Cement News

Thai cement producers urged to eye Philippines as tax on imports ends

During the first nine months of this year, Thailand produced about 20.56 million tonnes of cement. Most, 18.39 million tonnes, was for the domestic market. The rest, 1.67 million tonnes, was exported.

Myanmar, Laos and Cambodia are the major export markets for Thai cement, Ronnarong said, adding that Thai producers rarely exported to the Philippines because of the tax.

He said the Philippines imported about 4 million tonnes of cement a year, with about 90 per cent of that from Vietnam.

The Foreign Trade Department expects the Philippines to import more cement next year as its property market and overall economy continue growing.

Now that the tax on imported cement is gone, the Philippines is a high-potential market for Thai cement exporters, Ronnarong said.

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