Cement News tagged under: Taiwan
Chia Hsin Cement records 11% rise in revenue16 August 2021, Published under Cement NewsTaiwan’s Chia Hsin Cement has posted a 10.7 per cent increase in revenue to TWD550.39m (US$19.76m) in the second quarter of the year, compared to TWD496.99m in the 2Q20. However, the company has recorded a net loss of TWD162.49m in the same quarter against a TWD139.88m profit in the corresponding period of 2020. |
Asia Cement posts 7% rise in revenue11 August 2021, Published under Cement NewsTaiwan’s Asia Cement has recorded a 6.7 per cent YoY rise in revenue to TWD22.08bn (US$792.89m) in the second quarter of the year, compared to TWD20.69bn in the year-ago period. However, net profit saw a 3.3 per cent fall to TWD4.52bn from TWD4.67bn in the 2Q20. |
Lucky Cement posts 19% decrease in revenue09 August 2021, Published under Cement NewsTaiwan’s Lucky Cement has posted a 19.1 per cent YoY decline in revenue to TWD310.86m (US$11.17m) in July 2021, compared to TWD384.04m in the same month of the previous year. In the first six months of the year, the company also reported an 8.6 per cent decrease in revenue to TWD2.39bn from TWD2.61bn in the 1H20. |
Taiwan Cement Corp completes majority acquisition of Engie EPS21 July 2021, Published under Cement NewsTaiwan Cement Corp has finalised the acquisition of a 60.48 per cent share of Italy-based energy storage company Engie EPS SA on 20 July 2021, at a price of EUR17.10 per share and a total investment of EUR132m. The new company name, New Horizons Ahead (NHOA), also came into effect. According to Bloomberg New Energy Finance (BNEF), after the acquisition of NHOA, TCC will be in fourth place in global energy storage power output and become a major supplier of high-end electric vehicle (EV) c... |
Hsing Ta Cement posts 14% increase in revenue09 July 2021, Published under Cement NewsTaiwan’s Hsing Ta Cement has seen its revenue in June 2021 fall 19.5 per cent YoY to TWD492m (US$17.54n) from TWD611.25m. In the January-June period, revenue improved 13.6 per cent YoY to TWD3.69bn from TWD3.26bn. |
Universal Cement records 12% rise in revenue09 July 2021, Published under Cement NewsTaiwan’s Universal Cement has posted a 10.2 per cent YoY decline in June revenue to TWD407.13bn (US$14.5m) from TWD453.56m in the year-ago period. In the first six months of the year, revenue advanced 12.1 per cent to TWD2.91bn from TWD2.59bn. |
Taiwan's producers see largely positive results in May10 June 2021, Published under Cement NewsTaiwan’s Hsing Ta Cement has posted an 11.3 per cent YoY decline in revenue to TWD627.35m (US$22.65m) in May, compared to TWD706.92m in the year-ago period. However, in January-May 2021 revenue advanced 21.2 per cent to TWD3.21bn from TWD2.64bn in the 5M20. Elsewhere, Universal Cement posted a 32.4 per cent rise in revenue to TWD533.8m from TWD403m in May 2020. Revenue in the first five months of the year also climbed 16.8 per cent to TWD2.5bn from TWD2.14bn. Chia Hsin Cement also saw rev... |
Lucky Cement sees 6% decline in revenue09 June 2021, Published under Cement NewsTaiwan’s Lucky Cement has seen its revenue stay largely flat at TWD357.04m (US$12.87m) in May 2021, compared to TWD357.16m in the year-ago period. In the January-May period, revenue declined 6.3 per cent YoY to TWD1.75bn from TWD1.87bn in the 5M20. |
North Sulawesi exports 63,046t in May01 June 2021, Published under Cement NewsIndonesia’s North Sulawesi province exported 63,046t of cement to Taiwan, the Philippines and Malaysia in May 2021, according to the North Sulawesi Industry and Trade Office. The value of exports totalled US$2.18m, with Malaysian exports representing US$1.1m from 32,496t alongside US$763,750 from 32,496t sent to Taiwan. Cement is a relatively new export from North Sulawesi and the Industry and Trade Office is reportedly on the look for new markets. |
Asia Cement creates shore power solution for vessels21 May 2021, Published under Cement NewsTaiwan’s Asia Cement Corp has announced the completion of a full shore power project for its cement vessels, which will see its cement carriers use the onshore Taipower energy supply instead of using on-board generators while berthing at port. The project is expected to save over 1474t of fuel per year and effectively cut 5329t of CO 2 emissions. Asia Cement currently has four cement carriers that transport cement from its Hualien plant to various ports of Taiwan and overseas markets. In ... |