Displaying items by tag: CMS

Malaysia: Cahya Mata Sarawak (CMS) has responded positively to the government’s announcement that it will be subdividing its annual contracts for road maintenance between new concessionaries besides CMS’s 51% subsidiary PPES Works in 2020. “Competition in any market naturally breads competitive efficiency. This can only be good for the public and road users,” said CMS Group Managing Director Isaac Lugun. “We maintain the lion’s share,” he added.

Malaysia: Cahya Mata Sarawak’s (CMS) sales from its cement division rose by 7% year-on-year to US$137m in 2019 from US$128m in 2017. Its operating profit fell by 11% to US$22.2m from US$24.9m. CMS attributed the drop in profit on repair costs from maintenance to its integrated plant at Kuching. Rising international clinker prices were also blamed.

Malaysia: Cahya Mata Sarawak’s (CMS) cement division profits have fallen so far in 2018 due to planned maintenance shutdown at its integrated plant and rising clinker prices. Its profit before tax dropped by 14% to US$16.7m in the first nine months of 2018 from US$19.6m in the same period in 2017. The division’s performance was also hit by an increase in the price of imported clinker. The company said that this occurred due to a spike in global demand, following the reduction of clinker production in China and continued high demand for clinker especially from Bangladesh and the Philippines. Overall, CMS’ sales revenue and profit have risen so far in 2018.

Malaysia: Cahya Mata Sarawak (CMS) has launched a new Portland Limestone Cement (PLC) product. The 32.5N strength product is targeted for low-rise concrete structures such as single storey residential, office and commercial buildings. It is also intended for plastering, bricklaying and for use in the construction of drains and rural or kampong roads. CMS has also been conducting trials with Universiti Malaysia Sarawak (UNIMAS) on testing it as a binder for soil stabilisation. The new cement type will compliment CMS’ existing Portland Cement 42.5N product.

CMS operates one integrated cement plant and two grinding plants. Both grinding plants, at Pending in Kuching and Bintulu, have direct access to ports allowing entry to export markets for bagged and bulk product. The state-owned cement producer also operates two bulk marine terminals at Sibu and Miri.

Malaysia: Repair costs at Cahya Mata Sarawak’s (CMS) Kuching cement plant have reduced the profits of the company’s cement division. The planned maintenance period in January and February 2018 was the first major shutdown carried out by the group since it purchased the integrated unit in 2007. The division’s performance was also hit by an increase in the price of imported clinker due to a reported ‘tight supply’ in the international market. The division’s profit before tax fell by 17% year-on-year to US$9.56m in the first half of 2018 from US$11.5m in the same period in 2017. However, its revenue grew by 8%.

Overall, CMS reported revenue growth of 15% to US$183m and a pre-tax profit increase of 32% to US$42.9m. It attributed the strong performance to its other subsidiaries.

Malaysia: Isaac Lugun and Goh Chii Bing have taken their new roles at Cahya Mata Sarawak (CMS) as Group Chief Executive Officer – Corporate and Group Chief Executive Officer – Operations respectively. They replace Richard Curtis who retired as Group Managing Director at the end of December 2017. Curtis will remain at the cement producer as a Non-Executive Director until the end of 2018.

Malaysia: Cahya Mata Sarawak's (CMS) net profit jumped more than eight times to US$15.2m in the second quarter of 2017, from US$1.8m in the same quarter of 2016. The positive result was mainly due to lower handling costs, cheaper imported clinker and lower clinker production costs brought about by stable production and lower coal prices. The net profit for the six-month period was also higher by more than nine times at US$20.5m from US$2.1m in the first half of 2016. Total first half revenue decreased by 10% year-on-year to US$157.1m from US$174.7m.

Malaysia: Christian Pfeiffer has received the order to erect a turnkey cement grinding plant, including silos and packing facility, for Caha Mata Sarawak (CMS) in Kuching, Malaysia. The related contract was signed on 23 June 2014. The Euro36m order comprises engineering, fabrication and supply of the entire equipment including electrical and control equipment, installation and commissioning of the grinding plant as well as the complete construction work and layout of roads. The grinding plant has a designed capacity of 1Mt/yr of cement.

The delivery includes a two-chamber ball mill with slide shoe bearing, two 10,000t silos, two big bag loading stations and a packing and palletising installation for truck loading with a capacity of 3,000 bags/hr. One of the silos is equipped with a one-chamber system. The other one with a two-chamber system. The specific energy demand of the entire grinding plant is less than 40kW per tonne of cement. The construction work will start in July 2014 and completion and commissioning are scheduled for summer 2015.

Malaysia: CMS Cement Sdn Bhd, a subsidiary of Cahya Mata Sarawak Bhd (CMS) is embarking on an expansion programme with an initial investment of US$47m in an effort to meet the growing demand for cement.

"We are still doing the actual costing but when the programme is done we are optimistic of coping with the increasing demand from the state and particularly from construction activities in its regional development corridor, the Sarawak Corridor of Renewable Energy," said CMS Group Managing Director Datuk Richard Curtis. "The state's annual need is 1.66Mt/yr and in the last five years, it has registered increases of 10-15%."

Speaking at the opening of the company's new 6000t US$7m Sibu bulk cement terminal, Curtis said, "We will expand our Kuching and Bintulu plants to be able to produce 2Mt/yr of both Portland and Cemplast Masonry cement by either late 2013 or early 2014. For our Kuching clinker plant, a new production line will be added to boost raw material production from 0.65Mt to 0.8Mt by middle of the year," he said.

The Kuching plant, set up in 1978, has an annual capacity of 1Mt/yr and caters to the Kuching, Samarahan, Sri Aman and Sibu markets. On the other hand, its Bintulu plant in Kidurong, produces 0.75Mt/yr and caters to the rapidly growing north-east region. Curtis said that the plan was to increase the Kuching plant output by another 0.4-0.5Mt/yr and increase that of Bintulu by 10%. He said it was much cheaper for the state to be able to produce its own cement rather than relying on imports from elsewhere in Malaysia.

Regarding the Sibu facility Curtis said that it represented a significant investment in upgrading the company's cement distribution capabilities statewide. "The distribution of fresh cement to the Sibu, Kapit, Mukah and Sarikei areas is made more reliable. Bulk cement manufactured in the Kuching plant is now being transported, using a fully-enclosed dust-free pneumatic pipeline on to one of the two dedicated purpose built 7000 DWT barges and barged to Sibu," he said.

Curtis added the all weather barges were built and operated for CMS by Shin Yang Shipping Sdn Bhd, one of the state's top shipbuilders. "Each of them is equipped with Sweddish-made fully enclosed dust-free pneumatic self-loading/unloading system and has a fully-enclosed cargo hold fitted with aeration panels and a fluidised cement transfer system.

Curtis used the opportunity to reassure customers in the region that although it is the only cement supplier in Malaysian Borneo, CMS would do its utmost to cope with the demand and to deliver as scheduled. "We will be constantly upgrading our facilities and delivery systems in order to give the best service. In the last five years, we have invested more than US$160m to do so," he said.

CMS had earlier said that it was looking to 'dominate' the cement market in Malaysian Borneo, a region that is significantly less developed than the western Peninsular region.