Cement News tagged under: Japan
Reconstruction efforts to boost operating profit, Japan11 May 2012, Published under Cement NewsTaiheiyo Cement Corp and Sumitomo Osaka Cement are both expected to post their highest operating profit in five years in fiscal 2012 due to reconstruction demand from the March 2011 disaster, according to reports from the Nikkei. Taiheiyo Cement, the domestic leader, is expected to post a profit of JPY37bn for the year to March 2013, while Sumitomo Osaka Cement is expected to report roughly JPY10bn. Domestic cement demand is projected to grow 1% to 43Mt this fiscal year, its second consec... |
Taiheiyo Cement recycles waste into profits24 April 2012, Published under Cement NewsTaiheiyo Cement Corp is boosting its bottom line in an efficient and ecological way by recycling industrial waste into materials for making cement. In the year ended March 2011, Taiheiyo used 395kg of waste for every tonne of cement it produced. The firm could lift its bottom line further by increasing the amount of waste it uses. As part of its efforts to expand its recycling operations, Taiheiyo is now expanding the Kamiiso plant's capacity to deal with waste. It is also installing equ... |
Taiheiyo Cement’s operating FY14 target, Japan19 March 2012, Published under Cement NewsJapan’s Taheiyo Cement plans to increase group operating profit by around JPY50bn (US$598.8m) in fiscal year 2014 (FY14), an increase of 90 per cent on its projection for the year ending March 31. The Nikkei reports that the target will be included in a forthcoming business plan that runs through the year ending March 2015. The projections are based on total domestic demand rising four per cent to 43Mt in fiscal 2014. Japan’s leading cement producer anticipates a 2Mta boost from earthquake ... |
Morgan Stanley raises Japanese cement sector rating08 February 2012, Published under Cement NewsMorgan Stanley MUFJ Securities has set the Japanese cement sector’s rating to “attractive” – the highest ranking on its three-tier scale. According to a Nikkei report, analysts at the brokerage wrote that profits at cement firms will rise in line with their on-going efforts to cut costs. Higher prices, an increasing balanced supply and demand ratio and rising demand related to earthquake reconstruction efforts will also support the industry. The house also said that investors have unde... |
Japan reconstruction efforts boost Taiheiyo operating profit23 January 2012, Published under Cement NewsAs reconstruction efforts for the Great East Japan Earthquake get underway, local producers are starting to receive a boost, the The Nikkei reports. Cement sale in the quake-struck Tohoku region increased by 10 per cent YoY last month. Taiheiyo shipments to the region rose by 10 per cent in December on the back of emergency infrastructure. The company’s operating profit is likely to more than double YoY to JPY20bn for the April-December period. For the full-year, ending 31 March 2011... |