PARKROYAL Yangon
"Booming infrastructure and construction growth in
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Siam Cement Group (SCG), Thailand's largest industrialconglomerate, will start construction of its first cement plant in Myanmar in the second half of this year after the Myanmar Investment Commissionrecently gave it the green light. The plant has an annual production capacity of 1.7 million tonnes. The cement factory will be located in Mawlamyine, the country's fourth-largest city. 3/6/13, www.bangkokpost.com
Holcim Philippines Inc. on Wednesday said it received the first approval from its Zurich-based parent to build a $550 million cement factory in Bulacan to head off an expected surged in demand as the economycontinues to grow. 8/5/13, www.gmanetwork.com
Asia is the catalyst of global recovery. The region is now THE go-to destination for construction investments, namely Myanmar, The Philippines, Malaysia, Laos, Indonesia, Cambodia & etc. Cement investors like Holcim, Cemex, YTL, Siam Cement are among the many who are expanding capacities in one or more of the above countries to meet the growing demand.
Demand for cement in Myanmar is expected to grow exponentially with the country’s thriving construction sector. The government has accorded high priority to infrastructure development projects, ranging from roads, ports facilities, airports, railways, communication systems, SEZ to housing, hotel developments & etc. Cement investors are rushing to tap the golden opportunities; expand their capacities and make inroads to build new plant to meet the supply shortfall. Max Manufacturing is upgrading 2 of its old cement plants from wet to dry process, raising their capacity to 2100 ton/day each. KBZ Industries new 1000ton/day plant will be ready by end of this year. Several other expansions and constructions are underway. Is the cement industry expanding too fast with its many projects? What’s in place to avoid any impact for a nascent industry? What are the foreign ownership restrictions? Is financing too easily available?
Energy cost forms a large part of the input cost for cement production and companies are looking at ways to reduce their energy cost as well as to reduce their carbon footprint. Alternative fuels are becoming part and parcel of the energy mix utilized in cement operation. Hear from cement producers how they maximize alternative fuels in their production.
| Attend CMT’s 15th Asia Cementrade Summit to gain the latest insights in the industry developments. Multiple benefits to network with the who’s who in the cement value chain.
Key sessions to find out:
Do not delay! Register with your group at www.cmtevents.com to enjoy group discount!
More than 8 hrs of networking to renew business ties and forge new business relationship.
Contact Ms Angelia at angelia@cmtsp.com.sg for more information.
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