Cement News tagged under: Japan
Sumitomo Osaka records a revenue increase in 9M1712 February 2018, Published under Cement NewsSumitomo Osaka has released its results for the nine-month period ended 31 December 2017. Revenue advanced to JPY181bn (US$166.5bn) from JPY171.1bn seen in the year-ago period. However, operating profit fell from JPY16.4bn to JPY13.7bn, with net profit marking a similar decline to JPY10.63 from JPY12.89bn. In its forecast for the year ending March 2018, the company predicts a total revenue of JPY249bn. Operating profit is expected to finish at 20.5bn, with net profit at JPY14.6bn. |
Taiheiyo Cement sees revenue increase in 9M1708 February 2018, Published under Cement NewsTaiheiyo Cement has reported its financial results for the nine-month period ended 31 December 2017. The group revenue has increased to JPY653.06bn (US$5.95bn) from JPY592.21bn seen in the year-ago period. Similarly, operating profit grew to JPY48.68bn from JPY44.23bn of the 9M16. However, net profit has fallen considerably, finishing at JPY32.53bn in the 9M17 (9M16: JPY57.12bn). The company also released its outlook for the fiscal year period ending March 2018. The group revenue is expec... |
UNTHA expands distribution in Japan20 December 2017, Published under Cement NewsShredding specialist UNTHA continues to expand in Asia, following the agreement of a new distribution partnership with Sun Earth, a leading technology provider in Japan's waste management industry. UNTHA’s Austrian manufactured shredding technology wil now be supplied to a number of sophisticated waste and alternative fuel production facilities throughout Japan. "We want to offer our customers the most advanced waste technologies in the world," commented Yutaka Ebihara, Sun Earth CEO.... |
Taiheiyo Cement reports 35% 1H pretax profit rise09 November 2017, Published under Cement NewsTaiheiyo 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 Index26 September 2017, Published under Cement NewsTaiheiyo 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 market18 April 2017, Published under Cement NewsMitsubishi 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 Port19 January 2017, Published under Cement NewsPacific 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 ways19 December 2016, Published under Cement NewsSince 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 Japan12 December 2016, Published under Cement NewsWith 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 profit08 November 2016, Published under Cement NewsSumitomo 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 ... |