Cement News tagged under: Taiheiyo Cement
Taiheiyo Cement plans Indonesian exports to US10 October 2024, Published under Cement NewsTaiheiyo Cement plans to export up to 1Mta of cement to the USA from Indonesia by expanding capacity in the southeast Asian country. It also wants to capture infrastructure-related demand on Southeast Asia by increasing production capacity in the Philippines. The initiative follows the company’s decision to look to other markets after exiting China in 2023. The company has already added export facilities to the PT Solusi Bangun Indonesian Tbk ( in which Taiheiyo Cement bought a 15 per ... |
Taiheiyo Cement Corporation’s Carbofix blocks adopted for public works05 September 2024, Published under Cement NewsRoadway interlocking concrete blocks and property boundary concrete blocks, both made from Taiheiyo Cement Group ’s CARBOFIX ® cement, have been adopted for a municipal public works project of Fukaya City, Saitama, Japan. This marks the first time that a poured-in concrete product made of CARBOFIX cement has been put in practical use. The CARBOFIX cement has reduced the amount of CO 2 emissions from this project by about 330kg compared to using ordinary cement. The roadway interlock... |
Seven companies to work on Japanese advanced CCS projects04 September 2024, Published under Cement NewsTaiheiyo Cement Corp , ITOCHU Corp, Nippon Steel Corp, Mitsubishi Heavy Industries Ltd, INPEX Corp, Taisei Corp and ITOCHU Oil Exploration Co Ltd were selected by the Japan Organisation for Metals and Energy Security (JOGMEC) to conduct engineering design work for Japanese advanced CCS projects. The Japanese government has chosen CCS as an important means for decarbonisation that must be fully harnessed, especially in hard-to-abate industries such as cement if Japan is to achieve the tw... |
Meeting the low-cost NOx reduction challenge19 August 2024, Published under Cement NewsIn anticipation of stricter future emissions regulations, Taiheiyo Engineering Corp has been developing various cement kiln NO x reduction technologies. The most recent breakthrough combines the company’s new NO x reduction technology with selective non-catalytic reduction to achieve significant reduction rates at low cost. By Toshiaki Hirose, Taiheiyo Engineering Corp, Japan Taiheiyo Engineering Corp has continued to develop its NOx reduction technology to support cement compani... |
Taiheiyo Cement joins Japanese CCS value chain study03 August 2023, Published under Cement NewsTaiheiyo Cement Corp has joined six other companies in a feasibility study into the use of advanced carbon capture and storage (CCS) in Japan. The study forms part of Japan’s Ministry of Economy, Trade and Industry’s goal to harness CCS, particularly in hard-to-abate industries, to help reach the government’s targets of a 46 per cent reduction in greenhouse gas emissions (compared to FY13) by FY30, and carbon neutrality by 2050. The study was initially launched in January this year wit... |
Sustainability-linked loans gain momentum in the cement industry16 June 2023, Published under Cement NewsThis week JSW Cement announced that it was signing a new loan agreement that would be sustainability-linked to raise US$50m in debt capital to help achieve its 50Mta production capacity goal. While this is not JSW Cement's first such loan, ICR looks at the growing trend for committing to sustainability loans in the cement sector, and what they really offer for the environment and shareholders. Sustainability-linked bonds (SLBs) and sustainability-linked loans (SLL) have become increasing... |
Taiheiyo Cement secures Japan's first transition-linked loan10 March 2023, Published under Cement NewsTaiheiyo Cement Corp has raised capital from the Development Bank of Japan Inc through a transition-linked loan, marking the first time transition finance has been secured by the cement industry in Japan. According to the company, transition-linked loans are a financing framework designed to support companies working to reduce greenhouse gases in line with strategy, linking the borrower’s performance against predetermined Sustainability Performance Targets (SPTs) with the terms of the loan... |
Taiheiyo Cement posts 11% rise in sales14 November 2022, Published under Cement NewsJapan’s Taiheiyo Cement Corp has posted consolidated net sales of JPY375,982m (US$2697m) in the six months ended 30 September 2022, marking a 10.6 per cent advance YoY. Operating profit over the same period has fallen from JPY25,812m to a loss of JPY313m, while basic earnings per share have contracted from JPY163.92 in the quarter ended 30 September 2021 to -JPY140.58 in the same period this year. |
Taiheiyo Cement to acquire Denka cement business27 October 2022, Published under Cement NewsTaiheiyo Cement Corp is reportedly acquiring the cement business of Denka Co Ltd in March 2023. Denka has decided to exit the cement sector due to rising production costs. The company operates one integrated cement plant with 2.69Mta of cement capacity in Omi , Niigata, Japan. According to research company Nomura, Denka currently has a thee per cent share of the Japanese cement market, but demand there is falling. The company has already lowered its fiscal-year earnings guidance, for... |
Taiheiyo Cement posts 6% net profit rise12 November 2021, Published under Cement NewsJapan’s Taiheiyo Cement has seen a 19.2 per cent YoY decline in revenue to JPY339.8bn (US$2.98bn) in the first half of the FY21-22 ended 30 September, compared to JPY420.63bn in the year-ago period. However, net profit rose 5.6 per cent to JPY19.49bn from JPY18.46bn in the 1HFY20-21. |