
Displaying items by tag: Malaysia
Malaysia: Richard Curtis is to retire as Group Managing Director of Cahya Mata Sarawak Berhad (CMS) on 31 December 2017. He will then remain as a Non-Independent Non-Executive Director until the end of 2018. Curtis will be succeeded by Isaac Lugun as the company’s Group Chief Corporate Officer and Goh Chii Bing as its Group Chief Operating Officer.
Italy: Cementir’s acquisition of Compagnie des Ciments Belges has propped up its sales revenue, volume and operating profit for the first half of 2017. Its sales revenue rose by 31.3% year-on-year to Euro631m in the first half of 2017 from Euro481m in the same period in 2016. However, on a like-for-like basis its sales revenue fell by 1.5%. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 68.5% to Euro85.1m from Euro72m but fell by 4.9% on a like-for like basis. Its sales volumes of cement rose by 34% to 6.37Mt from 4.75Mt but fell by 2.4% on a like-for-like basis. The group blamed its poor like-for-like performance on falling revenue in Turkey and Malaysia despite good results in Denmark, Norway, Sweden, China and Italy.
“Results in the first half 2017 were up thanks to the effect of the acquisitions concluded in the second half 2016, which added Euro16.6m to EBITDA, despite adverse changes in exchange rates. On a like-for-like basis, the improvement in EBITDA in Egypt, Italy, China and Norway partially compensated lower earnings in Turkey and, to a lesser extent, in Denmark and Malaysia, as well as the depreciation of foreign currencies against the Euro – mainly the Egyptian Pound and the Turkish Lira,” said Francesco Caltagirone Jr, Chairman and Chief Executive Officer (CEO).
Southeast Asia: LafargeHolcim has signed an agreement on biodiversity conservation with Fauna & Flora International (FFI). Under the agreement, FFI will perform an independent external review of the group’s existing biodiversity management plans (BMP) at sites in Malaysia, Indonesia and the Philippines; contribute to the development of a group-wide strategy on karst management; identify opportunities for enhancing biodiversity in quarry rehabilitation; and organise a stakeholder dialogue bringing together an external expert group, local government, local non government organisations and LafargeHolcim staff to consult on BMP recommendations. The agreement is intended to help LafargeHolcim meet the biodiversity aspects of its 2030 sustainability plan.
“Biodiversity loss is a major global challenge. We aim to be good stewards of the land where we operate and demonstrate that proper management of quarries can reduce and reverse our impacts and even generate positive change for biodiversity. The new engagement work with FFI will play a key role in achieving our commitment,” said Caroline Hempstead, Group Head of Communications, Public Affairs & Sustainable Development at LafargeHolcim.
Malaysia: Cahya Mata Sarawak Berhad’s (CMS) cement division’s operating profit rose by 2% year-on-year to US$23.6m in 2016 from US$23.2m in 2015. However, its sales revenue fell by 6% to US$127m from US$135m. The group blamed its falling sales on ‘challenging’ market conditions. Overall the group’s sales revenue and profit fell in 2016.
“2016 was a challenging period for us in terms of group performance meeting targets as we had faced challenging market and operational conditions. These macro factors included low commodity selling prices, higher costs of raw materials in the Cement Division resulting from the strong US dollar, and generally the sluggish private and public sector demand attributable to bank lending restraints and the lack of any new big projects. Our group’s core businesses, however, remained resilient during this period and continued to report stable earnings,” said Richard Curtis, Group Managing Director of CMSB.
Malaysia: Engineering company Christian Pfeiffer has released more information about a grinding plant that it completed at the Mambong cement plant for Cahya Mata Sarawak (CMS) in 2016. The engineering procurement and construction (EPC) contract was originally signed in mid-2014 and it also included raw material handling, finished product storage silos and an automated packing plant.
The grinding plant consists of a two-compartment ball mill with a diameter of 4.8m x 15m effective grinding length equipped with a QDK 248-Z separator designed to produce 150t/hr of cement with a fineness of 3500cm²/g according to Blaine. The mill is supported by slide shoe bearings and driven by a lateral drive unit consisting of a girth gear and two pinion gear box with a floating shaft and a 5600kW main motor. The feed materials - clinker, gypsum and limestone - are dosed separately via weigh feeders, while fly ash can be added directly to the separator by a bucket elevator.
The ball mill is equipped with progressive lifting and classifying liners and filled with Allmax grinding balls. The material flow from the first to the second compartment is regulated by a Christian Pfeiffer intermediate flow-control diaphragm in Monobloc design, to ensure an ideal material level and particle size for fine grinding in the second compartment. The fine ground cement leaves the mill by a discharge diaphragm, in a Christian Pfeiffer Monobloc design, and is fed to the separator circuit by a bucket elevator. Separation of the ground cement is achieved by a bag filter application with minimum remaining dust content in the clean gas of below 10 mg/Nm³.
