Cement News tagged under: Taiwan

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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...

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...