West China Cement posts 5% fall in net profit
West China Cement has announced a 5.3 per cent YoY decline in net profit for the first half of the 2020, down to CNY752.3m (US$108.7m) from CNY793.5m in the 1H19. Revenue als...
North Asia
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Anhui Conch's 1H20 profit rises 5.3%
Anhui Conch Cement's net profit rose in the 1H20, on the back of a resumption of construction projects in Asia and higher sales in western China. However, due to the COVID-19 p...
China Resources Cement records 11% rise in profit
China Resources Cement saw its net profit rise 11 per cent YoY to HKD4.19bn (US$540.6m) for the first half of 2020. Revenue fell three per cent to HKD16.88bn, on the back of lo...
BBMG Corp sees net profit fall 50%
China’s BBMG Corp has seen its net profit fall 50 per cent YoY to CNY1.52bn (US$219.6m) for the first half of 2020. Operating revenue also declined 8.3 per cent to CNY40.93bn, ...
Taiheiyo Cement's operating profit rises 17% YoY
Japan’s Taiheiyo Cement announced a 41.8 per cent YoY decline in net profit to JPY3.2bn (US$29.96m) for the quarter ending June 2020. However, operating profit advanced 17.1 ...
China's cement imports surge in May
The imports of cement into China soared in May to 4Mt, twice the level seen at the start of the year as the housing market rebounded and infrastructure spending showed strong g...
Hsing Ta Cement records 10% rise in revenue for July
Taiwan’s Hsing Ta Cement saw a 9.8 per cent YoY increase in revenue to TWD656.18m (US$22.3m) in July 2020, compared with TWD597.88m in the year-ago period. In the first seven ...
Taiheiyo Cement Corp orders Aumund equipment for new power plant
Taiheiyo Cement Corp, Japan’s largest cement producer, has started its new biomass and coal power plant in Ofunato. Until now conveying of biomass in Japan has been dominated b...
Xinjiang Tianshan set to acquire six CNBM subsidiaries
Xinjiang Tianshan Cement Co Ltd is in talks with China National Building Material Co Ltd (CNBM), about the acquisition of six of CNBM's cement-making subsidiaries, according to...
Japanese cement producers help reduce plastic waste
Japan's cement companies are investing to use more plastic waste as fuel to produce cement. Taiheiyo Cement plans to employ new technology for efficiently making coal from p...