Thailand’s cement production -8.3% YoY by Feb. 2024
In the first 2 months of 2024, Thailand’s cement production declined by -8.3% to 5.445 Mt, after 5.939 Mt in the same period last year and and -3.7% YoY decline in first 2M in 2023.
Tag SE Asia
Malaysia’s cement production +13.4% in Feb. 2024
In the first 2 months of 2024, Malaysia’s cement production increased by -13.4% to 5.053 Mt, after 4.457 Mt in the same period last year. However, the main increase is from January with +25.5% YoY, while February increased only by…
Malaysia’s cement production boom continues in 2024
In January 2024, Malaysia produced 2.461 Mt of cement, which is a +25.5% increase compared to January last year. Malaysia’s cement production increased last year already by +16.8%, so the cement boom continues.
Thailand’s quarterly cement production 2023 declined
In Thailand, the cement production in 2023 declined in 3 of the 4 quarters, corresponding to an annual decline by -2.3% to 35.687 Mta, after 36.545 Mta in 2022. The largest declines were in the 2.Q and 3.Q, a small…
Thailand’s January cement production improved
In January 2024, Thailand’s cement manufactures produced 2.776 Mt of cement, which is still -3.4% below January last year, but this is a lower decline than in the last two years. Thailand’s economy and construction output is expected to grow…
Cambodia’s annual cement production massively declined
In 2023, Cambodia’s cement production declined by 13.2% to 7.92 Mta after 9.13 Mta in 2022. The cement capacity utilization declined to 72.0%
India’s UltraTech Cement’s investment impact
UltraTech Cement, member of the Aditya Birla Group and largest cement producer in India, provided insights into their CapEx plans by 2027. As already reported here, with its phase II and III expansions the grey cement capacity in India shall…
DMCI in talks to acquire Cemex Philippines
DMCI Holdings, a Philippine conglomerate of David M. Consunji, active in construction, real state, energy, mining and water distribution, is interested to acquire Cemex Holdings Philippines (CHP). CPH owns the 2 plants of Apo and Solids Cement with a combined…
Malaysia’s annual cement production increased +16.8%
In Malaysia, in 2023, the annual cement production increased by a massive +16.8% to 23.191 Mta, which is one of the highest levels the country ever achieved. The cement capacity utilization increased from 56.1% in 2022 to 65.5% in 2023.
Indonesia’s cement consumption back to growth
In Indonesia, in the period from January to October 2023, the accumulated cement consumption returned to +1.4% YoY growth. 51.608 Mt have been consumed after 50.905 Mt in the same period 2022. In October 2923 the consumption even increased by…