Cement News tagged under: Taiwan
Taiwanese giants profit on mainland China04 May 2018, Published under Cement NewsThis week the Taiwanese cement giants operating on the Chinese Mainland disclosed they expect a profitable year ahead with pickings envisaged to be richer than in their domestic market. While it had not increased cement capacity in China,Taiwan Cement Corp (TCC) became the sixth-largest cement manufacturer in China before the end of 2017. This followed an 8Mta cut in production capacity to 51.5Mta by China Shanshui Cement Group. In addition, Asia Cement Corp (ACC), part of Taiwan conglomer... |
Asia Cement invests in green wind energy20 March 2018, Published under Cement NewsAsia Cement Corp announced yesterday that the company is partnering with Copenhagen Infrastructure Partners (CIP) to develop an offshore wind farm that could be in operation before the end of 2020. The TWD60bn (US$2.05bn) Hsinchu Offshore Wind Power Project is a 450MW off the Taiwan coast. Asia Cement President, Kun-Yen Lee, said, the cement producer would cover TWD20bn-30bn of the development costs, in line with the 20-30 per cent self-financing ratio of most wind projects. The loc... |
Chia Hsin Cement Corp reports revenue decrease in February12 March 2018, Published under Cement NewsTaiwan-based Chia Hsin Cement Corp has announced its results for the Jan-Feb 2018 period, recording a 26 per cent YoY decrease in revenue from TWD404.17 (US$13.80m) to TWD297.68m. In February the company saw a 27 per cent fall in revenue to TWD125.59m from TWD171.51m of the year-ago period. |
Universal Cement Corp reports revenue decrease in February09 March 2018, Published under Cement NewsUniversal Cement Corp. has reported a decrease in revenue for the February 2018 period, falling 13 per cent to TWD268.12m (US$9.14m) from TWD308.36 of the year-ago period. However, the Jan-Feb revenue increased by eight per cent YoY from TWD672.2m to TWD728.6m. |
Taiwan manufacturers see positive January12 February 2018, Published under Cement NewsFour of Taiwan's cement producers have reported positive results for January. Hsing Ta, Universal, Asia Cement Corp and Taiwan Cement Corp all saw revenues increase. Hsing Ta Cement has announced its revenue results for the January 2018 period, which feature a 42.8 per cent rise to TWD475.4m (US$16.2m) from TWD333m in January 2017. Similarly, Universal Cement Corp has realised a 26.6 per cent YoY revenue increase from TWD363.8m to TWD460.4m for January 2018. In the same period, As... |
Taiwan Cement plans to increase alternative fuel use29 January 2018, Published under Cement NewsTaiwan Cement Corp has announced plans to work with Beijing Orient Landscape & Environment Co Ltd to develop its involvement in the Chinese waste market, according to the Taipei Times. The company expects to work with waste management service provider Beijing Orient to bid on Chinese projects. Taiwan Cement is creating technologies which will enable it to use tyres, plastics and petrochemical wastes to replace coal. Presently, the company is able process 200tpd of hazardous waste at its pl... |
Universal Cement Corp sees 14% revenue drop in December10 January 2018, Published under Cement NewsUniversal Cement Corp, Taiwan, has reported a 13.8 per cent YoY fall in December revenues to TWD399.796m (US$13.5m ) from TWD463.842m in December 2016, according to the Taiwan Stock Exchange. For the full year, revenues declined 4.7 per cent from TWD4.622bn in 2016 to TWD4.405bn in 2017. |
Hsing Ta Cement reports 24% revenue rise in 201709 January 2018, Published under Cement NewsTaiwan-based Hsing Ta Cement has reported a 13.1 per cent rise in December revenues to TWD581.701m (US$19.64m) from TWD514.449m, according to the Taiwan Stock Exchange. For the full year, revenues increased 23.7 per cent from TWD4.346bn in 2016 to TWD5.376bn in 2017. |
Taiwan's Hsing Ta reports revenues up 53% in November08 December 2017, Published under Cement NewsHsing Ta Cement Co Ltd reported a 52.6 per cent rise in revenues to TWD673.172m in November 2017 from TWD441.025m in the year-ago period. For the first 11 months of 2017, the company’s revenues increased 41.8 per cent YoY from TWD3.832bn to TWD4.794bn. |
Taiwan Cement Corp increase shipment prices04 December 2017, Published under Cement NewsTaiwan Cement Corp are to raise product prices for shipments to Guangdong and Guangxi provinces by CNY20 (US$3)/t to CNY360, as reported by Taipei Times. The increase in price will be effective from Saturday. The price change is demonstrative of the strong demand in Southern China and subsequent shortage of cement. Beijing’s stricter environmental regulations have also led to some cement producers halting production, negatively impacting the quantity of cement available. Taiwan Cement coul... |