Cement News tagged under: North Asia
Chia Hsin Cement reports 14% drop in 2M22 revenue14 March 2022, Published under Cement NewsTaiwan-based Chia Hsin Cement posted a 7.6 per cent fall in revenues in February 2022, declining from TWD145m (US$5.1m) in February 2021 to TWD134m. In the first two months of 2022, the company’s revenue fell by 14.2 per cent to TWD292.1m from TWD340.6m in the 2M21. |
Taiwan Cement and Asia Cement report fall in January revenues24 February 2022, Published under Cement NewsIn January 2022 Taiwan Cement Corp reported revenues of TWD7517.896m (US$269.6m), down by seven per cent from TWD8084.465m in January 2021. Asia Cement Corp ’s revenues slipped 0.2 per cent to TWD7420.726m in January 2022 from TWD7436.331m in the equivalent period of the previous year. |
Schneider Electric and Nanjing Kisen sign strategic partnership agreement08 February 2022, Published under Cement NewsSchneider Electric has signed a long-term cooperation agreement with Nanjing Kisen (CNBM) to progress the operational efficiency of intelligent cement plants through innovative digital modernisation in alignment with UN Sustainability Goals, The strategic partnership agreement will accelerate the digital transformation of cement plants and enterprises in China, and beyond, leveraging their shared strengths in advanced digital technologies for energy and resource efficiency. U... |
Dr Sibo 'Steven' Yan appointed as general manager of KHD Beijing25 January 2022, Published under Cement NewsDr Sibo 'Steven' Yan has been appointed as general manager of KHD's Chinese unit KHD Humboldt Wedag Machinery Equipment (Beijing) Co Ltd. Dr Yan holds a PhD from Beijing University of Technology and brings along an impressive background of experience and knowledge in industrial cement plant construction. During his term as Vice President at Humboldt Wedag Inc he has contributed largely to winning and successfully executing the Mitchell project in the USA. The Chinese market is expected... |
South Korea's cement producers plan 18% price rise05 January 2022, Published under Cement NewsMajor cement manufacturers in South Korea will be implementing a further rise in wholesale prices as the construction industry in the Asian country gathers pace, according to Maeil Business Newspaper. This follows a 5.1 per cent price rise from KRW75,000 (US$62.63)/t in July 2021, the second rise in a year following a price freeze since 2014. Ssangyong C&E has decided to lift the price of its first-class bulk cement to KRW93,000/t from February, representing an 18 per cent hike when compare... |
New cement plant for Yuzhnaya on Sakhalin21 December 2021, Published under Cement NewsThe Sakhalin Oblast Development Corp is planning the construction of a cement plant in Smirnykhovsky District in the Yuzhnaya priority development area (PDA) and has agreed to the financial and economic justification, according to Esmerk Russian News. The volume of private investment in the plant is estimated at RUB8bn (US$112.2m). The name of the investor has not been disclosed but they expect to receive the status of resident of the PDA. The plant is expected to be commissioned by 2025... |
Shanghai Yicheng Juxin Construction Technology joins WCA13 December 2021, Published under Cement NewsThe World Cement Association (WCA) announced today that global innovative technology services corporation Shanghai Yicheng Juxin Construction Technology Co Ltd has joined as an associate corporate member. The Chinese organisation is a specialised construction technology firm providing advanced materials, green and low carbon technology, and professional design to construction companies. “The journey towards decarbonisation is hard but not unachievable, so long as we work togeth... |
Taiwan's cement producers announce November results10 December 2021, Published under Cement NewsTaiwan Cement has posted a 1.5 per cent YoY decline in November revenue to TWD9.75bn (US$351.94m) against TWD9.9bn in the year-ago period. In the first 11 months of 2021, revenue stayed largely consistent at TWD96.22bn from TWD95.81bn. Asia Cement saw revenue up 13.4 per cent to TWD8.99bn from TWD7.92bn in November 2020, while revenue in the 11M21 climbed 14.8 per cent YoY to TWD80.25bn. Elsewhere, Chia Hsin Cement reported a 5.3 per cent YoY increase in revenue to TWD197.77m in November ... |
Hsing Ta Cement sees 9% revenue increase09 December 2021, Published under Cement NewsTaiwan’s Hsing Ta Cement has posted an 8.7 per cent YoY rise in revenue to TWD781.72m (US$28.2m) in November, increasing from TWD719.1m in the year-ago period. In the first 11 months of the year, revenue was down 1.8 per cent YoY to TWD6.6bn from TWD6.72bn. |
Asia Cement Corp and RWE to collaborate on more offshore wind projects07 December 2021, Published under Cement NewsTaiwan’s Asia Cement Corp (ACC) and RWE, which are both developing the 448MW Chu Feng offshore wind project, are now set to expand their strategic partnership to include further projects off the coast of Taiwan. They are expected to investigate several new projects in the waters of Hsinchu, Taichung and Changhua, with some of these sites having water depths that are suitable for floating offshore wind. Jens Orfelt, RWE Renewables APAC president for offshore wind, said: “RWE is strongly com... |