Cement News tagged under: taiwan
Meeting the biodiversity challenge26 May 2023, Published under Cement NewsThis week saw the UN-sanctioned "International Day for Biological Diversity", dedicated to promoting its new theme "From Agreement to Action: Build Back Biodiversity". The next UN Climate Change Conference, COP 28, which takes place in Dubai, UAE at the end of the year will advance this agenda further, as well as take stock of the implementation of the Paris Agreement objectives for biodiversity. Recognition of biodiversity loss and the need to change damaging practices is a starting poin... |
Universal Cement reports reports lower 1Q profit15 May 2023, Published under Cement NewsTaiwan-based Universal Cement Corp reported revenue of TWD1835m (US$59.4m) in the January-March 2023, up 19.8 per cent when compared with the equivalent quarter of 2022, when revenue was TWD1532m. However, pretax profit more than halved from TWD728.8m in the 1Q22 to TWD315.5m in the 1Q23. Net profit was down 60.6 per cent YoY to TWD272.9m in the 1Q23 from TWD691.9m. |
Taiwan Cement reports 9% increase in April revenues11 May 2023, Published under Cement NewsTaiwan Cement Co reported revenues of TWD9.1bn (US$296.4m) in April 2023, up 9.4 per cent from TWD8.319bn in April 2022. In the first four months of 2023 the company saw its revenue advance by 13.4 per cent to TWD35.462bn from TWD31.265bn in the 4M22. |
Mixed January-March results for Taiwan’s cement producers12 April 2023, Published under Cement NewsTaiwan-based Asia Cement Corp saw its revenue slip by 0.1 per cent to TWD8152.982m (US$267.17m) in March 2023 from TWD8160.414m in March 2022. In the January-March 2023 period the company’s quarterly revenue was down 2.4 per cent to TWD19,208.712m from TWD19,681.816m in the January-March 2022 period. Meanwhile, Lucky Cement Co saw a 26.1 per cent increase in revenues to TWD436.03m in March 2023 from TWD345.612m in March 2022. In the January-March 2023 period, revenue increased 24 per ce... |
Taiwan's sustainability strides06 March 2023, Published under Cement NewsSupported by a well-developed economy and good infrastructure, Taiwan's cement market has reached a relatively mature stage. As domestic producers face headwinds including overcapacity, rising cement imports and higher energy costs, the cement sector has also been turning its attention to carbon neutrality and building a sustainable industry. by Taiwan Cement Manufacturers' Association, Taiwan. Taiwan Cement Corp is the country's leading cement producer, with operations including t... |
Taiwan Cement fined for price fixing22 February 2023, Published under Cement NewsTaiwan Cement Corp (TCC) is one of 18 firms fined a combined TWD213m (US$7m) for forming a ready-mixed concrete (RMC) price-fixing cartel, accord to Taipei Times. Since 2018 the companies have regularly met in person and messaged via apps to control the supply of RMC and drive up prices, reports the Fair Trade Commission. TCC faces an individual fine of TWD50m but has said that it will appeal against the ruling. “TCC’s ready-mix concrete quality and price have been considered to be the ... |
Universal Cement sees 3Q profits surge15 November 2022, Published under Cement NewsTaiwan-based Universal Cement Corp reported a 22.7 per cent YoY increase in revenue to TWD1783.1m (US$57.6m) in the third quarter of 2022 from TWD1453.2m in the same period a year earlier. Pretax profit advanced by 158 per cent from TWD240.1m in the 3Q21 to TWD618.7m in the 3Q22 while net profit surged 193.8 per cent YoY from TWD194m to TWD570m. |
Cement carrier sinks off the coast of Taiwan02 November 2022, Published under Cement NewsA search for 12 missing crew members continues off the coast of Taiwan after their cement carrier sank. The 10,000dwt Xing Shun No 1, built in 2014, sank on Monday, 31 October, on the east side of the Changhua channel in the Taiwan Strait. The Panama-flagged ship had 17 seafarers on board. Five seafarers who abandoned the vessel were successfully rescued, and the remaining 12 were still alive at that point, having made it to the lifeboats. Taiwanese authorities said two empty lifeboa... |
Chia Hsin reports 10% increase in August sales14 September 2022, Published under Cement NewsChia Hsin Cement posted revenues of TWD182.371m (US$5.9m) in August 2022, up 9.8 per cent from TWD166.022m in August 2021. In the January-August 2022 period, Chia Hsin’s sales slipped by 4.5 per cent to TWD1388.559m from TWD1453.918m in 8M21. |
Taiwan Cement posts 19% increase in 8M revenues13 September 2022, Published under Cement NewsTaiwan Cement saw a 19.2 per cent advance in revenues to TWD10,689.86m (US$345.9m) in August 2022 from TWD8966.476m in August 2021. In the first eight months of 2022 total revenue edged up 2.5 per cent to TWD68,937.1m from TWD67,307.8m in the 8M21. |