Displaying items by tag: Battambang Conch Cement
Price rises push profit boost for Anhui Conch in 2018
22 March 2019China: Anhui Conch’s revenue grew by 70.5% year-on-year to US$19.1bn in 2018 from US$11.2bn in 2017. Its sales volumes of cement rose by 25% to 368Mt. Its net profit increased by 88% to US$4.44bn from US$2.36bn. The cement producer attributed this to ‘significant’ growth in its prices.
During the reporting year the group commissioned four cement grinding units for its Yueqing Conch Cement and Jiande Conch subsidiaries. It also acquired Guangdong Qingyuan Cement, increasing its production capacity of clinker and cement by 2.7Mt and 4Mt respectively.
Outside of China, the group completed and commissioned two clinker production lines and four cement grinding units at Battambang Conch Cement in Cambodia and PT Conch North Sulawesi Cement in Indonesia. Its Luangprabang Conch Cement project in Laos has moved to the equipment installation phase and construction of Myanmar Conch Cement (Mandalay) in Myanmar has begun. Preliminary work has also started for the Vientiane Conch Cement project in Laos and the Qarshi Conch Cement project in Uzbekistan.
At the end of 2018 the group has a clinker and cement production capacities of 252Mt/yr and 353Mt/yr respectively.
Cambodia cement plants produce 3.67Mt in first nine month of 2018
09 November 2018Cambodia: The four local cement plants produced 3.67Mt of cement in the first nine months of 2018. The Ministry of Industry and Handicraft said that two more plants will open by December 2018, according to the Phnom Penh Post newspaper. Kampot Cement produced 2.21Mt, Cambodia Cement Chakrey produced 1.22Mt, Chip Mong Insee Cement produced 0.12mt and Battambang Conch Cement produced 0.11Mt. The new plants to be opened are Southern Cement (Cambodia) and Thai Boon Rong (Cement).
Battambang Conch Cement inaugurates new plant
01 June 2018Cambodia: The Battambang Conch Cement Company has officially inaugurated its US$230m plant in Rattanak district, Battambang province. The unit has a production capacity of 5000t/day, according to the Phnom Penh Post newspaper. The company intends to supply cement to Pursat, Pailin, Banteay Meanchey and Siem Reap provinces. The plant is a joint venture between China’s Conch International Holdings and local cement firm Battambang KT Cement.
Following the opening of the new unit Cambodia has a cement production capacity of 7Mt/yr from four plants. The country has six licenced cement plants including Kampot Cement, Cambodia Cement Chakrey Ting, Mong Insee Cement Corporation, Thai Boon Rong Cement, and Southern Cement Cambodia. Thai Boon Rong Cement, and Southern Cement Cambodia are projects that are currently being built.
Battambang cement plant to start production in Cambodia
12 March 2018Cambodia: Mines and Energy Minister Suy Sem says that a new 1.7Mt/yr cement plant in Battambang province is set to start production in mid-march 2017. Although the minister did not specify which plant was due to open, the only unit with that production capacity is Battambang Conch Cement, a joint venture between China’s Conch International Holdings and local cement firm Battambang KT Cement, according to the Phnom Penh Post newspaper. Construction at the site started in late 2016 with an investment of around US$230m. With the completion of this latest plant the country is now expected to be able to meet its own domestic demand with local supply.