Cement News tagged under: Taiwan Cement

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Taiwan Cement posts 19% increase in 8M revenues

13 September 2022, Published under Cement News

Taiwan Cement saw a 19.2 per cent advance in revenues to TWD10,689.86m (US$345.9m) in August 2022 from TWD8966.476m in August 2021. In the first eight months of 2022 total revenue edged up 2.5 per cent to TWD68,937.1m from TWD67,307.8m in the 8M21.

Taiwan Cement reports 21% hike in July revenue

11 August 2022, Published under Cement News

Taiwan Cement has posted a revenue of TWD10,102.468m (US$336.3m) in July 2022, ,up 21.4 per cent when compared with TWD8,319.972m, , according to a filing on the Taiwan Stock Exchange. In the first seven months of 2022, revenues slipped 0.2 per cent to TWD58,247.2m from TWD58,343.336m in the 7M21.

Taiwan Cement orders more battery power storage

07 June 2022, Published under Cement News

NHOA SA, formerly Engie EPS, has won an order to deliver a 22MWh battery storage project to  Taiwan Cement Corp (TCC). The system will be an expansion of a 10MW facility being installed at TCC's HePing industrial park. Both units will provide ancillary services to Taiwan's power grid and support the nation’s goal of having 45GW of installed renewable power generation capacity by 2030. NHOA explained that the expansion was undertaken to widen the range of frequency support services sou...

Taiwan Cement reports 2% rise in March revenue

11 April 2022, Published under Cement News

Taiwan Cement saw its revenue increase two per cent to TWD9971.65m (US$342.96m) in March 2022 from TWD9779.716m. In the first quarter of 2022 the company posted a revenue of TWD22945.614m, up four per cent from TWD22037.652m in the 1Q21.

Taiwan's cement producers announce November results

10 December 2021, Published under Cement News

Taiwan 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 ...

Taiwan Cement sees revenue up 1% in October

10 November 2021, Published under Cement News

Taiwan Cement has seen a modest one per cent YoY increase in October revenue to TWD9.57bn (US$344.8m) compared to TWD9.47bn in the year-ago period. In the first 10-months of the year, revenue was up 0.7 per cent to TWD86.47bn from TWD85.9bn.

Taiwan Cement to invest US$1.1bn in new joint venture

30 October 2018, Published under Cement News

Taiwan Cement announced it will spend US$1.1bn to create a joint venture with Turkey’s OYAK in The Netherlands, via a newly-created subsidiary, Dutch TCC Holdings. Taiwan Cement will hold 40 per cent of shares in the joint venture with OYAK holding 60 per cent. Through the JV, Taiwan Cement aims to increase its visibility in the European market at a time when the Chinese market is cooling.

Taiwan Cement President passes away

23 January 2017, Published under Cement News

Leslie Cheng-yun Koo, chairman and president of the Taiwan Cement Corporation, died Monday, 23 January after sustaining critical injuries in a fall on Saturday. Mr Koo (62) was rushed to a hospital on Saturday after falling down a flight of stairs in the Regent Taipei, where he was attending a wedding banquet. He was taken to hospital for emergency treatment, where he remained in an intensive care unit. He had sustained extensive head injuries. Taiwan Cement is expected to issue a stat...

China: Taiwan Cement plans price increase

17 October 2016, Published under Cement News

Taiwan Cement announced that it will be increasing its prices of cement products in China by as much as seven per cent by the end of the year as a response to recovering demand in the country. Edward Huang, Taiwan Cement's senior vice president, said, "We are planning to increase cement prices in southern China by [US$2.97] per tonne." Mr Huang went on to say that infrastructure spending in China is expected to experience a double-digit percentage growth on the previous year, with dema...

Taiwan Cement further hikes price in China

30 September 2014, Published under Cement News

Taiwan Cement announced a further rise in cement prices in China’s Guandong province due to the increasing demand in the domestic market. The price hike follows an earlier increase in August . The company hiked prices in the country’s key market by CNY20 (US$3.26)/t. High-grade cement now costs CNY340/t, up from CNY320/t. Taiwan Cement said demand in the Pearl River Delta area expanded considerably in late September as inventories fell due to construction projects ahead of the 1 Octo...