Taiwan Cement eyes third spot, China

Taiwan Cement  eyes third spot, China
20 April 2005

Taiwan Cement Corp is aiming to become China’s third-largest cement maker by 2008, the Commercial Times reported, citing chairman Leslie Koo.

The company is intending to place greater emphasis on the southern part of the mainland so as to secure a predominant role there, he said. There is still room for expansion as southern China still needs 110Mta of cement, he added.

Due to its continuous expansion on the mainland over the years, Taiwan Cement’s output on the mainland in 2005 – about 10-11Mt – is expected to match that in Taiwan for the first time, he added.

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