Cement News tagged under: North Asia
Sumitomo Osaka sees 6% fall in 1H revenue11 November 2020, Published under Cement NewsJapanese cement producer Sumitomo Osaka Cement Co posted a 6.4 per cent fall in its 1H revenue ended 30 September 2020 to JPY112.12bn from JPY119.84m in the 1HFY20-21. Operation profit slipped 5.3 per cent to JPY6.02bn in the first six months of FY20-21 from JPY6.3bn in the year-ago period. Pretax profit edged down 3.9 per cent YoY to JPY6.59bn from JPY6.96bn while net profit slipped 1.3 per cent to JPY4.5bn from JPY4.56bn over the same period. Sumitomo Osaka Cement Co forecasts a revenue ... |
Taiwan's producers report October results10 November 2020, Published under Cement NewsTaiwan Cement Corp has reported an 8.2 per cent decline in October 2020 revenue to TWD10.29bn (US$360.7m) from TWD11.21bn in the same month of last year. Revenue also fell 6.3 per cent YoY in the January-October period to TWD92.54bn from TWD98.77bn. Elsewhere, Taiwan’s Asia Cement Corp saw October revenue climb 5.9 per cent YoY to TWD7.43bn from TWD7.02bn. However, in the 11M20, revenue slipped 15.3 per cent to TWD62bn from TWD73.23bn. Universal Cement Corp announced a largely-steady rev... |
Taiheiyo reports 14% rise in 1H net profit10 November 2020, Published under Cement NewsJapan-based Taiheiyo Cement Corp saw a 3.2 per cent drop in its revenues to JPY420.63bn (US$4bn) in the first half of the FY20-21 from JPY431.39bn in the 1HFY19-20. However, operating profit increased by 16.3 per cent to JPY26.13bn in the 1HFY20-12 from JPY22.46bn in the year-ago period while pretax profit increased 18.6 per cent to JPY26.64bn from JPY22.47bn over the same period. The company’s net profit advanced 14 per cent YoY to JPY18.46bn from JPY16.20bn. The group expects to achiev... |
From WHRPG to EfW09 November 2020, Published under Cement NewsAs cement plants search for ways to reduce their carbon footprint, waste heat recovery power generation (WHRPG) systems are becoming more popular. The use of biomass also provides potential as an energy-from-waste (EfW) solution to produce electrical power. Developments in WHRPG and biomass/EfW power generation systems are discussed below, including new technologies for energy saving and environmental load reduction. By Kawasaki Heavy Industries Ltd, Japan. Figure 1: flow of a waste h... |
Hsing Ta Cement sees 24% rise in October revenue09 November 2020, Published under Cement NewsTaiwan’s Hsing Ta Cement has recorded a 23.6 per cent YoY rise in revenue in October, increasing to TWD789.78m (US$27.73m) from TWD638.73m in October 2019. In the January-October period, revenue saw a modest dip of 4.1 per cent YoY to TWD6bn from TWD6.26bn. |
China Shanshui Cement sees operating revenue decline 5%27 October 2020, Published under Cement NewsChina Shanshui Cement has seen its profit attributable to shareholders decline 6.7 per cent YoY to CNY2.33bn (US$346.97m) for the nine months ended 30 September 2020. Operating revenue also decreased 4.6 per cent YoY to CNY15.31bn in the 9M20. |
Taiwanese manufacturers report 9M20 results12 October 2020, Published under Cement NewsTaiwan Cement Corp has seen a 3.7 per cent YoY fall in September revenue to TWD9.75bn (US$340.96m) from TWD10.12bn in the same month last year. In the first nine months of 2020, revenue declined 6.1 per cent to TWD82.25bn from TWD87.56bn. Elsewhere, Lucky Cement saw its September revenue advance 21.9 per cent YoY to TWD380.77m from TWD312.44m in the year-ago period. In the 9M20, revenue climbed 26.3 per cent YoY to TWD3.36bn from TWD2.66bn. |
Universal Cement Corp sees 9% rise in revenue in 9M2008 October 2020, Published under Cement NewsTaiwan’s Universal Cement Corp saw a 15.3 per cent YoY rise in revenue in September 2020 to TWD450.89m (US$15.73m) from TWD391.2m in the same month last year. In the first nine months of 2020, revenue increased 9.4 per cent to TWD3.89bn from TWD3.55bn. |
Anhui Conch works with China Telecom and Huawei to roll out 5G smart plant05 October 2020, Published under Cement NewsA 5G end-to-end smart factory system developed by China Telecom and Huawei is enabling Anhui Conch to reduce its energy consumption and increased its productivity, resource utilisation and profitability, according to Conch Group Deputy General Manager, Hé Chengfa. It has taken two years to develop and implement the smart factory concept, with the first going into production in Chuzhou, Anhui province. "The cement factory has been transformed into a smart factory end-to-end," said Mr Hé... |
West China Cement provides update on cement project28 September 2020, Published under Cement NewsFollowing West China Cement’s acquisition of 97.5 per cent of equity interest in Kangding Paomashan Cement Ltd in July 2020, it has now provided an update on the cement project. As such, Kangding Paomashan’s new 1.5Mta plant has completed construction and is ready for commercial production. West China Cement estimates the annual revenue of the company to be in the range of CNY518-541m (U$75.9-79.3m) based on the relevant prevailing market price in July 2020. |