Cement News tagged under: Taiwan

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Asia Cement to restrict Sincheng mining activities

16 June 2017, Published under Cement News

Asia Cement is to reduced its mining operations in Hualien County, Taiwan, by 40 per cent amid widespread criticism at the company’s mining activities at the Sincheng site. The company said it would restrict its mining operations in Sincheng Township to about 250ha, 150ha less than the 400ha that the government has approved. It has also agreed to conduct an environmental impact assessment on its mining operations if necessary, once a proposed revision of the Mining Act passes the legislat...

Asia Cement denies Hualien mine expansion

13 June 2017, Published under Cement News

Asia Cement Corp has denied that it has been expanding mining operations in Hualien County, Taiwan,  following accusations by a filmmaker that mining has intensified at the site, the Tapei Times reports. Documentary filmmaker Chi Po-lin made the comments in May 2017 whilst filming a sequel to his aerial photographic documentary ‘Beyond Beauty: Taiwan From Above. Chi subsequently died in a helicopter crash last Saturday but his aerial footage of the Sincheng site has resulted in widespread ...

Vietnam April exports up 6.7%

19 May 2017, Published under Cement News

Vietnam exported more than 1.9Mt of cement and clinker, reflecting an export value of US$67.4m, according to the country’s Customs Department. This represents a YoY increase of 6.7 and 7.6 per cent, respectively. In the first four months of the year, the country exported 6.7Mt of cement and clinker, up 12.8 per cent YoY. In terms of value a 7.9 per cent rise to US$235m was reported. Bangladesh and the Philippines were the largest importers, accounting for 37 and 32 per cent, respectively o...

Taiwan Cement Corp to privatise subsidiary

21 April 2017, Published under Cement News

Taiwan 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...

Vietnam 1Q exports rise 11% YoY

18 April 2017, Published under Cement News

Vietnam exported 4.82Mt of cement and clinker worth US$168.65m in the first quarter of this year, representing 11 per cent increase YoY in volume and 6.4 per cent in value, according to the latest data of the General Department of Vietnam Customs. In March the country’s clinker and cement exports rose 7.8 per cent from February in volume and 7.6 per cent in value to 1.8Mt worth US$62.67m, the Xay Dung online newspaper quoted the government department as saying. Bangladesh remained the ...

Taiwan: Chia Hsin Cement sees 11% revenue rise, pretax profit drop

31 March 2017, Published under Cement News

Chia Hsin Cement Corp of Taiwan reported an 11 per cent rise in revenues to TWD3.14bn (US$103.3m) in 2016 when compared with TWD2.83bn in 2015. However, pretax profits dipped 59.4 per cent from TWD194.9m in 2015 to TWD79.2m the following year. Net profits reached TWD24.89m.

Taiwan: Hsing Ta Cement sees February revenues up 27%

10 March 2017, Published under Cement News

Taiwan’s Hsing Ta Cement posted revenues of TWD174.57m (US$6.62m) in February, up 27.3 per cent from TWD137.18m YoY. The company reported revenues of TWD507.63m in Jan-Feb 2017, which represent an 6.6 per cent increase when compared with 2M16, when revenues reached TWD475.93m.

Taiwan Cement plans to increase exports to China

08 December 2016, Published under Cement News

The 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...

Vietnam cement exports fall 17.2% YoY in 9M16

20 October 2016, Published under Cement News

In September Vietnam’s clinker and cement exports fell 0.3 per cent to 1.15Mt when compared with August but climbed 3.5 per cent to US$48.16m, according the Vietnamese Ministry of Industry and Trade. Vietnam exported 11.28Mt of cement and clinker in the first nine months of 2016, which represents a 6.6 per cent fall when compared with the same period the previous year. Total value of the exports was down 17.2 per cent YoY to US$429.3m. The Philippines, Bangladesh, Taiwan and Mozambique...

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...