21st Asia Cement Trade Summit,

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13-14 Nov, 2019 - Manila, PHILIPPINES

Hilton Manila

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Future Demand of Asia’s Cement Sector Including Cost & Energy Efficient Strategies”

 

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The global cement industry is poised for a strong 2019. Most industry variables are pointing in an upward direction, despite signs of an economic slowdown due to trade tensions. IA Cement anticipates another strong year for Asian cement markets, with demand growth of almost 4% in 2019. Asia Pacific is l benefiting from the shift in global supply chains with the trade conflict between the US and China. The strongest cement markets are expected to be in Vietnam and the Philippines! What about the cement outlook in Australia, Sri Lanka, India or Indonesia? Find out these and more!

 

The surge in infrastructure building under the Philippines government’s ambitious P8-trillion Build Build Build (BBB) program has brought upon a dilemma for cement industry partners and the Department of Trade and Industry (DTI). On the one hand, local producers are ramping up production volume to meet the growing demand, investing tons of money on state-of-the art technology while importers are having a field day supplying to the domestic markets without having to invest in machineries, technologies and equipment. With DTI’s  introducing a customs duty on imported cement of US$4.81/t, subject to annual review and to be in place for three years, decreasing by US$0.48/yr, will it help local producers be more competitive? Which exporting countries will be the hardest hit from this measure?  

 

This year, the China Building Materials Federation released plans to cut cement production capacity by 70Mt as part of its efforts to reduce air pollution and increase industry efficiency through consolidation. According to Yicai Global, the federation’s work plan wants the largest 50 national producers to cut all production lines with a capacity below 2000t/day and to upgrade old technology on the remaining lines. How will this further transform China’s cement industry?

 

In compliance with Paris Agreement on climate change, cement sector needs to reduce its annual emissions by at least 16 per cent by 2030. Some of the measures adopted by the cement industry include increasing energy efficiency, switching to alternative low-carbon fuels, clinker substitution, scaling up of CCS  if proven cost effective,  breakthrough in new cement like LC3 and many more.

 

Attend CMT’s 21st Asia Cementrade Summit on 13-14 Nov 2019 in Manila, Philippines to gain first hand insight on the latest development in the region’s cement value chain.

 

  • Republic Cement Services shares insights on the cement demand in meeting Philippines construction boom
  • Security Bank Corporation shed lights on the global economic performance, especially the impact of the China-US trade tensions
  • Find out from IA Cement how the global Cement market is expected to perform in coming years
  • Boral Cement to discuss Australia’s cement demand
  • Get the latest on Moving towards sustainable buildings trends with innovative materials & technologies from SCG Cement
  • Medco Energi Mining Int’l analyze the global coal market – key issues, constraints and outlook
  • Cement market dynamics in Sri Lanka by UltraTech Cement Lanka
  • PT Semen Indonesia shares the opportunities in Indonesia’s cement industry
  • Ultratech Cement India on extending growth in India’s cement market
  • Latest progress on Chinese project on calcined clay limestone cement by Sinoma International Engineering Co.
  • Thyssenkrupp Industrial Solutions highlights energy efficient strategies & technology innovations to comply with stricter environmental regulations
  • Country focus sessions on Vietnam and China will be discussed as well as cement freight outlook and cementitious materials trade flow

Register with your team today at www.cmtevents.com  to enjoy group discount. Contact grace@cmtsp.com.sg for more information.


Testimonials from last event, Nov 2018 in Bangkok

“It’s a great networking opportunities”
~ Republic Cement

 

“Perfect place to meet major players in the region”
~ Oldendorff Carriers

 

“Informative conference & helpful networking!”
~ Sinoma International

“Amazing experience/very nice and successful event”
~ J Lauritzen

 

“Conference of connectivity!”
~ Xuan Thanh Cement

 

“Good opportunity to meet the experts in cement industry in the region”
~ Thyssenkrupp

 
 
Be a Sponsor or Exhibitor!

This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor.

For Sponsor
please contact fiona@cmtsp.com.sg or (65) 6346 9138

For Exhibition
please contact grace@cmtsp.com.sg or (65) 6346 9147


Industry News

 
Philippines has witnessed a rapid increase in cement production recently. This year, Philippines is expected to export about 25 million tonnes while sell approximately 69 to 70 million tonnes of cement domestically.
 
