Cement News tagged under: Taiwan

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Asia Cement invests in green wind energy

20 March 2018, Published under Cement News

Asia Cement Corp announced yesterday that the company is partnering with Copenhagen Infrastructure Partners (CIP) to develop an offshore wind farm that could be in operation before the end of 2020. The TWD60bn (US$2.05bn) Hsinchu Offshore Wind Power Project is a 450MW off the Taiwan coast. Asia Cement President, Kun-Yen Lee, said, the cement producer would cover TWD20bn-30bn of the development costs, in line with the 20-30 per cent self-financing ratio of most wind projects. The loc...

Chia Hsin Cement Corp reports revenue decrease in February

12 March 2018, Published under Cement News

Taiwan-based Chia Hsin Cement Corp has announced its results for the Jan-Feb 2018 period, recording a 26 per cent YoY decrease in revenue from TWD404.17 (US$13.80m) to TWD297.68m. In February the company saw a 27 per cent fall in revenue to TWD125.59m from TWD171.51m of the year-ago period.

Universal Cement Corp reports revenue decrease in February

09 March 2018, Published under Cement News

Universal Cement Corp. has reported a decrease in revenue for the February 2018 period, falling 13 per cent to TWD268.12m (US$9.14m) from TWD308.36 of the year-ago period. However, the Jan-Feb revenue increased by eight per cent YoY from TWD672.2m to TWD728.6m.

Taiwan manufacturers see positive January

12 February 2018, Published under Cement News

Four of Taiwan's cement producers have reported positive results for January. Hsing Ta, Universal, Asia Cement Corp and Taiwan Cement Corp all saw revenues increase.   Hsing Ta Cement has announced its revenue results for the January 2018 period, which feature a 42.8 per cent rise to TWD475.4m (US$16.2m) from TWD333m in January 2017. Similarly, Universal Cement Corp has realised a 26.6 per cent YoY revenue increase from TWD363.8m to TWD460.4m for January 2018. In the same period, As...

Taiwan Cement plans to increase alternative fuel use

29 January 2018, Published under Cement News

Taiwan Cement Corp has announced plans to work with Beijing Orient Landscape & Environment Co Ltd to develop its involvement in the Chinese waste market, according to the Taipei Times. The company expects to work with waste management service provider Beijing Orient to bid on Chinese projects. Taiwan Cement is creating technologies which will enable it to use tyres, plastics and petrochemical wastes to replace coal. Presently, the company is able process 200tpd of hazardous waste at its pl...

Universal Cement Corp sees 14% revenue drop in December

10 January 2018, Published under Cement News

Universal Cement Corp, Taiwan, has reported a 13.8 per cent YoY fall in December revenues to TWD399.796m (US$13.5m ) from TWD463.842m in December 2016, according to the Taiwan Stock Exchange. For the full year, revenues declined 4.7 per cent from TWD4.622bn in 2016 to TWD4.405bn  in 2017.

Hsing Ta Cement reports 24% revenue rise in 2017

09 January 2018, Published under Cement News

Taiwan-based Hsing Ta Cement has reported a 13.1 per cent rise in December revenues to TWD581.701m (US$19.64m) from TWD514.449m, according to the Taiwan Stock Exchange. For the full year, revenues increased 23.7 per cent from TWD4.346bn in 2016 to TWD5.376bn in 2017.

Taiwan's Hsing Ta reports revenues up 53% in November

08 December 2017, Published under Cement News

Hsing Ta Cement Co Ltd reported a 52.6 per cent rise in revenues to TWD673.172m in November 2017 from TWD441.025m in the year-ago period. For the first 11 months of 2017, the company’s revenues increased 41.8 per cent YoY from TWD3.832bn to TWD4.794bn.

Taiwan Cement Corp increase shipment prices

04 December 2017, Published under Cement News

Taiwan Cement Corp are to raise product prices for shipments to Guangdong and Guangxi provinces by CNY20 (US$3)/t to CNY360, as reported by Taipei Times. The increase in price will be effective from Saturday. The price change is demonstrative of the strong demand in Southern China and subsequent shortage of cement. Beijing’s stricter environmental regulations have also led to some cement producers halting production, negatively impacting the quantity of cement available. Taiwan Cement coul...

Vietnam 10M17 exports rise 23% YoY

16 November 2017, Published under Cement News

Total cement exports from Vietnam rose to 15.12Mt in the first 10 months of 2017, representing a 22.9 per cent YoY increase. The country’s export earnings were up 13.9 per cent when compared with the year-ago period, reaching US$532.4m, according to the Ministry of Industry and Trade. Bangladesh, the Philippines, Taiwan and Peru were among major importers of Vietnamese clinker and cement, taking a 74.8 per cent share of the country’s total cement and clinker exports in the period. Ban...