Cement News tagged under: Japan

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Japan: Taiheiyo Cement plans 75MW biomass power plant

24 June 2016, Published under Cement News

Japan's Taiheiyo Cement will construct a biomass-fired unit with 75MW in Ofuna Factory, Iwate prefecture. The new unit is understood to burn domestic and imported biomass fuel. At the site, a several power units had been operational, but some of them were damaged when the Great East Japan Earthquake hit the country in 2011. Thus, the new unit is considered as a replacement of the old power unit. Plus, since it will be built on the premises of the factory, Iwate prefecture decided there wou...

Japan: companies turn to recycling

12 May 2016, Published under Cement News

Japan’s cement makers are turning to resource recycling as alternative revenue sources as demand for cement is seen shrinking over the mid- to long term. Japanese demand for cement declined for a second straight year in FY15, dropping 6.3 per cent to 42.66Mt. The upcoming 2020 Tokyo Olympics will be the only anomaly in this otherwise waning market. Taiheiyo Cement is focussing on recovering precious metals and substitute fuels from scrapped automobiles. Taiheiyo Cement is developing a new...

Tokyo Cement recommences clinker imports from Japan

18 March 2016, Published under Cement News

Sri-Lanka based Tokyo Cement Group has recommenced clinker imports from Japan for the exclusive use in its ‘NIPPON-PRO’ cement. Dashantha Udawatte, Group Marketing Manager at Tokyo Cement told Lanka Business Online: “We at Tokyo Cement having identified the demand for a high performance cement tied up with a leading Japanese manufacturer to import clinker with high specifications. Tokyo Cement recently launched the NIPPON-PRO brand to meet the demand of Class 1 contractors who have undertak...

Recognition for Taiheiyo Cement Corp's CSR Report 2015

25 February 2016, Published under Cement News

Taiheiyo Cement Corporation’s CSR Report 2015, published last September, has been awarded the “Excellence prize for special recognition” in the environmental reparation section of the 19th Environmental Communication Awards, sponsored by Japan’s Ministry of the Environment and the Global Environmental Forum. Established in 1997, the Environmental Communication Awards promote efforts in corporate environmental management and environmental communication, and aim to raise the quality of inform...

Sumitomo Osaka 9M operating profit seen rising 11%

26 January 2016, Published under Cement News

Japanese cement producer Sumitomo Osaka Cement likely will report an 11 per cent rise in operating profit of around JPY17bn (US$142m) for the nine months ended in December, as lower coal prices lift profitability. The Nikkei reported that sales are expected to have increased by about two per cent to around JPY176bn as weaker demand in Japan amid a construction shortage was offset by exports to elsewhere in Asia. The company's high shipping costs in the year-earlier period due to probl...

Ssangyong Cement creditors reject Taiheiyo offer

18 December 2015, Published under Cement News

The administration responsible for selling South Korea's Ssangyong Cement is likely to reject an offer made by Japan’s Taiheiyo Cement Corp, Ssangyong’s second-largest shareholder, to acquire all its shares. It was based on the judgment that the Japanese cement maker's offer was intended to obstruct the sale.  "The offer by Taiheiyo to take over all the Ssangyong Cement stake is equivalent to saying Ssangyong must accept its claims of preemption right currently in dispute in the court," c...

Japan: Sumitomo Osaka Cement operating profit seen rising

28 October 2015, Published under Cement News

Japan-based Sumitomo Osaka Cement's group operating profit is expected to jump 13 per cent for the April-September half on rising sales and declining coal prices, according to a Nikkei earnings preview report. The profit of around JPY10bn (US$82.1m) would be a record for the half, surpassing guidance of JPY9.1bn. Sales likely grew three per cent to around JPY115bn, edging above guidance of JPY113bn, according to the newspaper. The report said domestic demand for cement used in public works...

Taiheiyo Cement concludes contract for research into Fukushima agricultural land reclamation

20 October 2015, Published under Cement News

Taiheiyo Cement Corp of Japan has concluded a contract for collaborative research with the Fukushima Future Center for Regional Revitalisation of Fukushima University and commenced research using Minamisoma City as a case study. The goal is to promote research into preserving and utilising agricultural land damaged by the 2011 Earthquake and to respond to the need for regional revitalisation and agricultural recovery through recovering agricultural land by cultivating 'energy crops'...

Taiheiyo Cement selected for second consecutive year for DJSI Asia Pacific

09 October 2015, Published under Cement News

Taiheiyo Cement was selected for the second consecutive year as a component of the Dow Jones Sustainability Asia/Pacific Index (DJSI Asia Pacific) in 2015. This 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 offered cooperatively by the US-based S&PDow Jones Indices and Switzerland-based RobecoSAM, which evaluate the sustainability ...

Sumitomo Osaka Cement reports strong quarterly rise

19 August 2015, Published under Cement News

Japan's Sumitomo Osaka Cement Co Ltd reported a 26.8 per cent YoY rise in operating profit to JPY4.43bn (US$35.7m) over the April-June quarter. Sales during the period climbed to JPY56.78bn, up six per cent over the same quarter of last year. Earnings per share rose to JPY7.68, up from last year's JPY5.69 for the same quarter. The cement producer has announced it is to raise capacity at its Kochi plant in western Japan by some 0.2Mta, with completion scheduled for 2017.