Displaying items by tag: Cambodia
Chip Mong Insee Cement launches Kampot plant
09 February 2018Cambodia: Chip Mong Insee Cement has launched its new plant in Kampot province. Prime Minister Hun Sen in the Banteay Meas district of Kampot attended the event, according to the Phnom Penh Post. The US$262m plant has a cement production capacity of 5000/day or nearly 2Mt/yr. The plant is a joint venture between Chip Mong Group, which owns 60% of the shares, and Thailand’s Siam City Cement. The project is intended to meet growing demand for cement in the country.
Chip Mong Insee Cement starts production at plant in Cambodia
02 January 2018Cambodia: Chip Mong Insee Cement has started production at its new plant in the Tuok Meas district in Kampot province. The unit had a soft launch with a visit from Suy Sem, the minister of mines and energy, according to the Phnom Penh Post newspaper. The US$262m plant will have a cement production capacity of 2Mt/yr when it is fully operational.
Cambodian government to cap cement production licences
13 September 2017Cambodia: The Cambodian government is planning to cap the number of cement production licences after the opening of two new cement plants that are expected to start operations by the end of 2017, according to Hort Pheng, director of the Industrial Affairs Department at the Ministry of Industry. Pheng made his comments to the Phnom Penh Post newspaper in relation to Chip Mong Insee, a joint venture between Chip Mong Group and Thailand’s Siam Cement Group, and Battambang Conch Cement, a joint venture between Battambang KT Cement and China’s Anhui Conch. The new plants will join the country’s three existing plants operated by Kampot Cement, Cambodia Cement Chakrey Ting and Thai Boon Roong in Kampot province.
“Despite investors coming to ask us for potential locations for cement plants, the ones in Kampot and Battambang are enough. The other provinces lack the quality of limestone needed for cement production,” said Pheng. He added that, once all five plants were operational, they would produce almost enough cement to meet local demand. However, the local construction industry is expected to still need to import cement. Cement plants will be allowed to expand to meet this excess demand.
The 5000t/day Chip Mong Insee cement plant in Kampot is scheduled to open in October 2017. It had a budget of US$262m. The 5000t/day Battambang Conch Cement plant in Battambang has reportedly encountered delays in its construction and it is uncertain whether it will be completed by December 2017. Once open the plant plans to supply the domestic market first, before considering exports to Vietnam, Laos and Thailand.
Cambodia: Aidan Lynam, the chief executive officer of Chip Mong Insee Cement, expects that the Kampot cement plant will sell its first cement by the end of 2017. The US$262m plant is about to be commissioned, according to the Phnom Penh Post newspaper. A ramp-up period will then follow, with full production levels at the unit expected by the end of the first quarter of 2018. The subsidiary of Thailand’s Siam Cement Group has also launched the Camel Cement brand, which will be produced at the new plant.
Anhui Conch repairs balance sheet in 2016
24 March 2017China: Anhui Conch returned to rising sales revenue and profit in 2016 after a problematic year in 2015 beset by a poor market for cement. Its revenue rose by 9.7% year-on-year to US$8.12bn in 2016 from US$7.40bn in 2015. Its sales volumes of cement and clinker rose by 8% to 277Mt. Its net profit rose by 14% to US$1.24bn from US$1.09bn. The group says that its adoption of a flexible marketing strategy for different regions and plants and a focus on lowering production costs delivered sales growth and operating savings. However, its full year results are in contrast to its ones for the first nine months of 2016, in which it reported small declines in its revenue and net profit.
During the year the cement producer finished building six clinker production lines at Yingjiangyunhan Cement and Yiyang Conch Cement and it completed 18 cement grinding plants at Wenshan Conch Cement and Ganzhou Conch Cement. In addition to purchased the assets of Anhui Chaodong Cement. Outside of China the group completed lines in Indonesia and Myanmar, started buildings projects in Indonesia, Cambodia and Laos and started early work on new projects in Russia and Myanmar. At the end of 2016 the group says it has a clinker and cement production capacity of 244Mt/yr and 313Mt/yr respectively. It also reported that it had completed 15 waste treatment projects by the end of the year to feed cement plant kilns with domestic waste.
Siam Cement Group to build third cement plant in Cambodia
02 February 2017Cambodia: Thailand’s Siam Cement Group (SCG) is preparing to open its third cement plant in Battambang province in 2018. Chan Sophal, the governor of Battambang, said that SCG started building the plant in 2016 and has almost completed it, according to the Khmer Times newspaper. SCG is a majority shareholder in local producer Kampot Cement. Once operational the plant will have a production capacity of 1.8Mt/yr.
Cambodia Capital Mineral Resources proposes new cement plant
23 November 2016Cambodia: Cambodia Capital Mineral Resources, a Chinese owned company, and the Ministry of Mines and Energy has met to discuss building a new cement plant. The ministry intends to seek government support before the company begins a feasibility study, according to the Khmer Times.
The ministry estimates that domestic demand for cement will reach 5Mt/yr in 2017. In December 2015 Chip Mong Group signed a partnership with Chinese-owned CITIC Heavy Industries to build a US$262m cement plant in Kampot province, with a daily production capacity of 5000t/day. In June 2016 Thai Siam Cement Group invested US$120m in a second production line at its factory in Kampot province, which will increase production to 0.9Mt/yr.
Cambodia: Battambang Conch Cement, a joint venture between China’s Conch International Holdings and Cambodia’s Battambang KT Cement, has announced plans to build a US$230m cement plant in Battambang province. The plant will being operation in December 2017 and it will have a cement production capacity of 1.8Mt/yr, according to the Phnom Penh Post.
“We will be the fourth cement company to supply the market,” said Vinh Hour, director of Battambang Conch Cement. According to Hour, Cambodia’s demand for cement has reached 8Mt/yr and the existing three cement plants in Kampot province can only supply about half of this amount. The remainder is imported from Asian suppliers. Battambang Conch Cement has applied for an industrial mining licence to use limestone from a nearby mountain in the district. The company aims to supply five provinces in northwest Cambodia: Battambang, Pursat, Bantey Meanchey, Siem Reap and Preah Vihear.
Hort Pheng, director of industrial affairs at the Ministry of Industry and Handicraft, said the ministry has approved five cement factories to date – three of which are in Kampot province and already supply the market. Chip Mong Insee Cement has also received approval to build a production line in the southern province, with construction on the US$260m cement plant expected to finish in 2018.
First Claudius Peters cooler to head to Cambodia
04 May 2016Cambodia: China’s CITIC Heavy Industries has ordered a 5500t/day ETA 10610S clinker cooler from Germany’s Claudius Peters. The cooler will be used in a new cement plant being built for Chip Mong Insee Cement Corporation in the southern Kampot region.
The order represents a new territory for Claudius Peters, as it will be the first time it has supplied equipment to Cambodia. Delivery will take place in November 2016.
Cambodia: Chip Mong Group has ordered three vertical roller mills from Gebr. Pfeiffer for a new cement production line in Touk Meas. The order comprises a MPS 3350 BK for coal, a MVR 5000 R-4 for raw material and a MVR 6000 C-6 for cement grinding. The cement mill will come equipped with a MultiDrive consisting of four drive modules. This drive system has an installed power of 7200kW to allow redundant operation.
The MVR 6000 C-6 cement mill will be the largest vertical roller mill in the Association of Southeast Asian Nations (ASEAN) region. It will be set up in cooperation with CITIC Heavy Industries. Delivery of the mills is scheduled to take place in the first quarter of 2017.