Ssangyong Cement set to change company name
South Korea’s Ssangyong Cement will change its company name to SsangYong C&E. The new name, which takes the first letters of cement and environment, reflects the company’s desi...
North Asia
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Chia Hsin Cement Corp sees 19% rise in January revenue
Taiwan’s Chia Hsin Cement Corp has posted an 18.5 per cent YoY rise in revenue to TWD195.48m (US$6.98m) in January 2021. The company reported a revenue of TWD165m in January 2...
Hanil Cement improves drilling efficiency
Hanil Cement opted to invest in an intelligent Epiroc SmartROC T35 surface drill rig from Epiroc for use at its limestone quarry near Danyang, in the north-eastern region of So...
Taiheiyo Cement 9M net profit advances 22% YoY
Japan-based Taiheiyo Cement Corp saw its 9MFY20-21 revenues ended 31 December 2020 slip by 1.6 per cent to JPY652.71bn (US$6.23bn) from JPY662.99 in the year-ago period. Howe...
China reports 2% rise in cement production for 2020
China’s National Bureau of Statistics (NBS) has reported a 1.6 per cent YoY rise in cement output to 2.377bnt for 2020. The construction of 3203 projects started across the ...
Huaxin Cement announces profit decline for 2020
China’s Huaxin Cement expects its net profit to decrease by 9-14 per cent YoY in 2020, compared to CNY6.3bn (US$974m) in the previous year, according to preliminary calculation...
Asia Cement Corp reports 3% increase in December revenue
Taiwan’s Asia Cement Corp has reported a 2.5 per cent YoY increase in revenue to TWD8.32bn (US$297.2m) for December 2020, compared with TWD8.12bn in the year-ago period. In t...
MIIT raises old-capacity elimination levels in China to enable new capacity projects
China has unveiled stricter draft rules for new cement plants, increasing the amount of old capacity that producers need to retire as they propose new capacity. The tougher re...
Taiwan's producers see fall in November revenue
Taiwan Cement Corp has reported a 6.8 per cent YoY decline in revenue for November to TWD10.89bn (US$385.81m) from TWD11.68bn in the year-ago period. In the January-November pe...
Lucky Cement reports 16% rise in November revenue
Taiwan’s Lucky Cement has reported a 16.3 per cent YoY increase in revenue for November 2020, rising to TWD402.13m (US$14.24m) from TWD345.87m in November 2019. In the January...