Cement News tagged under: Taiheiyo Cement
Taiheiyo to increase Philippine capacity25 June 2018, Published under Cement NewsTaiheiyo has allocated PHP3.5bn for a new cement line in San Fernando, Cebu. At present the works produces 7350tpd and the project aims to raise output potential to 16,350tpd by the end of next year. Romeo Gebilaguin, Taiheiyo's environment and safety manager, said that as demand for cement grows, the plant has to double its production capacity. "We will be needing additional manpower by then, hire more workers. This will give job opportunities to Cebu with six per cent of them coming fro... |
Taiheiyo Cement reports 9% revenue increase10 May 2018, Published under Cement NewsTaiheiyo Cement has seen its revenues advance by 9.1 per cent to JPY871.11bn in FY17-18 from JPY798.59bn in the previous financial year. The company’s operating profit rose three per cent from JPY63.24bn to JPY65.13bn over the same period while pretax profit increased 7.6 per cent from JPY59.8bn to JPY64.37bn. Net profit dropped 19.1 per cent to JPY38.53bn in FY17-18 from JPY47.6bn the previous year. |
Taiheiyo Cement sees revenue increase in 9M1708 February 2018, Published under Cement NewsTaiheiyo Cement has reported its financial results for the nine-month period ended 31 December 2017. The group revenue has increased to JPY653.06bn (US$5.95bn) from JPY592.21bn seen in the year-ago period. Similarly, operating profit grew to JPY48.68bn from JPY44.23bn of the 9M16. However, net profit has fallen considerably, finishing at JPY32.53bn in the 9M17 (9M16: JPY57.12bn). The company also released its outlook for the fiscal year period ending March 2018. The group revenue is expec... |
Taiheiyo selected to Dow Jones Sustainability Asia Pacific Index26 September 2017, Published under Cement NewsTaiheiyo Cement was selected for the fourth consecutive year as a component of the Dow Jones Sustainability Asia/Pacific Index (DJSI Asia Pacific) in 2017. The index is the Asia Pacific version of the Dow Jones Sustainability Indices (DJSI) and serves as one of the key benchmarks for socially-responsible investment. The DJSI are the investment indices developed and provided cooperatively by the US-based S&P Dow Jones Indices and Switzerland-based RobecoSAM, which evaluate the sustaina... |
Japan: finding new ways19 December 2016, Published under Cement NewsSince the last decade of the 20th century, Japan has been stuck in a deflationary economic spiral, but now a fragile growth is emerging. While the country finds new ways to prosper and can look forward to hosting the Olympic Games in 2020, public investment is not expected to provide the fast track to prosperity. Cement producers will find most support in private investment and exports, which are resuming their upward trajectory. As it upgrades its transport network, replacing one pio... |
Philippines: Taiheiyo contributes to National Greening Programme25 November 2016, Published under Cement NewsEmployees from Taiheiyo Cement Philippines Inc and Solid Earth Development Corp planted 5350 seedlings across different sites in San Fernando in support of the National Greening Programme (NGP). Taiheiyo Philippines plant manager and senior vice president for operations, Kazuhiko Ichizawa, and Kazuhiko Soma, operations division manager, led 30 employees in the tree-planting activity that was conducted under the Environment Protection and Enhancement Programme (EPEP) started by Taiheiyo an... |
Visible cracks10 October 2016, Published under Cement NewsOver the last 18 months CDP has analysed sectors ranging from electric utilities and automotive manufacturing to extractives and has benchmarked how leading players manage climate risks and opportunities. In June it was the turn of the cement sector, as CDP published ‘Visible Cracks’, its first report for investors on the global cement industry. This publication revealed how differently companies in the sector are preparing for the transition to a low-carbon economy. By Tarek Soliman and Cha... |
Japan: Taiheiyo Cement to set up subsidiary for biomass plant01 August 2016, Published under Cement NewsTaiheiyo Cement will spend JPY23.5bn (US$224m) to set up a biomass power plant at a cement production site in Ofunato, Iwate prefecture, Japan. An electricity-wholesaling subsidiary with a capitalisation of JPY4bn will be created this August to undertake the project, reports Nikkei Asian review. The 75,000kW facility will be fed with palm kernel shells and empty fruit bunches left over from palm oil production and will begin operation in the autumn of 2019. All output will be sold to eRex,... |
Japan: Taiheiyo Cement plans 75MW biomass power plant24 June 2016, Published under Cement NewsJapan's Taiheiyo Cement will construct a biomass-fired unit with 75MW in Ofuna Factory, Iwate prefecture. The new unit is understood to burn domestic and imported biomass fuel. At the site, a several power units had been operational, but some of them were damaged when the Great East Japan Earthquake hit the country in 2011. Thus, the new unit is considered as a replacement of the old power unit. Plus, since it will be built on the premises of the factory, Iwate prefecture decided there wou... |
Japan: companies turn to recycling12 May 2016, Published under Cement NewsJapan’s cement makers are turning to resource recycling as alternative revenue sources as demand for cement is seen shrinking over the mid- to long term. Japanese demand for cement declined for a second straight year in FY15, dropping 6.3 per cent to 42.66Mt. The upcoming 2020 Tokyo Olympics will be the only anomaly in this otherwise waning market. Taiheiyo Cement is focussing on recovering precious metals and substitute fuels from scrapped automobiles. Taiheiyo Cement is developing a new... |