Cement News tagged under: Taiwan Cement Corp
Taiwan Cement Corp to privatise subsidiary21 April 2017, Published under Cement NewsTaiwan Cement Corp, the country’s largest cement maker, yesterday announced a proposal to privatise its TCC International Holdings Ltd (TCCI) subsidiary and delist from the Hong Kong Stock Exchange. TCCI has cement operations in several southern Chinese provinces. If the proposal is completed, TCCI would become a fully-owned unit of Taiwan Cement, TCCI managing director, Jason Koo, told a news conference. Taiwan Cement is the largest shareholder of TCCI, owning 63.05 per cent of the... |
Taiwan Cement plans to increase exports to China08 December 2016, Published under Cement NewsThe Taiwan Cement Corporation has said that it expects to ship 1.1Mt of cement to China in the first quarter of 2017, an increase of two per cent on its performance in 1Q16, the Taipei Times reports. In an earnings statement covering the first nine months of 2016, Taiwan Cement saw its profit increase by 13.7 per cent to TWD4.5bn (US$141m), driven by rising prices and a fall in the cost of coal. The company’s exports to China reached 3.9Mt in the first three quarters of 2016, up 10 per... |
Taiwan Cement Corp subsidiary in Chinese acquisition03 November 2014, Published under Cement NewsTaiwan Cement Corp announce that it plans to spend CNY676m (US$1117m) to acquire Sichuan Railway Group Cement via a subsidiary as part of its plans to increase its presence in China. The acquisition is being made through the company's subsidiary TCC International. Upon completion of the deal, Taiwan Cement's total clinker and cement capacity would be increased by 1.6Mta and 2Mta, respectively . Currently, TCC International, which is listed in Hong Kong, operates two plants in Sichuan: ... |
TCC confident on fourth-quarter revenue boost19 August 2014, Published under Cement NewsTaiwan Cement Corp (TCC) said it expects revenue to rise by 13 per cent in the second half of this year from TWD58.59bn (US$1.96bn) in the first half due to an anticipated rise in sales in the fourth quarter. The company expects revenue this quarter to be between the TWD28.67bn it reported in the first quarter and TWD31.87bn in the second quarter. Revenue for the final three months of the year is forecast to be TWD34.21bn. Cement prices and shipments traditionally start rising at the en... |
TCC retains top six slot in China07 January 2014, Published under Cement NewsTaiwan Cement Corp (TCC), one of Taiwan's top cement manufacturers, has retained its position as China’s sixth largest cement producer by capacity. Last year, Taiwan Cement had production capacity of 55.27Mt in China, up 2.06 per cent from a year earlier when it also ranked sixth, according to statistics released by China Cement Net on Friday. The company was the third largest supplier in southern China with capacity of 21.08Mt, trailing only China Resources (Holdings) Co and Anhui Conch ... |