Cement News tagged under: Japan

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Taiheiyo Cement reports 35% 1H pretax profit rise

09 November 2017, Published under Cement News

Taiheiyo Cement Corp has posted a 11.9 per cent rise in revenues to JPY421.94bn (US$3.72bn) in 1H17 from JPY376.93bn in 1H16. Operating profit during the six months ending 30 September 2017 increased 31.8 percent YoY to JPY27.43bn while pretax profits rose 34.9 per cent from JPY20.81bn in 1H16 to JPY28.07bn in 1H17. However, the Japan-based cement producer’s net profit fell 48.7 per cent from JPY42.1bn to JPY16.93bn over the same period. For the financial year ending March 2018, Taihe...

Taiheiyo selected to Dow Jones Sustainability Asia Pacific Index

26 September 2017, Published under Cement News

Taiheiyo Cement was selected for the fourth consecutive year as a component of the Dow Jones Sustainability Asia/Pacific Index (DJSI Asia Pacific) in 2017. The index is the Asia Pacific version of the Dow Jones Sustainability Indices (DJSI) and serves as one of the key benchmarks for socially-responsible investment. The DJSI are the investment indices developed and provided cooperatively by the US-based S&P Dow Jones Indices and Switzerland-based RobecoSAM, which evaluate the sustaina...

Mitsubishi Materials withdraws from China market

18 April 2017, Published under Cement News

Mitsubishi Cement plans to pull out of the Chinese cement market as tighter environmental regulations take their toll and the supply glut hurts the company’s profitability, according to Nikkei Report. The Japanese nonferrous materials maker signed an agreement on 30 March to sell a cement company in Shandong Province for an undisclosed sum to an affiliate of state-run cement giant China National Building Material. Mitsubishi Materials holds a 66.67 per cent stake in the Shandong compan...

Fiji: Japanese clinker arrives at Suva Port

19 January 2017, Published under Cement News

Pacific Basin's bulk carrier Port Botany from Japan arrived in Suva Port in Fiji yesteday ahead of its job of unloading 26,000t of clinker. The vessel will discharge its clinker load over the next six days. "The discharging will start soon after Custom Officers have checked teh vessel," said Mr Sowani Tuidrola of Pacific Basin. Mr Tuidrola confirmed that the order was sent by Mitsubishi Cement Co in Japan. A barge is standing by at Lami Bay ready to take the clinker. "The clinker w...

Japan: finding new ways

19 December 2016, Published under Cement News

Since the last decade of the 20th century, Japan has been stuck in a deflationary economic spiral, but now a fragile growth is emerging. While the country finds new ways to prosper and can look forward to hosting the Olympic Games in 2020, public investment is not expected to provide the fast track to prosperity. Cement producers will find most support in private investment and exports, which are resuming their upward trajectory. As it upgrades its transport network, replacing one pio...

Going alternative in Japan

12 December 2016, Published under Cement News

With Japanese cement demand falling over the past 20 years, Sumitomo Osaka Cement has constantly evolved its cement manufacturing processes. As a result, the company’s Ako integrated cement plant stepped up its use of alternative fuels and raw materials as part of its efforts to reduce costs and the impact of plant emissions. By Tetsuo Yokobori, Sumitomo Osaka Cement, Japan. Sumitomo Osaka Cement has carried out many improvements at its Ako plant, Japan Sumitomo Osaka Cement (SO...

Sumitomo Osaka Cement reports 4.4% rise in 1H net profit

08 November 2016, Published under Cement News

Sumitomo Osaka Cement Co saw a 4.5 per cent YoY fall in revenues from JPY115.65bn (US$1.11bn) to JPY110.44bn in the first half ended 30 September 2016. While its pretax profit also decreased over the one-year period, from JPY11.25bn to JPY10.43bn, the company was able to report a 4.4 per cent YoY rise in net profit from JPY7.67bn  to JPY8.01bn in April-September 2016. For the full-year 2016, Sumitomo expects to achieve revenues of JPY230bn while pretax profit is forecast at JPY22.5bn ...

Sumitomo Osaka 1.4Mt coal consumption in 2015

02 September 2016, Published under Cement News

Japanese cement manufacturer Sumitomo Osaka Cement reported that it had consumed 1.41Mt of coal for the fiscal year 2015 (year end 31 March 2016). This figure is a 2.7 per cent YoY decrease from the fiscal year 2014, when consumption reached 1.44Mt. Petcoke consumption for the same period was 0.1Mt, up 19 per cent from 0.08Mt from fiscal year 2014.

Tokyo Cement Ube Industries deal

10 August 2016, Published under Cement News

Tokyo Cement Group (Lanka) Plc has signed a deal on 1 August with Japanese company Ube Industries Ltd, for the import of raw materials and technical support to produce cement. In a statement Tokyo Cement said: “Tokyo Cement Group has entered into a collaborative agreement with Ube Industries Ltd of Japan for technical support services and import part of their raw materials requirement from Japan to manufacture high-quality cement.” Ube Industries operates in five business segments - ce...

Japan: Taiheiyo Cement to set up subsidiary for biomass plant

01 August 2016, Published under Cement News

Taiheiyo Cement will spend JPY23.5bn (US$224m) to set up a biomass power plant at a cement production site in Ofunato, Iwate prefecture, Japan. An electricity-wholesaling subsidiary with a capitalisation of JPY4bn will be created this August to undertake the project, reports Nikkei Asian review. The 75,000kW facility will be fed with palm kernel shells and empty fruit bunches left over from palm oil production and will begin operation in the autumn of 2019. All output will be sold to eRex,...