Malaysia’s cement sector is targeted by San Miguel

Philippines-based San Miguel is considering to re-enter the cement sector in Malaysia's Sarawak state. In 2007, the group had sold Sarawak Clinker. Ramon S Ang, president of San Miguel, says that securing government permissions are difficult although the company is interested to open cement factories in the state.

June 4, 2015 Read time: 1 min

Philippines-based San Miguel is considering to re-enter the cement sector in Malaysia's Sarawak state.

In 2007, the group had sold Sarawak Clinker. Ramon S Ang, president of San Miguel, says that securing government permissions are difficult although the company is interested to open cement factories in the state.

Quarry Products

Philippines: Ang seriously looking into acquisition of Lafarge's cement plants

In the Philippines, businessman Ramon Ang is said to have announced that he is giving serious consideration to the acquisition of Lafarge Republic cement plants.

Ang did not mention if either Eagle Cement or San Miguel were showing interest in buying the local assets of Lafarge.

Ang, who is Eagle Cement's chairman and San Miguel's president, is reported as saying that they are seriously assessing the planned acquisition and it will be a huge transaction if it happens.

The assets that are planned to

September 24, 2015

Philippines: San Miguel adds three new cement plants in expansion drive

The Philippines-based San Miguel Corporation is adding a further three cement factories as part of its expansion drive.

This would increase the group's proposed cement manufacturing investment to nearly US$1 billion (€881.95 million).

In July 2015, San Miguel announced it is to invest US$800 million in two cement factories that are due for completion in 2017.

September 28, 2015

NCC of the Philippines begins US$200mn plant expansion

Philippines-based Northern Cement Corp (NCC) has started the US$200 million expansion of its Pangasinan plant, as part of an aggressive plan by San Miguel Corp (SMC) to increase its cement capacity.

SMC is working on a cement expansion drive worth $1 billion to expand its capacity by 10 million tonnes to 16 million tonnes, according to Ramon S Ang, president of NCC. NCC’s Pangasinan plant expansion will increase its cement capacity to over 2 million tonnes/year. The company has bought the newest manufact

November 14, 2014

Indian billionaire Birla explains the logic of buying cement plants

May 10, 2019

LafargeHolcim divests activities in the Philippines

LafargeHolcim, the French-Swiss global building materials giant, has signed an agreement with San Miguel Corporation for the divestment of its entire 85.7% shareholding in Holcim Philippines Inc. for an enterprise value of US$2.15 billion, on a 100% basis. Closing of the transaction is expected in Q4 2019 and is subject to customary and regulatory approvals.

August 28, 2014

Malaysia’s Cahya Mata posts 13.1% rise in Q2 revenue

In the quarter of April-June 2014, Cahya Mata Sarawak (Cahya Mata), a cement and construction company of Malaysia, has recorded a 13.1% rise in revenue from MYR 338.33million (US$107.70 million/€81.65 million) in the previous year to MYR 383.36 million.

Net profit for the quarter was up by 65.2% from MYR 40.01 million to MYR 66.11 million year-on-year, attributed to growth in all its business units.

Between January and June 2014, Cahya Mata's revenue grew by 14.4% from MYR 648.69 million to MYR 756.6