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

  • Phnom Penh authorities ban march for Human Rights Day

    Phnom Penh authorities have banned a planned march as local NGOs and workers’ unions gear up to celebrate the 70th anniversary of the signing of the Universal Declaration of Human Rights on Monday, with a youth group leader saying they would march nonetheless. The UN

  • Phnom Penh’s Jet’s Container Night Market shuts down

    The famous Jet’s Container Night Market in central Phnom Penh has shut down due to the high cost of the land rental, company representatives claim. Jet’s Container Night Market is the largest such market in Phnom Penh. It operated for just over two

  • Hun Sen rejects ‘rift’ rumours spread by ‘stupid gangsters’

    Prime Minister Hun Sen on Wednesday denied a “rift” among top leaders of the Cambodian People’s Party (CPP), and rejected claims that Senate president Say Chhum and Interior Minister Sar Kheng were set to be removed from their positions as rumours spread by “gangsters”.

  • EU ambassador to Cambodia: Rights a ‘work in progress’

    The EU ambassador to Cambodia has called human rights “a work in progress” and said the 28-nation bloc has “carefully” noted last week’s statement by the government on taking further steps to strengthen democracy and the political sphere in the Kingdom. The EU marked