Displaying items by tag: Asia

Thailand: SCG Cleanergy and US-based Rondo Energy have launched a new 33MWh thermal battery integrated with SCG’s cement plant’s heat recovery system in Saraburi province. The system delivers 2.3MWth of continuous steam to the plant’s turbine, increasing output and enabling 24/7 electricity and process-heat supply. It also stores electrical energy as high-temperature heat in refractory materials and can reach 1500°C. CEO Eric Trusiewicz said the system was built in eight months. Rondo said that the installation is the world’s first commercial heat battery at a cement plant, and that it plans to scale further.

Armenia: The Armenian government will exempt Dragsman Cement from customs duties on imports. The producer will invest US$5m to build a new cement plant using imported equipment. It will invest US$3.6m in fixed assets, US$654,000 in dismantling and installation,  US$130,000 in construction and US$523,000 in specialised equipment. According to local press, there will be 40 new jobs available. The customs duty exemption is valued at US$107,000.

Uzbekistan: 488,700t of cement were exported from Uzbekistan into Kyrgyzstan in the first nine months of 2025, according to the National Statistics Committee of Uzbekistan. Kyrgyzstan is the main market for cement exports from Uzbekistan, accounting for 41% of the total 1.2Mt in the nine-month period. Other major consumers of cement from Uzbekistan included Kazakhstan (317,000t) and Afghanistan (273,000t).

India: The Adani Group has announced plans to invest US$1.13bn in Andhra Pradesh over the coming decade, including on developments in cement, data centres, energy and advanced manufacturing. The announcement was made by Adani Ports and Special Economic Zone (APSEZ) Managing Director Karan Adani at the Andhra Pradesh Investor Summit, where he announced plans for the Vizag Tech Park, a major data centre investment alongside Google.

"We see Andhra Pradesh not as a destination for investment, but as a launchpad for India's next decade of transformation,” said Adani. “The flagship of our commitment is the Vizag Tech Park. This is not just another tech park, it is the foundation of India's digital sovereignty. We are building one of the world's largest hyperscale data-centre ecosystems, in partnership with Google, and powered by green energy.”

Malaysia: Hume Cement’s net profit increased to US$290,000 in its first financial quarter, which ended on 30 September 2025. Revenue for the quarter went up slightly from US$68.5m a year earlier to US$70.2m. The company reported that this was due to higher cement sales volumes.

The company stated that “The Malaysian construction sector is anticipated to maintain steady growth, supported by ongoing infrastructure development. In line with this outlook, the group continues to prioritise operational excellence and efficiency to strengthen its competitive position in the market.”

Pakistan: Maple Leaf Cement has announced a potential acquisition of Pioneer Cement, which, if realised, would elevate it to being the second-largest cement producer in the north of Pakistan, raising its capacity from 8Mt/yr to 13Mt/yr.

Maple Leaf Cement and its subsidiary Maple Leaf Capital jointly hold an 18.6% stake in Pioneer Cement, while Habibullah Group owns ~58%. The remaining 23.4% is owned by small private investors.

South Korea: Gangwon-do governor Kim Jin-tae visited Halla Cement’s Gangneung Okgye plant on 13 November 2025 to discuss challenges facing the cement industry amid the country’s ongoing construction slowdown. Governor Kim reviewed progress on the government’s US$682m carbon capture and utilisation (CCU) ‘mega’ project, which aims to capture carbon dioxide from cement plants in Gangneung and Samcheok, as well as nearby coal-fired power plants. The captured CO₂ will be converted into e-methanol for eco-friendly ship fuel, lithium carbonate for secondary batteries, and new construction materials.

Kim said that Gangwon-do’s cement production accounts for 63% of nationwide production. He pledged full administrative support to ensure the project passes its preliminary feasibility study, according to local press. Halla Cement’s Okgye plant has only operated three of its four production lines since 2024, each producing 5500t/day of cement, after reducing output due to weak construction demand.

“There have been some concerns over dust and fine particles,” Kim said. “Cement and power companies have voluntarily signed an agreement to reduce emissions by 46%, and a second reduction agreement will be signed this month. As the industry continues its efforts, the province will actively support it by significantly reducing emission charges.”

Indonesia: Indocement said that it has maintained a solid performance through the first nine months of 2025, despite a slowdown in the national cement market. Data from the Indonesian Cement Association (ASI) shows that overall cement demand fell by 3% year-on-year to September 2025, driven by a 10% decline in bulk cement sales, while bagged cement volumes remained largely stable, down by 0.1%.

Indocement’s total cement and clinker sales reached 14.4Mt, representing a 2% year-on-year decrease. Domestic sales dropped by 4% to 14Mt, but exports increased by 124% to 423,000t.

“This positive performance demonstrates Indocement’s business resilience amid challenging market pressures. We continue to focus on maintaining cost efficiency, expanding export markets and strengthening sustainability initiatives and operational innovation,” said Indocement corporate secretary Dani Handajani.

The company expects domestic cement demand to decline by about 2-3% in 2025 due to infrastructure budget cuts and limited consumer purchasing power. However, it remains optimistic about a modest recovery in 2026, forecasting around 1% growth.

Philippines: Holcim Philippines has signed an agreement with Prime Infrastructure Capital for the supply of refuse-derived fuel (RDF) to its cement plants in Bulacan and La Union. Under the deal, Prime Infra’s subsidiary Prime Waste Solutions (PWS) Pampanga will provide RDF produced from plastic waste converted into alternative fuels through co-processing technology, helping Holcim to reduce its reliance on traditional fuels.

Cara Peralta, market sector lead for waste at Prime Infra, said “It is rare to find like-minded organisations such as Holcim willing to partner with us and make investments in sustainable practices like RDF consumption.”

South Korea: The Korea Cement Association, whose members include Sampyo Cement, Ssangyong C&E, Hanil Cement, Asia Cement, Halla Cement and Sungshin Cement, reported that domestic cement demand in 2025 is expected to reach 36.5Mt, down by 16.5% year-on-year, marking the lowest level since 1991, at 37.1Mt. Next year’s forecast indicates continued stagnation, with demand projected to decline a further 1% to around 36Mt.

According to the association, the country’s cement production peaked at 61.8Mt in 1997 before plunging to 44.6Mt during the 1998 financial crisis. Although production recovered to 56.71Mt by 2017, demand has since fallen by nearly 20Mt in just eight years.

An association official said, “While the sharp decline in domestic demand is quite shocking in numerical terms, the early 1990s were a period when the industry’s production capacity was 42.1Mt/yr, and cement domestic demand was rapidly increasing due to new town construction projects being developed in the outskirts of the Seoul metropolitan area as part of national policy. Currently, production capacity has increased to 61Mt/yr, but domestic demand is plummeting, so considering the utilisation rate, there is an enormous difference beyond simple numerical comparison.”

Cement exports rose by 52% to 4.5Mt in 2025, while for 2026, domestic demand is projected at 36Mt and exports at 3.5Mt.