Logo of Phnom Penh Post newspaper Phnom Penh Post - A cement company in Kampot steps it up

A cement company in Kampot steps it up

A cement company in Kampot steps it up

Kampot cement have accelerated works on their second factory after signing an agreement to buy technology and machinery from China, allowing them to produce more ahead of anticipated demand, according to company management.

Prak Soserey Wathana, Manager of Kampot Cement, said that it had signed a contract with Chinese company CITIC Heavy Industries Co Ltd for supplying the new equipment.

Wathana would not elaborate on the cost, but he said the agreement would allow the company to step up production ahead of the year’s schedule.

He confirmed that the second factory would be completed in late 2015.

“Now, the demand in our country is huge due to increased construction,” he said, adding that the company also has plans to export.

Kampot Cement currently operates one factory with approximate output of 2,800 tonnes per day. The second factory will be able to produce 2,500 tonnes a day.

Siam City Cement and the Chip Mong Group also signed a memorandum of understanding to build a new cement plant in the Toukmeas district of Kampot by 2015.

A feasibility study confirmed the factory should be able to produce between one and 1.5 million tonnes per year.

Sok Chantha, public relations manager for the Chip Mong Group, said he was not threatened by the new Kampot Cement factory.

“We have market share already, and the markets are still open, so it is of no concern,” he said.

MOST VIEWED

  • Cambodia’s image problem

    In opening remarks at a recent event, Secretary of State at the Ministry of Foreign Affairs and International Cooperation Luy David said information can be a double-edged sword. He told a European Institute of Asian Studies (EIAS) briefing seminar that the media has unfairly presented

  • PM Hun Sen says dangers averted

    Delivering a campaign speech from his home via Facebook Live on Thursday, caretaker Prime Minister Hun Sen said his Cambodian People’s Party (CPP) had carried the country through danger in its latest mandate. He was specifically referring to the threat of a “colour revolution”

  • Kingdom's trade deal with EU questioned before poll

    A European Union (EU) mission met with senior government officials at the Ministry of Interior on Tuesday as the 28-member bloc monitors an agreement under which Cambodian goods reach the crucial European market tariff-free. Some 10 commissioners are in the Kingdom as part of a seven-day

  • A new carrier takes off in capital

    Cambodia Airways, the latest passenger airline to enter the Kingdom, launched its first domestic flight on Tuesday. Flight KR801, carrying 145 passengers, left the Phnom Penh International Airport at 9:50am and landed in Siem Reap at 10:35am in an Airbus A319. Cambodia Airways marketing and branding