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News Cambodia

Displaying items by tag: Cambodia

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Thai university conducts cradle-to-grave analysis of Myanmar’s cement

28 September 2020

Thailand: King Monkut's University of Technology Thonburi has conducted a cradle-to-grave analysis of the environmental impacts of 1t of cement from neighbouring Myanmar. The study concluded that the cement’s production had major environmental impacts in terms of “climate change, photochemical oxidant formation, fine particular matter formation, terrestrial acidification, fossil resource scarcity, damage to ecosystems and damage to human health. Resultantly, researchers concluded that “some improvement measures should be considered, which include upgrading the cement manufacturing process, increasing the share of clinker substitutes, utilising alternative fuels, optimising energy efficiency and implementing energy recovery technologies."

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Cement business holds steady for SCG in 2019

12 February 2020

Thailand: SCG’s cement business has delivered sales and earnings growth in 2019 despite problems with the company’s chemicals business. It attributed its cement sales performance to growing distribution and retail businesses. Its cement business sales revenue grew by 1% year-on-year to US$5.93bn and its earnings before interest, taxation, depreciation and amortisation (EBITDA) grew by 3% to US$674m. SCG has also announced the creation of a retail joint-venture in Cambodia to sell building materials. Overall, the group’s sales declined by 8% to US$14bn in 2019.

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Thai Boon Rong Cement plant enters production

14 November 2019

Cambodia: Thai Boon Rong’s 0.9Mt/yr integrated cement plant in Kampot province was commissioned on 14 November 2019, marking the end of a US$110m construction project on its 678 hectare site in Dangtong District.

Speaking at the inauguration ceremony, Cambodian Prime Minister Samdech Techo Hun Sen said that the plant, Cambodia’s fifth, would help meet rapidly growing domestic demand.

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Thai Boon Rong Cement schedules La’ang plant opening ceremony for November 2019

17 October 2019

Cambodia: Thai-based Thai Boon Rong Cement is conducting pilot testing at its newly constructed 1.3Mt/yr integrated cement plant in La’ang, Kampot province, with a view to it entering production in November 2019. Asia News Network has reported that the cement plant, located in the Thai Boon Rong Special Economic Zone, will be the fourth in Kampot, bringing the province’s total production capacity to 6.4Mt/yr. Fellow producer Chip Mong Insee, whose plant in Kampot, owned jointly with Siam City Cement, produces 1.5Mt/yr of cement, released a statement expressing hope that the new plant will help to “slash imports by a great amount, which means that we can be nearly 100% self-reliant.”

Including the fifth plant in Battambang, Cambodia’s cement production capacity will stand at 8.2Mt/yr as of the November 2019 inauguration of the new plant by Prime Minister Hun Sen. The figure confronts a rapidly growing domestic demand which is 7.7Mt/yr and shows no signs of slowing. Figures from Chip Mong Insee estimate that national cement demand in 2020 may be as high as 9.0Mt/yr.

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Huaxin Cement grows sales by 32% to US$4.09bn in 2018

29 March 2019

China: Huaxin Cement’s sales revenue rose by 32% year-on-year to US$4.09bn in 2018 from US$3.11bn in 2017. Its net profit grew by nearly 150% to US$772m from US$309m. Its cement sales volumes increased by 3% to 70.7Mt and its ready-mix concrete (RMX) sales increased by 11% to 3.56Mm3. By region is operating revenue grew in all domestic regions, except for Jiangxi.

During 2018 the cement producer completed its acquisition of Chongqing Lafarge Shui On Cantian Cement. Its Tibet Shannan Third Phase 3000t/day and Shigatse Second Phase 3000t/day project were put into operation. In total the group added 4.77Mt/yr of cement production capacity in 2018. In its future risk analysis it said that production capacity reduction in the cement industry is ‘yet to be improved and that the ‘fundamental contradiction’ of the overcapacity has not been solved.

Switzerland’s LafargeHolcim’s runs Huaxin Cement as a joint venture. The company operates almost 200 subsidiaries in nine provinces in China as well units in Tajikistan and Cambodia. It has a cement production capacity of 100Mt/yr, RMX capacity of 23.3Mm3/yr and an aggregate capacity of 25Mt/yr.

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Price rises push profit boost for Anhui Conch in 2018

22 March 2019

China: 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.

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Chip Mong Insee Cement commissions 9.8MW solar power system

27 February 2019

Cambodia: Chip Mong Insee Cement has commissioned a 9.8MW solar power system provided by Cleantech Solar. The system includes a 2.8MW floating solar power plant deployed on the plant’s reservoir and 7MW installed across multiple rooftops of the site. In addition, the deployment of the floating solar system will shield the reservoir from wind and the direct hot midday sun which is expected to reduce water loss through evaporation, contributing to Chip Mong Insee Cement’s water conservation efforts.

Cleantech Solar is a provider of renewable energy to companies in Southeast Asia and India. Based in Singapore, it owns and operates more than 120 solar power plants across the region, representing over 200MW of projects, with the majority in operation and the rest under construction and development.

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SCG to buy out share in Cambodian transport company

23 January 2019

Cambodia: The cement arm of Thailand’s SCG plans to buy the remaining shares in Jumbo Barges, a water transportation and logistics company, for US$0.5m. Once completed, the cement producer intends to invest in the subsidiary to grow its logistics business in Cambodia including bulk cargo for both import and export. It also plans to use the company to provide logistics to neighbouring countries. The transaction follows two similar deals for logistics companies in Thailand.

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Insee Group signs quarry agreement with the International Union for Conservation of Nature

09 January 2019

Sri Lanka: Insee Group has signed a memorandum of understanding with the International Union for Conservation of Nature (IUCN) to protect limestone hills in the company’s quarrying sites in Sri Lanka, Cambodia, Thailand and Vietnam.
The ultimate goal of the partnership is to turn the limestone quarrying sites into forests through rehabilitation programmes.

In Sri Lanka, the agreement is intended to strengthen Insee Cement’s capacity to rescue and release threatened wildlife, prepare mine restoration guidelines and carry out annual ecological monitoring of restored mines in Insee Cement’s quarry sites in Aruwakkalu and Puttalam.

“In Sri Lanka we have worked with IUCN since 2007 to ensure conservation in quarry sites, as the partnership is focused on delivering practical solutions which protect Sri Lankan ecosystem. We take pride in meeting the expectations of our local stakeholders and join hands with our group and OpCo’s on the dedicated commitment to enhance forestry and quarry management in Asia,” said Nandana Ekanayak, the chief executive officer (CEO) of Insee Cement.

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Cambodia cement plants produce 3.67Mt in first nine month of 2018

09 November 2018

Cambodia: 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).

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