Cement News tagged under: Taiwan

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Vietnam's cement exports to China drop 5% in 1Q20

12 May 2020, Published under Cement News

China was the largest market for Vietnamese cement imports in the first quarter of 2020, importing 2.73Mt worth US$96.92m, according to the latest data from the General Department of Vietnam Customs. This was down 5.4 per cent and 13.3 per cent YoY in volume and value, respectively, but still accounted for 35.3 per cent of Vietnam’s export volumes during the quarter. The Philippines imported 1.47Mt worth US$69.09m in the 1Q20, declining 27.5 per cent YoY in volume and 32.3 per cent in val...

Asia Cement Corp partners with RWE for offshore energy project

03 April 2020, Published under Cement News

Europe’s third-largest renewables group, RWE, is partnering with Taiwan’s Asia Cement Corp to set up an offshore wind project. The Chu Feng project would have an installed capacity of 448MW and be located off the northwest coast, near Hsinchu City. "The Chu Feng project will enable us to enter this growing market with a strong local partner at our side, whose local expertise complements our global experience and technical know-how," said Sven Utermoehlen, senior vice president of Renewable ...

Taiwan's cement manufacturers record mixed results

10 March 2020, Published under Cement News

Taiwan’s major cement manufacturers have reported mixed results in the first two months of 2020. Taiwan Cement Corp Taiwan Cement Corp has seen a 1.7 per cent decline in February revenue to TWD5bn (US$166.8m) from TWD5.09bn a year earlier. In the first two months of 2020, total revenue was down 13.7 per cent YoY to TWD12.5bn from TWD14.5bn. Asia Cement Corp Asia Cement Corp has also recorded a 9.9 per cent fall in sales to TWD2.85bn in February, compared with TWD3.17bn in the year-ago...

Taiwanese cement producers see revenue decline in January

10 February 2020, Published under Cement News

Taiwan’s cement manufacturers have recorded a challenging start to the year, with Taiwan Cement Corp noting a 20.1 per cent decline in January revenue to TWD7.50bn (US$249.3m) from TWD9.39bn in the year-ago period. Elsewhere, Asia Cement Corp recorded a 34.1 per cent YoY decrease in revenue to TWD5.21bn for the first month of 2020. Lucky Cement saw a 16.1 per cent YoY fall in revenue to TWD296.4m from TWD353.19m in January 2019.

Universal Cement Corp records 5% revenue increase for 2019

10 January 2020, Published under Cement News

Taiwan’s Universal Cement Corp has seen its full-year 2019 revenue increase 4.7 per cent YoY to TWD5bn (US$166.91m), compared with TWD4.78bn in 2018. The result comes despite recording a 1.7 per cent YoY fall in revenue for the final month of the year, which decreased to TWD457.6m from TWD465.5m.

Hsing Ta Cement sees 17% revenue increase in 2019

10 January 2020, Published under Cement News

Taiwan’s Hsing Ta Cement has seen its full-year revenue surge 16.7 per cent YoY in 2019, increasing to TWD7.82bn (US$260.8m) from TWD6.7bn in the year-ago period. However, in the month of December 2019 the company saw a slight 2.3 per cent YoY decline in revenue to TWD691.6m.

Universal Cement Corp sees 17% rise in revenue

10 December 2019, Published under Cement News

Taiwan’s Universal Cement Corp has seen a 17 per cent YoY surge in November revenue to TWD493.4m (US$16.19m) from TWD421.8m in the same period of 2018. In the first 11 months of 2019, revenue increased 5.4 per cent YoY to TWD4.55bn against TWD4.32bn of January-November 2018.

Taiwan Cement Corp records modest decline in revenue

10 December 2019, Published under Cement News

Taiwan Cement Corp has posted a revenue of TWD11.678bn (US$383m) for November 2019, a modest decline of 0.9 per cent from TWD11.784bn from the corresponding period of last year. Between January-November this year, the company has seen revenue decrease 2.4 per cent YoY to TWD110.45bn from TWD113.2bn of the 11M18.

Asia Cement Corp records 5% YoY revenue increase

10 December 2019, Published under Cement News

Taiwan’s Asia Cement Corp has recorded a 4.9 per cent increase in November 2019 revenue to TWD8bn (US$262.5m), compared with TWD7.626bn in the year-ago period. In the first 11 months of the year, revenue climbed 6.6 per cent YoY to TWD81.23bn from TWD76.2bn.

Chia Hsin Cement reports 1% fall in revenues in Oct

12 November 2019, Published under Cement News

Taiwan-based Chia Hsin Cement Corp posted a revenue of TWD176.789m (US$5.8m) in October 2019, slipped 0.9 per cent when compared with TWD178.401m reported for October 2018. In the first 10 months of 2019, revenues fell six per cent to TWD1.573bn from TWD1.674bn in January-October 2018.