Cement News tagged under: North Asia

RSS feed

BMH Technology wins high-capacity waste shredding order

23 April 2021, Published under Cement News

BMH Technology Oy will supply three waste shredding lines to SsangYong C&E's plants in Donghae and YeongWol, South Korea. The lines will produce high-quality solid recovered fuel (SRF) to kilns and boilers used in cement production.   Each line includes a TYRANNOSAURUS ® FineScreen and air classifier for separating impurities. Altogether, the delivery contains five high-capacity TYRANNOSAURUS FineShredders. Donghae will be one of the world’s largest SRF shredding plants producing alt...

Taiheiyo Cement Corp to work with Carbon Clean on carbon capture plant

21 April 2021, Published under Cement News

Japanese cement producer Taiheiyo Cement Corp will implement technology for CO 2  capture from the flue gas of rotary cement kilns in the first, 10tpd demonstration plant in Japan. For this purpose, Taiheiyo Cement has selected the technology for CO 2 chemical absorption supplied by UK-based Carbon Clean, which has been awarded by Marubeni Protechs Corp (Marubeni Protechs) in Japan. This technology will be installed at Taiheiyo Cement's plant in Kumagaya City, Saitama, and demonstr...

A change in direction for Taiwanese cement producers

01 April 2021, Published under Cement News

Taiwan's cement sector saw tremendous growth in 2020, after the country acted rapidly and very successfully to contain the COVID-19 pandemic. Cement consumption rose from 9.48Mt in 2019 to 10.07Mt in 2020, a rise of 6.2 per cent, according to data released by the Taiwan Cement Manufacturers' Association. Cement consumption previously exceeded 10Mt in 2015, when it peaked at 10.6Mt. It fell to 8.88Mt in 2017 before recovering to its current level, and in 2021 it is forecast to reach 10.36Mt,...

West China Cement sees sales volumes rise 3%

30 March 2021, Published under Cement News

West China Cement has seen its attributable profit decrease 13.4 per cent YoY to CNY1560m (US$237.48m) in 2020, compared with CNY1801.3m in the previous year. Revenue was down 1.6 per cent YoY to CNY7131m from CNY7247m in 2019, while EBITDA fell 3.3 per cent to CNY2997m. However, total cement and clinker sales volumes rose 3.1 per cent YoY to 19.9Mt from 19.3Mt. Cement volumes improved 4.3 per cent to 19.6Mt.

Taiwan Cement reports company revenue of TWD114.36bn in FY20

23 March 2021, Published under Cement News

Taiwan Cement has announced its consolidated financial results for the year ended 31December 2020, as compared to the corresponding period of last fiscal year.   Company r evenue amounted to TWD114.36bn (US$4.02bn) and the gross profit margin totalled 32.9 per cent compared to 29.3 per cent in FY19.  Operating income was TWD31.34bn and net income was TWD25.09bn, an increase of 3.7 per cent. Edward Huang, senior vice president, said: "In 2020 Taiwan Cement made achievements i...

Huaxin Cement Xiangyang Co Ltd invests CNY1.5bn in building materials industrial park

22 March 2021, Published under Cement News

This year, Huaxin Cement Xiangyang Co Ltd is investing an additional CNY1.5bn (US$230.6m), in its original cement building materials project.   Huaxin Xiangyang Building Materials Industrial Park will see the construction of an active calcium production project and a fine sand project over the next three years. The first phase of the 'Commercial-Concrete Integration' project will invest CNY40m to build a concrete production line with an annual capacity of 1Mm 3 . It is planned to be c...

Tangshan Jidong Cement reports 3% rise in income

18 March 2021, Published under Cement News

China’s Tangshan Jidong Cement has reported a 2.8 per cent YoY increase in operating income to CNY35.48bn (US$5.46m) for 2020, compared to CNY34.51bn in the previous year. Net profit attributable to shareholders also increased 5.5 per cent to CNY2.85bn from CNY2.7bn in 2019.

China Resources Cement reports 4% profit increase

16 March 2021, Published under Cement News

China Resources Cement has seen its profit attributable to owners rise four per cent YoY to HKD8.96bn (US$1.15bn) for 2020. The company also posted a turnover of HKD40.09bn in 2020, up 2.9 per cent YoY. Basic earnings per share reached HKD1.283, while a final dividend of HKD0.34 is expected to be distributed.

China’s path to green growth

15 March 2021, Published under Cement News

It’s been almost 25 years since Changming Gao, senior consultant of FLSmidth (Beijing) Co Ltd, proposed the ‘Four-Zero and One-Negative’ sustainable development strategy. Since then, continuous improvements and innovation have enabled the cement industry in China to make considerable progress along the green growth track. By Changming Gao, FLSmidth (Beijing) Co Ltd, China. Major Chinese producers such as Huaxin Cement (pictured) have taken the lead in driving the domestic cement in...

Taiwanese manufacturers report mixed start to 2021

10 March 2021, Published under Cement News

Taiwan’s Lucky Cement has seen a 28.5 per cent fall in revenue to TWD279.07m (US$9.85m) in February 2021, compared to TWD390.29m in the year-ago period. In the first two months of the year, revenue advanced 1.4 per cent YoY to TWD696.4m from TWD686.68m. Elsewhere, Hsing Ta Cement reported a 4.7 per cent YoY decline in revenue to TWD190.34m from TWD199.78m in February 2020. However, revenue surged 37.4 per cent YoY to TWD929.57m in the 2M20. Chia Hsin Cement has seen a 3.8 per cent YoY dro...