The cement produced is stored in two interchangeable 10,000t silos. One is a mono-cell and the other duo-cell, allowing for the production and storage of three different types of cement. Each silo is equipped with two bulk loading devices for conventional silo truck loading. Cement for the adjacent packing plant is transported via air slides and a bucket elevator. There, it can be filled into big-bags or cement paper bags by a rotary packer at a rate of 3000 bags/hr. At this stage the single packed cement bags can either be directly loaded on trucks or be transferred to a palletiser. The automated palletising system is designed for both pallet and palletless operation.
CMS officially launched the 1Mt/yr grinding plant in late 2016.
Cahya Mata Sarawak Berhad opens cement grinding plant at Mambong
09 November 2016Malaysia: Cahya Mata Sarawak Berhad (CMSB) has officially launched its 1Mt/yr cement grinding plant at Mambong for a cost of US$45m. The engineering, procurement and construction (EPC) contract for the unit was awarded to Germany’s Christian Pfeiffer Maschinenfabrik GmbH in April 2014. Construction at the site started in July 2014, production ramp-up commenced in December 2015 and it was fully commissioned earlier in 2016. The plant comprises a 150t/hour ball mill, a high efficiency separator, 2 units of 10,000t concrete silos, four-line bulk loaders and a 3000 bag/hour packing and palletising machine.
“This third plant will increase CMSB’s total annual rated cement production capacity by almost 60% to 2.75Mt/yr, well above current local demand of around 1.7 – 1.8Mt/yr.” said Richard Curtis, Group Managing Director of CMSB. The plant joins the company’s integrated cement plant at Mambong and a grinding plant at Bintulu. CMSB intends to meet growing cement demand in Sarawak, including from big projects such as the Baleh Dam and the Pan Borneo Highway.
The official launch also included the signing of a Memorandum of Understanding (MoU) between CMS Clinker and ZHA Environmental to enter into negotiations for the use of shredded rubber tyres as an alternate fuel in the production of clinker. CMSB has also signalled its intent to use slag in its cement manufacture as sources become available.
Lafarge Malaysia faces clean-up costs after accidental dust discharge
19 September 2016Malaysia: Lafarge Malaysia is facing clean-up costs following the release of dust from its Langkawi cement plant on 12 September 2016. Dust from the plant was accidentally released due to repair work on a clogged processing unit. It was then blown by the wind to three nearby villages comprising around 1000 houses, according to the Free Malaysia Today newspaper. Management at the plant has apologised for the incident and has agreed to cover the cost of the clean up.
Lafarge Malaysia profits slump due to weak markets but plant expansions set to cut clinker transport costs
06 September 2016Malaysia: Lafarge Malaysia Bhd's management has said that for the first half ended June 30 2016, core net profit was down 69.4% mainly due to lower cement revenue (-5.3%) due to weaker demand for cement on the back of a slowdown in the property market and delay in the commencement of mega projects such as KL118 Tower project, Tun Razak Exchange; Holcim 'synergisation' costs of about US$4m and a higher effective tax rate (+13.8%) from lower capital allowances.
Management expects the effective tax rates to be normalised in the 2017 financial year from capital allowances from its newly-commenced Rawang (Selangor) and Kanthan (Perak) plants expansions.
With the new capacity expansion in the Rawang and Kanthan plants commencing in March and April 2016 respectively, management revealed that this would provide savings in overall transportation costs as clinker is no longer required to be delivered from Langkawi (Kedah) to its grinding units in Pasir Gudang (Johor) which can now be delivered from Kanthan instead - which is approximately half the travelling distance.
Malaysia is due to see an increase in overall cement production capacity of 13% in 2016 due to the completion of expansion projects and the weak market is expected to become tougher-still. Besides looking out for further cost-saving avenues, Lafarge Malaysia is also looking for differentiation in this competitive market through higher investment in dry-mix cement and strengthening of its brand name through more aggressive marketing.
Lafarge Malaysia’s profit plunges 72%
24 May 2016Malaysia: Lafarge Malaysia, part of LafargeHolcim, saw its net profit fall by nearly 72% to US$5m in the first quarter of 2016, from US$17.9m in the same period a year earlier. It reported lower contributions from its cement segment, following prolonged price competition. The one-off costs of integrating Holcim Malaysia within the company also affected earnings. Lafarge Malaysia’s quarterly revenue slipped by 3.8% to US$162m from US$168.8m in the first quarter of 2015.
Lafarge Malaysia buys Holcim
23 November 2015Malaysia: Lafarge Malaysia Bhd has bought Holcim Sdn Bhd from PT Holcim Indonesia in a deal worth US$71.2m.
"With this merger, our installed cement capacity will rise to 14.1Mt/yr from 12.9Mt/yr through the combined strength of three integrated cement plants, two grinding stations, over 40 ready-mix concrete batching plants and six aggregate quarries," said Lafarge in a statement. Lafarge Malaysia has now become part of LafargeHolcim.