Latest news with #RM673
Borneo Post
14 hours ago
- Business
- Borneo Post
Cahya Mata's growth outlook cemented with RM673 mln Clinker Line 2 project
Representatives from Cahya Mata Cement and Sinoma Industry Engineering during the signing of the memorandum to kickstart the new clinker production line at Mambong Integrated Plant in Kuching. KUCHING (July 23): Cahya Mata Sarawak Bhd's (Cahya Mata) long-term growth outlook will be cemented with its upcoming RM673 million Clinker line 2 project which is expected to create 500 jobs at peak construction and generate spillover benefits for local businesses. The project was officially greenlit on July 21 when it was announced that Cahya Mata had officially awarded a RM673 million engineering, procurement, construction, and commissioning (EPCC) contract to Sinoma Industry Engineering (M) Sdn Bhd (Sinoma) for the construction of the Clinker line 2 at its Mambong Integrated Plant in Kuching. Sinoma's parent company is China-based Tianjin Cement Industry Design and Research Institute who was the EPCC contractor of Cahya Mata's existing Clinker Line 1. The project is slated to commence construction in August and fully commissioned by June, 2027. According to the research arm of MBSB Investment Bank Bhd (MBSB Research), the addition of Cahya Mata's Clinker line 2 which has a capacity of 1.9 million tonnes per annum will more than double their existing clinker capacity of 900,000 tonnes per annum. This boost in production is expected to help Cahya Mata to eliminate their clinker imports which current make up circa 50 per cent of their requirements. MBSB Research guides that this will not only drive structural cost savings but improve ESG performance over the medium-term. 'The facility will feature state-of-the-art technologies to improve environmental performance and energy efficiency, including a waste heat recovery system capable of generating up to 6MW of power and an advanced dust filtration system designed to reduce dust emissions to more than half of the current regulatory limit. 'The Clinker Line 2 will also employ high-efficiency equipment to reduce energy use and carbon dioxide emissions, while incorporating locally sourced alternative raw materials and fuels to further limit reliance on fossil fuels,' they shared. At peak construction, the mega project is also expected to create up to 500 jobs and generate spillover benefits for local businesses, particularly those in the Padawan and Kuching areas. The development of Cahya Mata's Clinker Line 2 is also timely given Sarawak's accelerating cement requirements stemming from upcoming mega-project such as the Sarawak-Sabah Link Road Phase 2, Trans Borneo Highway, and petrochemical-related developments in Bintulu and Samalaju. 'In this context, the strategic timing of Clinker Line 2 affirms its commitment to future-proofing its capacity while supporting the state's industrialisation drive,' the research arm opined.
The Star
2 days ago
- Business
- The Star
Cahya Mata awards RM673mil clinker line construction contract to Sinoma
KUALA LUMPUR: Cahya Mata Sarawak Bhd 's unit Cahya Mata Cement Sdn Bhd has awarded a RM673 million contract to Sinoma Industry Engineering (M) Sdn Bhd to build a new 6,000-tonnes-per-day clinker line at its Mambong Integrated Plant in Kuching. Cahya Mata said in a filing with Bursa Malaysia today that the project is expected to more than double its subsidiary's annual clinker capacity from 900,000 tonnes to 1.9 million tonnes. "It would also improve the group's cost efficiency and eliminating the need for future clinker imports, which will significantly reduce the carbon footprint in the company's cement production," it said. "The project shall commence in August 2025 and is expected to commence production of clinker by April 2027 and be fully commissioned by June 2027," it said. Meanwhile, Cahya Mata group managing director Datuk Seri Sulaiman Abdul Rahman Taib said the Mambong Clinker Line 2 is a key step in strengthening Sarawak's cement supply chain, boosting capacity, reducing import reliance and ensuring future demand reliability. "Beyond production, it reflects Cahya Mata's commitment to building a modern facility that positions us as possibly the greenest cement producer in the region," he said. Cahya Mata said the facility will feature state-of-the-art technologies to improve environmental performance and energy efficiency, including a waste heat recovery system capable of generating up to six megawatt of power and an advanced dust filtration system designed to reduce dust emissions to more than half of the current regulatory limit. The Clinker Line 2 will also employ high-efficiency equipment to reduce energy use and carbon dioxide emissions, while incorporating locally sourced alternative raw materials and fuels to further limit reliance on fossil fuels. "At peak construction, the project will create up to 500 jobs and generate spillover benefits for local businesses, especially in the Padawan and Kuching area," it said. - Bernama
New Straits Times
2 days ago
- Business
- New Straits Times
Cahya Mata awards RM673mil construction job to Chinese firm's Malaysian unit
KUALA LUMPUR: Cahya Mata Sarawak Bhd's wholly-owned Cahya Mata Cement Sdn Bhd has awarded a RM673 million contract to Sinoma Industry Engineering (M) Sdn Bhd to build a new clinker line at its Mambong integrated plant in Kuching. Cahya Mata, in a filing with Bursa Malaysia today, said the contract involves engineering, procurement, construction and commissioning works for the new 6,000-tonne-per-day clinker line. This will increase the plant's annual production capacity to 1.9 million tonnes. The expansion, scheduled to begin in August and reach full commissioning by June 2027, is expected to more than double the company's current clinker capacity of 900,000 tonnes. "The primary objectives of the project are to be self-sustaining to meet the growing cement demand in Sarawak, currently estimated at 1.7 million tonnes per year, by ensuring a continuous and reliable supply of clinker "This will be achieved by utilising locally available natural resources for clinker production, thereby eliminating the need for clinker importation," it said. Cahya Mata said beyond contributing to regional development, the project is also intended to generate new high-skilled job opportunities. "Operational efficiency will be improved, contributing to a reduction in the overall carbon footprint. "Ultimately, the initiative seeks to ensure long-term sustainability and strengthen Cahya Mata Cement's corporate image," it added. Sinoma Industry, a subsidiary of China's Tianjin Cement Industry Design & Research Institute Co Ltd, brings extensive regional experience and was also involved in the construction of Cahya Mata Cement's existing Line 1, which has been in operation since 1996. Cahya Mata said it has secured all required approvals from key government bodies. This includes the environmental impact assessment from the Department of Environment in Putrajaya and the state planning authority's approval from Sarawak's Ministry of Natural Resources and Urban Development. "The Mambong Clinker Line 2 is a key step in strengthening Sarawak's cement supply chain, boosting capacity, reducing import reliance, and ensuring we can meet future demand reliably. "Beyond production, it reflects Cahya Mata's commitment to building a modern facility that positions us as possibly the greenest cement producer in the region," Cahya Mata group managing director Datuk Seri Sulaiman Abdul Rahman Taib said.
