Cement News tagged under: Taiwan

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Taiwan Cement sees 14% rise in September revenues

11 October 2017, Published under Cement News

Taiwan Cement Corp reported revenues of TWD8.071bn (US$266.8m) in September 2017, up 13.9 per cent from TWD7.087m in the year-ago period, according to a note filed to the Taiwan Stock Exchange. For the first nine months, the cement producer saw its revenues increase by 9.4 per cent YoY from TWD63.024bn in 9M16 to TWD68.952bn in 9M17. Taiwan Cement Corp is Taiwan's largest cement producer. It operates three plants at Hoping, Su'ao and Hualien with a total capacity of 9.5Mta.

Hsing Ta revenues up 34% YoY in Aug 2017

08 September 2017, Published under Cement News

Taiwanese cement producer Hsing Ta sees revenues up 33.6 per cent to TWD487.484m (US$16.24m) in August 2017 from TWD364.687m in August 2016m, according to the Taiwan Stock Exchange. In the first eight months of 2017, the company’s revenues rose 20.2 per cent YoY from TWD2.68bn to TWD3.222bn.

TCC International issues positive profit alert

12 July 2017, Published under Cement News

TCC International Holdings Ltd said it expects to swing to a profit for the first half of this year compared to a loss for the corresponding period of 2016. The Hong Kong-listed cement products manufacturer said an increase in product prices has helped earnings through the first half. It did not specify the expected profit for the January-June 2017 period. In the 1H16, TCC International posted a loss of HKD156.1m (US$20m).

Taiwan plans to lower cement cap on exports

21 June 2017, Published under Cement News

The government of Taiwan plans to lower the cap on Taiwan's cement exports from over 20 per cent of total output to 15 per cent to help protect the environment, Vice Minister of Economic Affairs Yang Wei-fuu  has said. In response to concerns that the pursuit of aggressive cement export growth has come at the expense of environment, Yang said the ministry is devising an environmental impact assessment (EIA) policy for the development of the cement industry. The policy is scheduled to be co...

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.