Arabian Cement to penalise CNBM on Rabigh project
Arabian Cement Co has confirmed that it will impose a delay damage penalty of five per cent on CNBM International Engineering Co for the Saudi cement producer’s new mills at ...
North Asia
357 posts · Page 16 of 36
SungShin Cement swings into the black in 2023
South Korea-based SungShin Cement reported a preliminary and unaudited revenue of KRW1.113trn (US$832,886) in 2023, up from KRW1.03trn in 2022. The company’s operating prof...
China Cement Association and GCCA sign low-carbon future agreement
The two leading representative bodies of the global cement industry have signed a milestone agreement to help accelerate decarbonisation of the sector across the world. China C...
Sinoma wins Eastern Province Cement contract
Saudi Arabia-based Eastern Province Cement Co has awarded the contract for a new cement production line to China’s Sinoma CDI. The new line, which is costing US$270m, will h...
Taiwan Cement completes share agreement for Denizli Çimento
Taiwan Cement Corp has finalised its agreement with OYAK Çimento to acquire a further 20 per cent stake in Denizli Çimento ,Turkey. According to Reuters this will boost Ta...
Taiwan Cement commissions battery project
Taiwan Cement Group has commissioned a 311MWh battery at its HePing plant in Hualien County, Taiwan. The battery has been supplied by NHOA SA, formerly Engie EPS, according...
Korea's white cement levy on Egypt begins
South Korea’s anti-dumping duty on white Portland cement from Egypt has begun. The 72.23 per cent levy started on 15 November 2023 and will last for four months. The move is...
CNBM issues 9M23 profit warning
China National Building Material (CNBM) has issued a profit warning for the opening nine months of 2023. According to Reuters, the company expects to report a 70 per cent YoY...
Universal Cement reports 11% increase in 9M revenue
Taiwan-based Universal Cement Corp report a 3.6 per cent advance in revenues to TWD618.592m (US$19.28m) in September 2023 from TWD597.159m in September 2022. In the January-...
Taiwan Cement plant has 107MWh battery commissioned
Nhoa Energy, a unit of Nhoa SA, formerly Engie EPS, has announced the commissioning of a 107.3MWh energy storage project at a Chinese plant of Taiwan Cement Group (TCC Group)...