Manufacturing

Mineral processing and products

Increased iron, steel imports hint at construction sector revival

Cambodia imported iron and steel worth close to $168 million in the first four months of 2024, the General Department of Customs and Excise (GDCE) reported recently. ...

James Whitehead
https://www.khmertimeskh.com/501504480/increased-iron-steel-imports-hint-at-construction-sector-revival/

Kampong Speu cement factory to ‘cut imports, lift production’

A $258 million cement factory in Kampong Speu, approved by the Council for the Development of Cambodia (CDC) on August 24, is expected to raise the nation’s cement production capacity to more than 10 million tonnes per year. ...

Hin Pisei
https://www.phnompenhpost.com/business/kampong-speu-cement-factory-cut-imports-lift-production

Hoa Phat receives many orders to export steel in January, including Cambodia

In the early days of this year, Hoa Phat Group secured many orders to export its steel products to the US, Canada, Mexico, Puerto Rico, Australia, Malaysia, Hong Kong (China), and Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501234931/hoa-phat-receives-many-orders-to-export-steel-in-january-including-cambodia/

Ministry plans issuance of mining licence for cement

The Ministry of Mines and Energy plans to issue an exploration licence to a locally registered firm, which intends to assess the suitability of northern Kampot province as a source for the minerals used in cement production. ...

Van Socheata
https://www.phnompenhpost.com/national/ministry-plans-issuance-mining-licence-cement

Cambodia claims entire ownership of stolen crude oil loaded on MT Strovolos

Ministry of Mines and Energy has claimed that the stolen $21 million crude oil on MT Strovolos legally belongs to Cambodia, denying the news and declarations of owners and managers of the vessel. ...

Khmer Times Staff
https://www.khmertimeskh.com/50945269/cambodia-claims-entire-ownership-of-stolen-crude-oil-loaded-on-mt-strovolos/

Steel imports drop, exports up

Cambodia imported iron and steel worth $281.06 million last year, down 41.11 per cent from 2019’s $477.26 million and exported $6.20 million, rocketing 351 per cent from $1.37 million, according to the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/steel-imports-drop-exports

Record-low oil prices to to continue

A grim report on the world economy by the International Monetary Fund (IMF) yesterday caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand. ...

Harrison White
https://www.khmertimeskh.com/50713728/record-low-oil-prices-to-to-continue/

Kingdom’s fuel prices fixed despite US-Iran row

Increase tensions between the US and Iran, one of the world’s largest oil producers, could cause prices to fluctuate, the Ministry of Commerce warned on Thursday. However, the ministry said fuel prices in the Kingdom will stick to those announced every 15 days, which are ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-fuel-prices-fixed-despite-us-iran-row

UAE firm sets sight on oil in Kingdom

Mubadala Petroleum, one of the UAE’s largest oil and gas companies, is looking for investment opportunities in the Cambodian oil sector, said a senior official at the Ministry of Mines and Energy. Mubadala Petroleum CEO Mazin al-Lamki expressed interest in investing in Cambodia’s oil sector ...

Thou Vireak
https://www.phnompenhpost.com/business/uae-firm-sets-sight-oil-kingdom

Kingdom’s fifth cement factory launched in Kampot province

A cement factory with a production capacity of one million tonnes per year went online on Thursday in Kampot province. The factory is Cambodia’s fifth cement plant and comes in response to the rapid development of the construction sector. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdoms-fifth-cement-factory-launched-kampot-province

China steel company relocates to Cambodia

Chinese state-owned iron and steel company China Baowu Steel Group Corp Ltd has unveiled plans to relocate its blast furnaces from Xinjiang Autonomous Region in the northwest of China to Cambodia, which will be the first overseas Baowu production plant, a Reuters report on Wednesday ...

Hor Kimsay
https://www.phnompenhpost.com/business/china-steel-company-relocates-cambodia

Kingdom’s petrol prices up 20%

Cambodia’s retail petrol price has increased more than 20 per cent during the first four months of this year due to rising costs on the international market, the monthly oil prices set by the Ministry of Commerce reveal. According to the price lists, which have ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-petrol-prices-20

Ministry to probe child labour

The Ministry of Labour says it will investigate the claims of a Royal Holloway, University of London research team’s report alleging modern slavery in Cambodia’s brick kilns, said Minister of Labour Ith Sam Heng. The report entitled Blood Bricks: Untold Stories of Modern Slavery and ...

