Cement News tagged under: North Asia
South Korea's cement producers plan 18% price rise05 January 2022, Published under Cement NewsMajor cement manufacturers in South Korea will be implementing a further rise in wholesale prices as the construction industry in the Asian country gathers pace, according to Maeil Business Newspaper. This follows a 5.1 per cent price rise from KRW75,000 (US$62.63)/t in July 2021, the second rise in a year following a price freeze since 2014. Ssangyong C&E has decided to lift the price of its first-class bulk cement to KRW93,000/t from February, representing an 18 per cent hike when compare... |
New cement plant for Yuzhnaya on Sakhalin21 December 2021, Published under Cement NewsThe Sakhalin Oblast Development Corp is planning the construction of a cement plant in Smirnykhovsky District in the Yuzhnaya priority development area (PDA) and has agreed to the financial and economic justification, according to Esmerk Russian News. The volume of private investment in the plant is estimated at RUB8bn (US$112.2m). The name of the investor has not been disclosed but they expect to receive the status of resident of the PDA. The plant is expected to be commissioned by 2025... |
Shanghai Yicheng Juxin Construction Technology joins WCA13 December 2021, Published under Cement NewsThe World Cement Association (WCA) announced today that global innovative technology services corporation Shanghai Yicheng Juxin Construction Technology Co Ltd has joined as an associate corporate member. The Chinese organisation is a specialised construction technology firm providing advanced materials, green and low carbon technology, and professional design to construction companies. “The journey towards decarbonisation is hard but not unachievable, so long as we work togeth... |
Taiwan's cement producers announce November results10 December 2021, Published under Cement NewsTaiwan Cement has posted a 1.5 per cent YoY decline in November revenue to TWD9.75bn (US$351.94m) against TWD9.9bn in the year-ago period. In the first 11 months of 2021, revenue stayed largely consistent at TWD96.22bn from TWD95.81bn. Asia Cement saw revenue up 13.4 per cent to TWD8.99bn from TWD7.92bn in November 2020, while revenue in the 11M21 climbed 14.8 per cent YoY to TWD80.25bn. Elsewhere, Chia Hsin Cement reported a 5.3 per cent YoY increase in revenue to TWD197.77m in November ... |
Hsing Ta Cement sees 9% revenue increase09 December 2021, Published under Cement NewsTaiwan’s Hsing Ta Cement has posted an 8.7 per cent YoY rise in revenue to TWD781.72m (US$28.2m) in November, increasing from TWD719.1m in the year-ago period. In the first 11 months of the year, revenue was down 1.8 per cent YoY to TWD6.6bn from TWD6.72bn. |
Asia Cement Corp and RWE to collaborate on more offshore wind projects07 December 2021, Published under Cement NewsTaiwan’s Asia Cement Corp (ACC) and RWE, which are both developing the 448MW Chu Feng offshore wind project, are now set to expand their strategic partnership to include further projects off the coast of Taiwan. They are expected to investigate several new projects in the waters of Hsinchu, Taichung and Changhua, with some of these sites having water depths that are suitable for floating offshore wind. Jens Orfelt, RWE Renewables APAC president for offshore wind, said: “RWE is strongly com... |
CNPC begins 2.5Mta plant construction03 December 2021, Published under Cement NewsChina’s CNPC has reportedly started construction of a US$200m plant in Uzbekistan’s Tashkent region. The facility is expected to produce 2.5Mta of cement. CNPC has already imported more than 40 machines and equipment worth US$16.7m into Uzbekistan for the project. |
FCT forms alliance in China and opens new office03 December 2021, Published under Cement NewsFCT Combustion has created a formal alliance with Enelco Environmental Technology Co (EETC), a leading supplier of air pollution control equipment systems for the utilities, pulp and paper, steel and related industries. The companies are joining forces to support the Chinese steel, cement, glass and other industries with innovative combustion equipment solutions to ensure production safety, conserve energy and control emissions. The joint office is based in Nanjing, with an a... |
Fujian Cement Co announces energy-saving projects01 December 2021, Published under Cement NewsFujian Cement Co Ltd has announced new projects for the Yongan Jianfu and Ansha Jianfu 4500tpd production lines. The energy-saving projects represent a total investment of CNY247.4m (US$38.84m). The plans are expected to see the renovation of the old systems at the existing operations of Yongan Jianfu and Ansha Jianfu, without additional land acquisition. A set of Ф200-180 roller press grinding systems for raw material will be added to each of the two plants to replace the original vertical... |
Universal Cement sees 12% increase in revenue15 November 2021, Published under Cement NewsTaiwan’s Universal Cement has announced a 12.2 per cent YoY increase in revenue to TWD1.45bn (US$52.32m) in the third quarter of 2021, compared to TWD1.29bn in the comparable period of last year. However, its net profit declined 50.5 per cent to TWD194m from TWD392.1m in the 3Q20. |