Cement News tagged under: Taiheiyo Cement Corp
Taiheiyo to build new terminal in Philippines22 August 2023, Published under Cement NewsJapan-based Taiheiyo Cement Corp (TCC) will build a new cement terminal in Calaca, Batangas, Philippines, to enable the company to serve the Luzon market from its pant in San Fernando, Cebu. Taiheiyo Cement Philippines Inc (TCPI) will build and operate the planned hub to distribute its Grand-branded cement products, according to TCC President and Representative Director, Masafumi Fushihara. The 0.7Mta project is the next step in serving a market that TCPI has estimated to have increase... |
Taiheiyo’s Jiangnan-Onoda suspends cement business in Nanjing, China01 March 2023, Published under Cement NewsTaiheiyo Cement Corp announced that its consolidated subsidiary Jiangnan-Onoda Cement Co Ltd has decided to suspend the cement manufacturing and sales business in Nanjing City, China. The competitive environment in China has become increasingly challenging due to the technical advances in local capital and the expansion of the scale of its production base. Therefore, Taiheiyo Cement has decided to suspend the operations of Jiangnan-Onoda Cement to focus on the policy set out in the group... |
Cebu cement production on the rise17 February 2023, Published under Cement NewsThe Philippines welcomed a new cement producer to its market this week as Century Peak Cement Manufacturing Corp (CPCMC), a subsidiary of Century Peak Holdings Corp, received a licence to sell cement in the archipelago of Visayas. The new player's entry comes just as the government's affordable housing programme and road transport projects are expected to increase cement demand. The new PHP10.9bn (US$198.8m) Pinamungajan cement plant in Cebu has 1Mta cement capacity. The factory is situated... |
Taiheiyo Cement posts 1Q revenue of JPY177bn09 August 2022, Published under Cement NewsJapanese cement producer Taiheiyo Cement Corp saw a 10.6 per cent increase in group revenue to JPY176.52bn (US$1308.5m) in the 1QFY22-23 when compared with JPY159.61bn in the equivalent period of the previous financial year. Operating profit was down 87.8 per cent from JPY9.92bn in the 1QFY21-22 to JPY1.21bn in the 1QFY22-23 while pretax profit contracted by 79.1 per cent to JPY2.19bn from JPY10.48bn during the same period. The company reported a JPY220m net loss in the 1QFY22-23, comp... |
Taiheiyo signs capital investment agreement in Solusi Bangun Indonesia27 January 2021, Published under Cement NewsPT Solusi Bangun Indonesia Tbk (SMCB), PT Semen Indonesia Industri Bangunan and Japan-based Taiheiyo Cement Corp signed a capital transfer and inclusion agreement and cement sale and purchase master agreement (offtake agreement) on 26 January. The transfer and capital participation agreement reflects the planned capital investment by Taiheiyo in the former Holcim subsidiary through the issuance of new shares with the right to pre-order securities (HMETD) or rights issue. "The implementatio... |
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... |
Taiheiyo Cement Corp orders Aumund equipment for new power plant31 July 2020, Published under Cement NewsTaiheiyo Cement Corp, Japan’s largest cement producer, has started its new biomass and coal power plant in Ofunato. Until now conveying of biomass in Japan has been dominated by domestic manufacturers, but the Aumund Hong Kong team successfully convinced its customer of the merits of the conveying technology solutions offered by Aumund for both of these types of fuel. Taiheiyo Engineering Corp ordered three Aumund bucket elevators and an Aumund drag chain conveyor. The customer chose two i... |
Taiheiyo Cement Corp signs MoU with Solusi Bangun Indonesia24 April 2020, Published under Cement NewsPT Semen Indonesia Tbk (SMGR), together with its affiliate PT Solusi Bangun Indonesia Tbk (SMCB), signed a memorandum of understanding (MoU) with Taiheiyo Cement Corp (TCC) on 21 April 2020. The initial agreement is to carry out investment and strategic cooperation between the parties. It includes an investment plan by TCC in SMCB, an agreement on exports to TCC and a partnership plan with TCC. The investment referred to in the MoU is related to the TCC's plan to make an investment in SMCB ... |
Taiheiyo Cement Corp orders WHR unit from Kawasaki10 February 2020, Published under Cement NewsJapan’s Taiheiyo Cement Corp has ordered a waste heat recovery (WHR) plant from Kawasaki Heavy Industries. The 8MW unit will be delivered to the company’s Saitama facility and is expected to begin operations in September 2022. Kawasaki will handle overall plant design, equipment supply, installation and commissioning advisory services, according to a press release. Its VEGA boiler will also be used for the first time in Japan as the unit’s heat recovery steam generator. Upon completion of ... |
Taiheiyo Cement appoints new president28 February 2018, Published under Cement NewsTaiheiyo Cement Corp has appointed Masafumi Fushihara as president and representative director, effective from 1 April 2018. Mr Fushihara is presently working within the company as Senior General Manager of the Cement Business Division Department. The current president, Shuji Fukuda, will become chairman of the business. |