Indonesia/Japan agree on infrastructure plan
Indonesia and Japan have reach an agreement that could see up to US$43bn invested in 45 infrastructure projects in the Indonesian capital, Jakarta, by 2020. The deal was reac...
Japan
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Taiheiyo Cement falls 7% on weaker April-June operating profit
Shares in Taiheiyo Cement Corp opened lower Monday, weighed down by the firm's announcement on Friday that it recorded a JPY490m (US$6.3m) operating profit for the April-June q...
Taiheiyo quarterly profit seen rising on higher demand
Japan’s leading cement producer Taiheiyo Cement is expected to report consolidated operating profit of about JPY1bn for the three months ended 30 June 2012, according to a Nikk...
Taiheiyo could surpass FY13 earnings outlook, Japan
Taiheiyo Cement’s president Shuji Fukuda has said the company’s earnings forecast for fiscal 2013 that was released in May could be on the conservative side as earthquake recon...
Sumitomo Osaka considers streamlining transport operations, Japan
Sumitomo Osaka Cement is considering an overhaul of the group’s transport operation as it prepares to mark 20 years since the company was merged into a single entity. The Nik...
Sumitomo Osaka to sell more in-house power, Japan
Sumitomo Osaka Cement Co plans to lift sales of power generated in-house at a Tochigi Prefecture plant using wood biomass fuel, according to reports in the Nikkei. The power...
Reconstruction efforts to boost operating profit, Japan
Taiheiyo Cement Corp and Sumitomo Osaka Cement are both expected to post their highest operating profit in five years in fiscal 2012 due to reconstruction demand from the March...
Taiheiyo Cement recycles waste into profits
Taiheiyo Cement Corp is boosting its bottom line in an efficient and ecological way by recycling industrial waste into materials for making cement. In the year ended March 2...
Taiheiyo Cement’s operating FY14 target, Japan
Japan’s Taheiyo Cement plans to increase group operating profit by around JPY50bn (US$598.8m) in fiscal year 2014 (FY14), an increase of 90 per cent on its projection for the y...
Morgan Stanley raises Japanese cement sector rating
Morgan Stanley MUFJ Securities has set the Japanese cement sector’s rating to “attractive” – the highest ranking on its three-tier scale. According to a Nikkei report, analy...