West China Cement provides update on cement project
Following West China Cement’s acquisition of 97.5 per cent of equity interest in Kangding Paomashan Cement Ltd in July 2020, it has now provided an update on the cement project...
North Asia
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Wenxi Jidong Haitian Cement completes mine restoration
China’s Wenxi Jidong Haitian Cement has restored one of its mines by investing around CNY4m (US$586,000) over three years to plant 20,000 trees and grow enough grass to cover 1...
Taiheiyo Cement to transfer equity stake in Qinhuangdao Asano Cement
Japan-based Taiheiyo Cement announced that it would transfer the 71.99 per cent equity stake in its Chinese consolidated subsidiary Qinhuangdao Asano Cement to China's Qinhuang...
China’s cement production up 4% in July
Chinese cement output increased 3.6 per cent in July as a pick-up in the economy drove cement consumption, according to data from the Ministry of Industry and Information techn...
Asia Cement to purchase additional stake in Chiahui Power
Japan-based Electric Power Development Co, also known as J-Power, is planning to sell its entire stake in Chiahui Power to Taiwan’s Asia Cement for TWD5.37bn (US$183m). The...
Taiwan's producers see decline in August revenue
Taiwan’s Universal Cement Corp has reported a 3.5 per cent YoY decline in August revenue to TWD366.9m (US$12.5m), against TWD380.4m in the same month of 2019. However, in the J...
Aumund completes orders in Hong Kong and Japan
Aumund Asia in Hong Kong is supplying specially designed Samson ® Material Feeders to customers in Thailand and Japan. The machines are equipped with filters and enclosures so...
Lucky Cement posts 23% rise in August revenue
Taiwan’s Lucky Cement has announced a 22.9 per cent YoY rise in August revenue to TWD366.8m (US$12.5m) from TWD298.5m in the same month of 2019. In the first eight months of 2...
Taiwan Cement to provide carbon footprint labels on cement in 4Q20
Taiwan Cement Corp (TCC) has taken a leap forward in its efforts to reduce its carbon emissions by providing the first carbon footprint label for cement in Taiwan. TCC's produc...
West China Cement to raise US$102m in private placement
West China Cement Ltd has announced to raise CNY700m (US$101.9m) in a second tranche of private placement of medium-term notes to investors in China. The tranche has a term o...