Cement News tagged under: North Asia
Asia Cement Corp reports 3% increase in December revenue08 January 2021, Published under Cement NewsTaiwan’s Asia Cement Corp has reported a 2.5 per cent YoY increase in revenue to TWD8.32bn (US$297.2m) for December 2020, compared with TWD8.12bn in the year-ago period. In the full-year 2020, revenue declined 12.4 per cent YoY to TWD78.24bn from TWD89.34bn. |
MIIT raises old-capacity elimination levels in China to enable new capacity projects18 December 2020, Published under Cement NewsChina has unveiled stricter draft rules for new cement plants, increasing the amount of old capacity that producers need to retire as they propose new capacity. The tougher regulations intensify a three-year-old programme intended to reduce CO 2 emissions. Under the new rules, cement producers must retire at least 2t of outdated capacity for every tonne of new capacity in areas classified as environmentally sensitive, up from the current 1.5:1 ratio, says the Ministry of Industry and I... |
Taiwan's producers see fall in November revenue10 December 2020, Published under Cement NewsTaiwan Cement Corp has reported a 6.8 per cent YoY decline in revenue for November to TWD10.89bn (US$385.81m) from TWD11.68bn in the year-ago period. In the January-November period, revenue fell 6.4 per cent YoY to TWD103.4bn. Elsewhere in the country, Asia Cement Corp’s revenue was down one per cent to TWD7.92bn from TWD8bn in November 2019. In the first 11 months of the year, revenue fell 13.9 per cent YoY to TWD69.9bn from TWD81.2bn. Hsing Ta Cement also posted a 17.4 per cent dip i... |
Lucky Cement reports 16% rise in November revenue09 December 2020, Published under Cement NewsTaiwan’s Lucky Cement has reported a 16.3 per cent YoY increase in revenue for November 2020, rising to TWD402.13m (US$14.24m) from TWD345.87m in November 2019. In the January-November 2020 period, revenue climbed 23.5 per cent YoY to TWD4.14bn from TWD3.35bn. |
Taiwan Cement Corp sees revenue rise 3% in the 3Q2020 November 2020, Published under Cement NewsTaiwan Cement Corp has announced a three per cent YoY rise in revenue to TWD29.8bn (US$1.04bn) for the third quarter of 2020. Its net income also reached TWD7.4bn, up 14 per cent YoY. In the first nine months of the year, revenue decreased six per cent YoY to TWD82.2bn while net income increased four per cent to TWD18.4bn. "Fourth quarter is the traditional peak season for the cement market and we remain optimistic about our performance," said Edward Huang, senior vice president, Taiwa... |
Sumitomo Osaka sees 6% fall in 1H revenue11 November 2020, Published under Cement NewsJapanese cement producer Sumitomo Osaka Cement Co posted a 6.4 per cent fall in its 1H revenue ended 30 September 2020 to JPY112.12bn from JPY119.84m in the 1HFY20-21. Operation profit slipped 5.3 per cent to JPY6.02bn in the first six months of FY20-21 from JPY6.3bn in the year-ago period. Pretax profit edged down 3.9 per cent YoY to JPY6.59bn from JPY6.96bn while net profit slipped 1.3 per cent to JPY4.5bn from JPY4.56bn over the same period. Sumitomo Osaka Cement Co forecasts a revenue ... |
Taiwan's producers report October results10 November 2020, Published under Cement NewsTaiwan Cement Corp has reported an 8.2 per cent decline in October 2020 revenue to TWD10.29bn (US$360.7m) from TWD11.21bn in the same month of last year. Revenue also fell 6.3 per cent YoY in the January-October period to TWD92.54bn from TWD98.77bn. Elsewhere, Taiwan’s Asia Cement Corp saw October revenue climb 5.9 per cent YoY to TWD7.43bn from TWD7.02bn. However, in the 11M20, revenue slipped 15.3 per cent to TWD62bn from TWD73.23bn. Universal Cement Corp announced a largely-steady rev... |
Taiheiyo reports 14% rise in 1H net profit10 November 2020, Published under Cement NewsJapan-based Taiheiyo Cement Corp saw a 3.2 per cent drop in its revenues to JPY420.63bn (US$4bn) in the first half of the FY20-21 from JPY431.39bn in the 1HFY19-20. However, operating profit increased by 16.3 per cent to JPY26.13bn in the 1HFY20-12 from JPY22.46bn in the year-ago period while pretax profit increased 18.6 per cent to JPY26.64bn from JPY22.47bn over the same period. The company’s net profit advanced 14 per cent YoY to JPY18.46bn from JPY16.20bn. The group expects to achiev... |
From WHRPG to EfW09 November 2020, Published under Cement NewsAs cement plants search for ways to reduce their carbon footprint, waste heat recovery power generation (WHRPG) systems are becoming more popular. The use of biomass also provides potential as an energy-from-waste (EfW) solution to produce electrical power. Developments in WHRPG and biomass/EfW power generation systems are discussed below, including new technologies for energy saving and environmental load reduction. By Kawasaki Heavy Industries Ltd, Japan. Figure 1: flow of a waste h... |
Hsing Ta Cement sees 24% rise in October revenue09 November 2020, Published under Cement NewsTaiwan’s Hsing Ta Cement has recorded a 23.6 per cent YoY rise in revenue in October, increasing to TWD789.78m (US$27.73m) from TWD638.73m in October 2019. In the January-October period, revenue saw a modest dip of 4.1 per cent YoY to TWD6bn from TWD6.26bn. |