Cement News tagged under: taiwan

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Indonesia, Malaysia and Taiwan top Vietnam export table

12 November 2014, Published under Cement News

Indonesia, Malaysia and Taiwan were the largest importers of Vietnamese clinker and cement in the first nine months of this year, according to data released by the Vietnamese Ministry of Industry and Trade. During the period, Indonesia imported 1.76Mt of clinker and cement worth US$83m from Vietnam, while Malaysia acquired 1.05Mt worth US$52m and Taiwan purchased 969,678t worth US$41.7m. Following on were the Philippines with 816,060t worth US$31.2m and Cambodia with 389,373t worth US$2...

Taiwan: ITRI to receive award for its HECLOT carbon capture technology

23 October 2014, Published under Cement News

Taiwan-based Industrial Technology Research Institute (ITRI) has introduced High Efficiency Calcium Looping Technology (HECLOT), a calcium looping technology developed to reduce carbon emissions from fossil power plants. HECLOT claims to be the first affordable and energy-efficient CO 2 capture solution, capable of achieving a capture rate of up to 90 per cent. ITRI will receive a 2014 R&D 100 Award in November for this breakthrough in the “Environmental Technologies” category. The technol...

Indonesia, Taiwan and Malaysia top Vietnam's eight month export table

26 September 2014, Published under Cement News

Indonesia, Taiwan and Malaysia were the largest importers of Vietnamese clinker and cement in the first eight months of this year, latest data from Vietnam’s Ministry of Industry and Trade shows. During the period, Indonesia imported 1.56Mt of clinker and cement worth US$73m from Vietnam, while Taiwan acquired 933,128t worth US$40m and Malaysia purchased 904,117t worth US$44m. Next in line were the Philippines (721,060t worth US$27m) and Cambodia (348,139t worth US$19m), the ministry ad...

Vietnam’s export volumes up 20% YoY

04 September 2014, Published under Cement News

In the first seven months of this year, Vietnam earned US$563.15 from exporting 13.1Mt of clinker and cement, up 24 and 20.4 per cent in value and volume terms, respectively.  Indonesia, Taiwan and Malaysia were the top importers of Vietnamese exports during the period, according to figures from the Vietnamese Ministry of Industry and Trade. Indonesia imported 1.42Mt of clinker and cement worth US$69m, Taiwan acquired 863,270t worth US$37.6m and Malaysia purchased 700,880t worth US$34.7m. ...

TCC confident on fourth-quarter revenue boost

19 August 2014, Published under Cement News

Taiwan Cement Corp (TCC) said it expects revenue to rise by 13 per cent in the second half of this year from TWD58.59bn (US$1.96bn) in the first half due to an anticipated rise in sales in the fourth quarter. The company expects revenue this quarter to be between the TWD28.67bn it reported in the first quarter and TWD31.87bn in the second quarter. Revenue for the final three months of the year is forecast to be TWD34.21bn. Cement prices and shipments traditionally start rising at the en...

Taiwan Cement acquisition deal rejected

08 May 2014, Published under Cement News

Shares of Taiwan Cement Corp (TCC) moved lower on Wednesday after Chia Hsin Cement Corp rejected a deal in which TCC would have acquired all of TCC International Holdings Ltd's outstanding shares, dealers said. TCC owns a majority stake in TCC International Holdings Ltd. Currently, Chia Hsin Cement holds a 15.8 per cent stake in Hong Kong-listed TCC International Holdings and the rejection of the acquisition deal could hamper TCC's efforts to fully bring the unit under its corporate umbrell...

Taiwan Cement sees 28.81% jump in net profit

01 April 2014, Published under Cement News

Taiwan Cement posted a record TWD10.03bn (US$330m) in net profit last year, up 28.81 per cent from a year earlier, the company said in a statement on Monday. Consolidated sales for 2013 rose 2.11 per cent YoY to about NT$116.10bn, while its gross margin rose about four percentage points from a year earlier to 19.66 per cent. The company's strong sales in China were reflected in the 2013 results of subsidiary TCC International Holdings Ltd, which posted a 14.7 per cent annual increase in ...

TCC retains top six slot in China

07 January 2014, Published under Cement News

Taiwan Cement Corp (TCC), one of Taiwan's top cement manufacturers, has retained its position as China’s sixth largest cement producer by capacity. Last year, Taiwan Cement had production capacity of 55.27Mt in China, up 2.06 per cent from a year earlier when it also ranked sixth, according to statistics released by China Cement Net on Friday. The company was  the third largest supplier in southern China with capacity of 21.08Mt, trailing only China Resources (Holdings) Co and Anhui Conch ...

Fajar Group/Taiwanese Indonesian joint venture project

30 December 2013, Published under Cement News

The Fajar Group is to build a cement factory in Barru, South Sulawesi, in collaboration with a Taiwanese firm, Indonesian press have reported. The 10,000tpd plant will be 80-per cent owned by the undisclosed Taiwanese company, Antara News quoted Fajar Group founder Alwi Hamu as saying.   Hamu added that land clearance has been undertaken for the new plant and construction is expected to begin following Indonesia's legislative and presidential elections next year. He said the IDR7trn invest...

TCC International receives buyout bid

28 November 2013, Published under Cement News

TCC International Holdings said it received a buyout offer from its parent company Taiwan Cement Corp. Taiwan Cement currently holds a 56.5 per cent stake in TCC International Holdings. The proposed deal is valued at HKD5.59bn (US$721m), according to Bloomberg. The deal will allow Taiwan Cement to book the full profits of the Hong Kong unit, TCC International Holdings Ltd, which has a major production base in China and is benefiting from rising product prices there, analysts said.