PNG Taiheiyo Cement
PNG’s only cement producer, PNG Taiheiyo Cement, is based in Lae and operates a modern plant—the first of its kind in the South Pacific.
It produces Type 1 Portland cement, under the Paradise brand. All raw materials such as clinker are imported from its Japanese parent company, Taiheiyo Cement Corporation (TCC). It then processes (grinds), packs and distributes cement to domestic and export customers. TCC bought out PNG Taiheiyo Cement upon privatisation in 2000.
It has a production capacity of 200,000 tonnes and its operations include its own storage silo and wharf, and can cater for vessels of 10,000 to 15,000 tonnes dead weight.
PNG Taiheiyo also exports to the Solomon Islands, Vanuatu and Micronesia, as well as importing cement under the ‘Premium’ brand from Nghi Son Cement in Vietnam, a company that has belonged to the TCC Group since the beginning of 2013.
‘PNG’s consumption of cement is still low compared to other countries,’ says Managing Director Takashi Watanabe. ‘But demand is steadily increasing due to real estate and major infrastructure projects.’