China Shanshui Cement issues profit warning for 2022
China Shanshui Cement has issued a profit warning, saying that it expects to report a fall in profit of at least 70 per cent in 2022. According to the company, attributable pr...
North Asia
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China Resources Cement issues profit warning for 2022
China Resources Cement Holdings Ltd has issued a profit warning saying that it expects its profit attributable to owners of the company to contract by 74-78 per cent YoY in 2...
BBMG warns of 59% profit fall in 2022
China-based cement producer BBMG Corp has announced that it expects to report a 52-59 per cent YoY decline in net profit attributable to shareholders in 2022. Net profit for th...
Sangwon Cement to increase production in 2023
The workers of the Sangwon Cement complex in North Korea are making innovations in cement production and implementing the decisions of the Sixth Plenary Meeting of the Eight...
CR Cement opens new 10Mta aggregates line
Production has begun at the new aggregates line of China Resources Cement ’s (CR Cement) subsidiary Guangxi Runhan New Materials in Guangxi Province, China. It marks the third...
Chongqing Sifang resumes operations
China-based cement producer Chongqing Sifang New Materials has resumed operations following the lifting of COVID-19 restrictions in the country, according to Reuters. Pr...
Dongwu Cement chief investment officer resigns
Mr Chen Xuanlin has resigned as non-executive director and chief investment officer of Dongwu Cement International, effective from 2 December 2022. According to the company, M...
Asian outlook on carbon capture, utilisation and storage
This week Asia Cement announced that it would be employing TCRK's Arago Cement Process to utilise captured CO2, cement kiln dust and by-pass particles in the cement production ...
Universal Cement sees 3Q profits surge
Taiwan-based Universal Cement Corp reported a 22.7 per cent YoY increase in revenue to TWD1783.1m (US$57.6m) in the third quarter of 2022 from TWD1453.2m in the same period a...
Asia Cement to start CCUS in 2025 with TCRK technology
TCRK, a fast-growing IP-led CO2 capture and usage business, is collaborating with Asia Cement to bring TCRK’s carbon capture technology to a major South Korean cement plant, ...