Chip Mong Insee Cement Corporation opened a new $262 million cement production plant in Kampot province, Cambodia. The facility is expected to become fully operational in January 2018, producing 5,000 tonnes of cement per day and creating 400 jobs.
Chip Mong Insee Cement Cooperation is nearing completion of its new $262m cement plant in Kampot province, Cambodia, with a capacity of 5,000 tpd, due to open by end of 2017.
Siam City Cement Public Co Ltd announced it will rename Holcim Vietnam Co into Siam City Cement Vietnam, following its August 2016 agreement to buy LafargeHolcim's 65% stake in LafargeHolcim Vietnam for $890 million.
LafargeHolcim signed an agreement to sell its interest in Holcim Lanka to Siam City Cement for an enterprise value of $400 million. Holcim Lanka operates an integrated plant and a grinding plant in Sri Lanka.