Cement News tagged under: Taiwan
Taiwan Cement establishes low-carbon construction building alliance20 November 2024, Published under Cement NewsTaiwan Cement (TCC) invited over 100 construction companies to announce the establishment of the "Low Carbon Construction Building Alliance" on 18 November 2024. Over the past year, TCC and its customers have collectively reduced 146,000t of carbon emissions in the construction industry by using low-carbon building materials, the company said. Chair Chang An-ping noted the company has shipped more than 800,000m 3 of Portland limestone cement this year and has signed orders for 2.5Mm 3 ... |
Asia Cement reports stable 3Q revenue but net profit falls 30%14 November 2024, Published under Cement NewsTaiwanese cement producer Asia Cement Corp has reported a revenue of TWD19,953.2m (US$614.9m) in the third quarter of 2024, up 0.3 per cent YoY when compared with the 3Q23, when revenue reached TWD19,893.9m. The company posted a pretax profit of TWD2254.8m, down 31.2 per cent YoY from TWD3278.6m in the 3Q23. Net profit declined by 29.9 per cent YoY to TWD1896.3m in the 3Q24 from TWD2705.6m in the year-ago period. |
Chia Hsin Cement profits triple in 3Q2414 November 2024, Published under Cement NewsTaiwan-based Chia Hsin Cement Corp saw a five per cent pick-up in revenue to TWD775.7m (US$23.9m) in the 3Q24 from TWD738.5m in the year-ago period. Pretax profits tripled from TWD132.2m in the 3Q23 to TWD537.4m in the 3Q24 while the company’s net profit surged by 312.6 per cent YoY to TWD484.6m from TWD117.4m in the 3Q24. |
Hsing Ta Cement sees 47% fall in net profit in 3Q2413 November 2024, Published under Cement NewsTaiwan-based Hsing Ta Cement posted a revenue of TWD1059.1m (US$32.6m) in the third quarter of 2024, down 33.6 per cent when compared with TWD1595.2m in the equivalent period of 2023. The company’s pretax profit shrank by 52.3 per cent to TWD104.9m in the 3M24 from TWD219.9m in the 3M23 while net profit dropped by 46.8 per cent to TWD62m from TWD116.4m in the year-ago period. Hsing Ta Cement operates the 1.56Mta Nan Shang Hu integrated works in Su’ao, Yilan, on Taiwan’s northeastern c... |
U-Ming purchases two new cement carriers11 September 2024, Published under Cement NewsTaipei-listed dry bulk ship owner U-Ming that it has bought two new cement carriers to replace older vessels. The new vessels are expected to operate with improved fuel efficiency and be more environmentally friendly. The delivery dates were not available. U-Ming operates five cement carriers with sizes ranging from 6169dwt to 12,340dwt, built between 1980 and 1995. |
Semen Indonesia International clinker exports to Taiwan up 80%21 August 2024, Published under Cement NewsPT Semen Indonesia International (SII) reported a significant increase in clinker exports to Taiwan in the first half of 2024. Clinker exports to Taiwan reached 0.564Mt, up 80 per cent YoY from 0.314Mt in the 1H23. The increase reflects the growing demand from Taiwan’s construction industry, which is increasingly reliant on Indonesian clinker. SII's President Director, Ridwansyah, stated that the rise in export volume to Taiwan is the result of hard work and collaboration among SIG, PT ... |
Southeast Cement sees 2Q net profit down 11%14 August 2024, Published under Cement NewsTaiwan-based Southeast Cement Corp has posted a revenue of TWD604.62m in the second quarter of 2024, ended 30 June. This represents a 1.7 per cent decrease from TWD615.383m in the 2Q23, according to the Taiwan Stock Exchange. However, pretax profit was up 3.7 per cent to TWD82.59m in the 2Q24 from TWD79.67m in the 2Q23. Net profit declined by 11.4 per cent YoY to TWD59.306m from TWD66.944m. Earnings per share slipped from TWD0.12 to TWD0.10. |
Adapting strategies to survive climate change21 June 2024, Published under Cement NewsCement producers are developing contrasting strategies as they seek to discover ways to prosper in response to the complex challenges and uncertainties presented by climate change. On the one hand, there are companies seeking to find technical solutions to decarbonise carbon emissions and continue producing clinker. The risk here is that many of the technical solutions are yet to be discovered, making the decarbonisation route uncertain. Others are seeking to diversify away from pollution, s... |
Factory in the forest04 June 2024, Published under Cement NewsAt its 5Mta Hualien plant in Taiwan, Asia Cement showcases its new circular economy solutions as well as its biodiversity restoration programme. The company’s drive for sustainable operations ranges from finding safe ways to dispose of waste wind turbine blades and refrigerants to quarry restoration and the creation of its own ecological park. By Chih-Hsien, Yu-Chung Tseng and Ting-Yun Lai, Asia Cement, Taiwan Asia Cement has actively invested in kiln technology to dispose of refrig... |
Taiwan Cement to operate as TCC Group Holdings27 May 2024, Published under Cement NewsTaiwan Cement Corporation (TCC) held its shareholders' meeting on 21 May 2024 officially announcing the transformation of the 78-year-old company into a group holding company, shifting its English name from Taiwan Cement Corporation to TCC Group Holdings. This marks a significant leap into 11 industries, spreading its presence across 13 international markets. TCC's Chairman, Nelson Chang, highlighted that 60 years ago, TCC operated as a cement-only supplier. TCC has now advanced to becom... |