CNBM and GCCA discuss decarbonisation and environmental protection
The Deputy Secretary of the Party Committee and General Manager of China National Building Materials (CNBM) Group, Li Xinhua, met with Thomas Guillot, CEO of the Global Cement a...
North Asia
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Universal Cement reports reports lower 1Q profit
Taiwan-based Universal Cement Corp reported revenue of TWD1835m (US$59.4m) in the January-March 2023, up 19.8 per cent when compared with the equivalent quarter of 2022, when re...
Taiwan Cement reports 9% increase in April revenues
Taiwan Cement Co reported revenues of TWD9.1bn (US$296.4m) in April 2023, up 9.4 per cent from TWD8.319bn in April 2022. In the first four months of 2023 the company saw its rev...
Taiwan Cement Group plans green bond
Taiwan Cement Group is planning to issue green bonds through its subsidiary in Europe, marking the first time the group has sold such bonds to finance environmentally-friendly p...
China Resources Cement welcomes new CEO
China Resources Cement Holdings Ltd has appointed Mr Jing Shiqing as its new chief executive officer (CEO), effective from 18 April 2023. Mr Jing is also an executive director a...
China Resources Cement issues 1Q23 profit warning
China Resources Cement Holdings Ltd has issued a profit warning for the first quarter of 2023 ended 31 March. Over the three-month period, the company expects to report a loss a...
Mixed January-March results for Taiwan’s cement producers
Taiwan-based Asia Cement Corp saw its revenue slip by 0.1 per cent to TWD8152.982m (US$267.17m) in March 2023 from TWD8160.414m in March 2022. In the January-March 2023 period t...
Mitsubishi Heavy Industries and Osaka Gas sign CCUS value chain feasibility study
Mitsubishi Heavy Industries Ltd (MHI) and Osaka Gas Co Ltd have signed an agreement for a feasibility study on a project to develop a CO 2 value chain for carbon capture, utilis...
BBMG Corp posts 17% fall in revenue in 2022
China’s BBMG Corp has posted a 16.8 per cent YoY decline in revenue in 2022 to CNY102,822.2m (US$14,938m). Net profit over the same period fell 66.6 per cent to CNY1739.9m, whil...
CNBM reports 17% drop in sales in 2022
China National Building Material Company Ltd (CNBM) has reported sales of CNY230.167bn (US$33,441m) in 2022, down 16.5 per cent YoY from CNY275.618bn in the previous year. Net i...