector.
Jaiprakash Associates Ltd has offloaded its 4.8 million tpa cement plant in Gujarat for US$594 million, according to reports.
The Port is upgrading its coal handling facilities from 1000 tpa to 5 million tpa, according to reports. Tenders are invited for an eco-friendly coal handling system.
Work is set to begin today on the construction of a new plant in Banten, for a company that is targeting 8% market share in Indonesia by 2015.
As Siam Cement Group continues its growth strategy across the ASEAN region, CEO Kan Trakulhoon reveals that Vietnam remains an interesting market.
Otto Marine Limited has signed an MoU for five cement carriers and further conversion works.
DG Khan has announced that it will expand in Pakistan and will abandon plans to build a plant in Mozambique.
China’s determination to shut down outdated capacity could provide an opportunity for Taiwan Cement, which envisages a 10 – 15% increase in shipments to China this year.
The holiday period combined with the rainy season led to a fall in sales for most producers in Pakistan, with a few exceptions.
Reports suggest that Investment Board of Nepal is set to approve a proposal by the Dangote Group to invest US$800 million in a new cement plant.
Two expansions and one new plant will make up a combined Rs.3000 crore investment in eastern India.
Smaller cement producers without captive power plants claim huge hike in electricity tariff is unfair, when natural gas tariff increase is significantly lower.