Taiwan Cement and Oyak fined for JV notification failure
China's State Administration for Market Regulation (SAMR) has fined Taiwan Cement and Ordu Yardimlasma Kurumo (Oyak) for failure to notify the establishment of their joint vent...
North Asia
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Taiwan's producers report positive June results
Taiwan’s Universal Cement Corp has reported a 28.2 per cent YoY rise in its revenue to TWD453.56m (US$15.39m) for June 2020, compared to TWD353.93m in the year-ago period. In t...
Tangshan Jidong Cement reports fall in net profit
China’s Tangshan Jidong Cement has reported its results for the first half of 2020. The company saw its net profit fall around 30.3-34.3 per cent YoY to CNY0.98-1.04bn (US$139....
Henan to hike water and electricity fees
The Chinese province of Henan will increase water and electricity tariffs for cement and steel producers that have failed to meet ultra-low emissions standards, said the provin...
Lucky Cement sees 33% rise in June revenue
Taiwan’s Lucky Cement has posted a 32.6 per cent rise in revenue to TWD360.6m (US$12.25m) for June 2020, compared to TWD272m in the year-ago period. In the first six months o...
JSW Group reportedly set to reduce imports from China
Parth Jindal, managing director of JSW Cement, has announced on social media that JSW Group plans to reduce its net imports from China. "The JSW Group have a net import of US$...
China's cement production rises 9% YoY in May
Cement production increased to 248.69Mt in May 2020, up 11.3 per cent from April and 8.6 per cent from the corresponding period last year, according to the South China Morning ...
South Korean producers sign agreeement to reduce NOx emissions
South Korea’s nine cement producers have agreed to work with the Ministry of Environment to lower NO x emissions, according to The Korea Times. Representatives of companies in...
Taiwan's cement producers see mixed results in May
Taiwan Cement Corp has reported a 5.7 per cent YoY fall in revenue to TWD10.29bn (US$347.6m) for May 2020, compared with TWD10.9bn in the same month last year. In the first fiv...
Hsing Ta Cement sees 12% fall in revenue for May
Taiwan’s Hsing Ta Cement saw an 11.7 per cent drop in revenue to TWD706.9m (US$23.77m) for May 2020, compared to TWD800.4m in the same month last year. In the first five month...