Cement News tagged under: Taiheiyo Cement Corp

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Taiheiyo Cement Corp orders Aumund equipment for new power plant

31 July 2020, Published under Cement News

Taiheiyo 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 Indonesia

24 April 2020, Published under Cement News

PT 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 Kawasaki

10 February 2020, Published under Cement News

Japan’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 president

28 February 2018, Published under Cement News

Taiheiyo 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.

Taiheiyo Cement reports 35% 1H pretax profit rise

09 November 2017, Published under Cement News

Taiheiyo Cement Corp has posted a 11.9 per cent rise in revenues to JPY421.94bn (US$3.72bn) in 1H17 from JPY376.93bn in 1H16. Operating profit during the six months ending 30 September 2017 increased 31.8 percent YoY to JPY27.43bn while pretax profits rose 34.9 per cent from JPY20.81bn in 1H16 to JPY28.07bn in 1H17. However, the Japan-based cement producer’s net profit fell 48.7 per cent from JPY42.1bn to JPY16.93bn over the same period. For the financial year ending March 2018, Taihe...

Ssangyong Cement creditors reject Taiheiyo offer

18 December 2015, Published under Cement News

The administration responsible for selling South Korea's Ssangyong Cement is likely to reject an offer made by Japan’s Taiheiyo Cement Corp, Ssangyong’s second-largest shareholder, to acquire all its shares. It was based on the judgment that the Japanese cement maker's offer was intended to obstruct the sale.  "The offer by Taiheiyo to take over all the Ssangyong Cement stake is equivalent to saying Ssangyong must accept its claims of preemption right currently in dispute in the court," c...

CalPortland Co to buy Martin Marietta's California cement business

06 August 2015, Published under Cement News

Taiheiyo Cement Corp announced Tuesday that its California subsidiary CalPortland Co (CPC) will buy Martin Marietta Materials Inc's cement business in California for US$420m. Major assets included in the deal are the Oro Grande cement plant (situated near the major market of Los Angeles) and the Stockton and San Diego cement terminals. "This asset purchase from Martin Marietta will allow CPC to replace the cement production capacity lost by the discontinuation of cement production ...

Taiheiyo Cement ordered to close Nanjing plant, China

15 August 2013, Published under Cement News

Taiheiyo Cement Corp has been ordered by the Chinese city of Nanjing to close a local production facility by the end of next year due to pollution concerns. Shutting the Nanjing plant would reduce Taiheiyo Cement's Chinese output capacity by 30-40 per cent, The Nikkei reported on Wednesday. Japan's number one cement producer will ask the city to reconsider. If Taiheiyo Cement does not follow the order, the local partner with which it has a joint venture will likely be penalised, with t...

Taiheiyo Cement full-year pretax profit seen beating estimates

09 May 2013, Published under Cement News

Japan’s leading cement producer, Taiheiyo Cement Corp, is expected to have posted a 70 per cent YoY rise in pretax profit for the fiscal year to the end of March 2013. Net profit is expected to have beat forecasts of JPY30.5bn to reach around JPY32bn, according to a Nikkei Report. Sales are believed to have increased by three per cent to approximately JPY750bn while volume grew at least five per cent with shipments to the Tohoku region for earthquake rebuilding topping estimates. Operat...

Taiheiyo's China subsidiary announces new joint venture

17 December 2012, Published under Cement News

Japan's leading cement producer Taiheiyo Cement Corp announced that its Chinese sub sidiary Taiheiyo Cement (China) Investment Corp, has signed a joint venture agreement with Xinjian Tianye (Group) Co in Beijing. Both companies agreed to establish the new venture named Xinjiang Tianye Taihieyo Building Material Co (TTBM) in Xingjiang Uygur Autonomous Prefecture in northwest China. TTBM will produce OPC, blended cement and special cement, such as moderate heat cement. TTBM will utilise quick...