Taiwan Cement Corp to introduce electric tractor units
Taiwan Cement Corp (TCC) will bring Taiwan Transport and Storage Corp's (TTSC) first electric tractor units into operation to transport cement – the first company in the countr...
North Asia
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West China Cement welcomes new CEO
West China Cement has announced the resignation of Mr Wang Fayin as an executive director of the company, effective from 16 April 2024. It has also named Ms Wang Rui as t...
Fitch Ratings expects Taiwan Cement to maintain credit profile after earthquake
The BBB-/Stable credit profile of Taiwan Cement Corp (TCC) is unlikely to be affected by the equipment damage and operational disruption caused by the 3 April 2024 earthquake...
China starts public consultation on emissions accounting and verification guidelines
China is carrying out a public consultation on drafting guidelines regarding emissions accounting and verification for the country’s cement sector until 15 April 2024. This wou...
CNBM reports 10% YoY revenue drop
CNBM has reported revenue of CNY210.2bn (US$29.1bn) in 2023, down 10.1 per cent on the previous year. This was primarily attributed to a fall in the group’s basic building ma...
Southeast Cement sees 2% YoY revenue increase
Taiwan-based Southeast Cement has reported revenue of TWD2.27bn (US$70.88m), up two per cent on the previous year. Net income in 2023 came in at TWD149.5m, on a par with 2022...
Anhui Conch sees profit decline in 2023
Anhui Conch Cement has reported turnover of CNY140,999m (US$19,588m) in 2023. This compares to CNY132,021m in the previous year. Gross profit declined from CNY27,190m in 2...
West China Cement Ltd announces a 65% drop in net profit
West China Cement Ltd has reported a 65.3 per cent decrease in its net income from CNY1214.8m (US$168.7m) in 2022 to CNY421.3m in 2023. This came as sales revenue rose slight...
Chia Hsin Cement Corp sees sales advance YoY
Taiwan-based Chia Hsin Cement Corp has reported sales of TWD2911.6m (US$92.7m) for the full year 2023, marking an increase from TWD2253.7m in the previous year. Net income in...
Disappointing trend continues in Japan
Japan cement sales shrank 5.5 per cent YoY in the first month of 2024, marking a continuing trend. Sales were 2.389Mt in January, down from 2.527Mt a year earlier, according to...