Mech Dara
https://www.phnompenhpost.com/national/ministry-probe-child-labour

‘Trapped in debt bondage’

Cambodia’s construction boom has pushed thousands of families into modern slavery in the brick industry through debt bondage, a report by researchers from London’s Royal Holloway University say. The blood bricks report was released on Tuesday following the sharp rise in Cambodian brick prices in ...

Mech Dara
https://www.phnompenhpost.com/national/trapped-debt-bondage

Battambang villagers have mixed feelings over new cement factory

A new cement factory in Battambang province has begun construction of a concrete road connecting it to one of Cambodia’s national roads, leaving nearby residents with mixed feelings. ...

Asian demand for cement destroys stunning cliffs in Cambodia – pulverised for their limestone

Across the continent, a construction boom is driving record demand for a core constituent of cement – limestone – resulting in the utter destruction of unique and fragile ecosystems. ...

Per Liljas
https://www.scmp.com/magazines/post-magazine/long-reads/article/2153922/asian-demand-cement-destroys-stunning-cliffs

Prime Minister to reveal new oil policy next week

With the price of oil in the international market on the rise, Prime Minister Hun Sen yesterday announced he will unveil a new policy to deal with the impact of more expensive crude on the 28th of this month. ...

May Kunmakara
https://www.khmertimeskh.com/50502734/prime-minister-to-reveal-new-oil-policy-next-week/

Hun Sen calls for caution amid China-US trade war

Prime Minister Hun Sen warned on Tuesday that a developing trade war between the US and China could affect Cambodia, and said the Kingdom must act to mitigate any potential fallout. In March, US President Donald Trump’s administration slapped tariffs on global imports of steel ...

Ben Sokhean
https://www.phnompenhpost.com/national/hun-sen-calls-caution-amid-china-us-trade-war

Battambang cement factory set to start production

A new cement factory in Battambang province will come online on Friday with an annual production capacity of 1.7 million tonnes of cement, according to Mines and Energy Minister Suy Sem. “We will have finished four cement factories that can produce nearly 7 million tones ...

Hor Kimsay
http://www.phnompenhpost.com/business/battambang-cement-factory-set-start-production

Brick prices climb to towering highs on demand from Sihanoukville

Brick prices in Cambodia have risen sharply in the last year, a trend that has accelerated over the first two months of this year due to growing demand from the rapidly developing coastal town of Sihanoukville. The price of 10,000 bricks hovered around $180 early ...

Hor Kimsay
http://www.phnompenhpost.com/business/brick-prices-climb-towering-highs-demand-sihanoukville

Việt Nam, Cambodia’s bilateral trade surged 30% in 2017

Bilateral trade between Việt Nam and Cambodia last year surged 29.7 per cent against the previous year to nearly US$3.8 billion, the General Department of Customs reported. Of the total, Việt Nam’s export turnover to this market was $2.77 billion, rising 26.1 per cent against the ...

Viet Nam News
http://vietnamnews.vn/economy/422484/viet-nam-cambodias-bilateral-trade-surged-30-in-2017.html#q1s8ssWTMd4ceTep.97

Insiders say new concrete factories not enough to stabilise local sector

Four new Cambodian cement factories are set to come online in the near future, tripling the number of local producers, but insiders and officials this week maintained that even increased capacity will not significantly lower rates of cement imports to Cambodia due to prevailing high ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/insiders-say-new-concrete-factories-not-enough-stabilise-local-sector

New cement plants to max out production capacity

Two large cement plants are expected to begin operations by the end of the year, according to a state official, who said the Kingdom has reached its limit for domestic cement production and the government will stop issuing new licences in order to protect dwindling ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/new-cement-plants-max-out-production-capacity

No concrete solutions for cement shortage

Despite being home to several cement factories, real estate industry experts say Cambodia’s cement manufacturing sector has yet to fulfill demands of the fast developing building boom. ...

Siv Meng
http://www.phnompenhpost.com/post-property/no-concrete-solutions-cement-shortage

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