Taiwan Cement reports company revenue of TWD114.36bn in FY20
Taiwan Cement has announced its consolidated financial results for the year ended 31December 2020, as compared to the corresponding period of last fiscal year. Company...
North Asia
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Huaxin Cement Xiangyang Co Ltd invests CNY1.5bn in building materials industrial park
This year, Huaxin Cement Xiangyang Co Ltd is investing an additional CNY1.5bn (US$230.6m), in its original cement building materials project. Huaxin Xiangyang Building...
Tangshan Jidong Cement reports 3% rise in income
China’s Tangshan Jidong Cement has reported a 2.8 per cent YoY increase in operating income to CNY35.48bn (US$5.46m) for 2020, compared to CNY34.51bn in the previous year. Ne...
China Resources Cement reports 4% profit increase
China Resources Cement has seen its profit attributable to owners rise four per cent YoY to HKD8.96bn (US$1.15bn) for 2020. The company also posted a turnover of HKD40.09bn in...
China’s path to green growth
It’s been almost 25 years since Changming Gao, senior consultant of FLSmidth (Beijing) Co Ltd, proposed the ‘Four-Zero and One-Negative’ sustainable development strategy. Since...
Taiwanese manufacturers report mixed start to 2021
Taiwan’s Lucky Cement has seen a 28.5 per cent fall in revenue to TWD279.07m (US$9.85m) in February 2021, compared to TWD390.29m in the year-ago period. In the first two months...
Taiwan Cement Corp reports 5% rise in revenue
Taiwan Cement Corp has reported a 9.3 per cent YoY decline in revenue to TWD4.54bn (US$160.19m) for February 2021, compared with TWD5bn in the year-ago period. In the first t...
CNBM begins restructuring cement business
China National Building Materials (CNBM) has begun restructuring its cement business and has subsequently sold China United Cement, Sinoma Cement, as well as a 99.9 per cent st...
China: pandemic to peak carbon
China’s forthcoming 14th Five-Year Plan commits the country to ‘peak carbon’, but what consequences will this have for the world’s largest cement producer? Previous restructuri...
Hanil Cement reports 3% rise in revenue
South Korea’s Hanil Cement has seen a three per cent rise in revenue to KRW974.29bn in 2020, compared to KRW946.19bn in the previous year. Operating profit surged to KRW132.8...