Displaying items by tag: Cambodia Cement

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).

Cambodia/China: Huaxin Cement has injected US$24m into Cambodia Cement Chakrey Ting Factory to acquire a 40% stake in the southeast Asia-based company on 17 June 2014. After the investment, the Cambodia cement producer's registered capital grew to US$60m from US$32m. The Hubei Province-based cement manufacturer said that the acquisition in Cambodia is the company's second overseas investment after establishing a subsidiary in Tajikistan in 2011.