Economy & Market

Siam Cement bullish on cement in ASEAN region

Published

9 years ago

December 29, 2016

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Demand for cement in the ASEAN region is expected to rise further in 2017, according to Siam Cement Group (SCG) President and CEO, Roongrote Rangsiyopash.
Rangsiyopash argued that cement demand would benefit from a cyclical upturn in the petrochemical industry and the continuous growth of the construction industry throughout the ASEAN region.
Rangsiyopash expressed his optimism during the Siam Cement Group’s annual stockholders’ meeting where he disclosed a registered profit of $404 million for the third quarter of 2016, a 57 per cent increase from the same period in the previous year.

Concrete

Cement industry to gain from new infrastructure spending

Published

8 hours ago

July 24, 2025

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

Concrete

AI boom drives demand, says ACA

Published

9 hours ago

July 24, 2025

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The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

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Concrete

GoldCrest Cement to build plant in India

Published

1 day ago

July 23, 2025

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GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.