Cement News tagged under: Sumitomo Osaka Cement
Reconstruction efforts to boost operating profit, Japan11 May 2012, Published under Cement NewsTaiheiyo Cement Corp and Sumitomo Osaka Cement are both expected to post their highest operating profit in five years in fiscal 2012 due to reconstruction demand from the March 2011 disaster, according to reports from the Nikkei. Taiheiyo Cement, the domestic leader, is expected to post a profit of JPY37bn for the year to March 2013, while Sumitomo Osaka Cement is expected to report roughly JPY10bn. Domestic cement demand is projected to grow 1% to 43Mt this fiscal year, its second consec... |