The local cement producers including Thanh Thang Group Cement JSC, Vissai Group, ThaiGroup Corporation (formerly known as Xuan Thanh Group), and Long Son Co. are on an expansion spree.
 
In a major move, the country’s Phinma Corporation is said to be investing $50 million in Song Lam Cement. Phinma has signed a binding term sheet with Song Lam, Vissai Ninh Binh JSC, and Hoang Minh Truong for the proposed investment in Song Lam, a subsidiary of Vissai - via preferred shares.
 
The shares and the percentage stakes Phinma will have in Song Lam is not yet disclosed. However, it is said that Song Lam will become a major supplier of Philcement Corporation – a 60% owned subsidiary of Phinma.
 
A cement terminal with a storage capacity of 2 million tonnes is built by Philcement that will assist its cement imports business in Mariveles, Bataan. Being a deep-sea port, Mariveles can accommodate very large Panamax vessels from Vietnam - improving the efficiency and cost per bag of cement.
 
For more updates on Philippines’ cement industry, attend CMT’s 21st Asia CemenTrade Summit on 13-14 November, 2019 in Manila.
 
Contact Grace at grace@cmtsp.com.sg or call +65 6346 9147 for more details.
 

30 Oct, 2019

 
Indonesia’s cement market is facing overcapacity for some years now. The integrated cement production capacity of the country is approximately 109.9 million tons per year, while consumption in 2018 was around 69.6 million tons.
 
However, the industry is now recovering from a slump and is expected to perform better in 2019. Indonesia’s domestic cement sales growth is expected to be around 3-4 percent – mainly boosted by infrastructure and national strategic projects, rural development, and a million house programs from the government.
 
In addition, the government also targets cement exports to reach 7 million tons  - up 24 percent compared to 2018, according to industry ministry’ official statement.
 
Meanwhile the gross margins of PT Semen Indonesia and PT Indocement Tunggal Prakarsa, the country’s two main cement producers, improved from 29% to 32% and 26% to 31%, respectively in H1 2019.
 
The ministry is also focusing on the use of local clinker raw materials in the grinding plants – which is expected to reduce imports of similar products.
 
In the past, Indonesia’s had a huge appetite for cement, which led to a series of new cement plants and investments. However, the cement demand dwindled or were not according to the predictions, leading to overcapacity in the country.
 
Mr. Rahman Kurniawan, Senior VP of Supply Chain, PT  Semen Indonesia shares more on ‘Opportunities in Indonesia's Cement Industry’ at CMT’s 21st Asia Cement Trade Summit on 13-14 November, 2019 in Manila.
 
Contact Grace at grace@cmtsp.com.sg or call +65 6346 9147 for more details.
 
 
Read more:
Indonesia Targets Cement Exports 7 Million Tons in 2019

14 Oct, 2019

 
GKE Corp – via its wholly owned subsidiary - Wuzhou Xing Jian Readymix Co. – is investing S$9.7 million in a new ready-mix cement plant in Cenxi City, China.
 
Wuzhou Xing Jian Readymix Co. has signed a construction agreement with the municipal government of Cenxi City recently.
 
The government is expected to lease 25 mu (about 16,667 square metres) of land (with a tenure of 50 years) to Wuzhou for the new plant.
 
Wuzhou Xing Jian Readymix Co. that produces and supplies ready-mix cement products, expects to complete construction of the plant in 15 months – once it gets the land use rights grant.
 
The cement plant will be funded via internal resources and issuing 100 million new ordinary shares at S$0.07 per share to three investors - two GKE Corp employees and one private investor. The proposed placement will raise S$7 million.
 
The company already has a successfully running plant (commenced operations in 2016) which is also its first automated ready-mix cement plant in Wuzhou City, China.
 
The new cement plant is expected to help expand the group’s ready-mix cement business and support ongoing urbanization plans in Cenxi City.
 
For more recent trends in China’s cement market, attend CMT’s 21st Asia CemenTrade Summit on 13-14 November, 2019 in Manila.
 
Contact Grace at grace@cmtsp.com.sg or call +65 6346 9147 for more details.
 

02 Jul, 2019