Improved outlook for Asia Cement Corp in 2013
Taiwanese producer Asia Cement Corp is expected to return to a path of growth this year driven in part by earnings growth from its operations on mainland China, a recent report...
Taiwan
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Taiwan Cement Corp secures syndicated loan, Taiwan
Taiwan Cement Corp (TCC) has secured a five-year oversubscribed syndicated loan of TWD14bn (US$48.29m) from 12 banks, including two Chinese lenders, the company said in a press...
Lucky’s US$160m Vietnam investment short on raw materials
Chen Liang-chuan, the founder of the Taiwan-based Lucky Cement Corp, may see his US$160m into He Duong Cement Co, Nin Binh, Vietnam in 2008 evaporate as the project has found i...
Taiwan Cement sees higher demand and prices lifting fourth quarter
Taiwan Cement Co expects profits to rise in the fourth quarter of on the back of increasing demand and rebounding cement prices in China. TCC’s net profits in the first thre...
Taiwan Cement and Asia Cement to upgrade environmental equipment in China
Anticipating stricter environmental regulations for cement producers in China, Taiwan Cement Co plans to invest TWD700m (US$23.8m) to upgrade its NOx and SOx abatement equipmen...
New South Sulawesi cement plant planned, Indonesia
A new cement plant is being planed in Barru, South Sulawesi involving an investment of US$400m, according to executive director of the PT Fajar Semen Baru project, James Martin...
Taiwan Cement to invest in strengthening position in China
Taiwan Cement Co (TCC) is to invest TWD9bn (US$300m) annually over three years in China to achieve a production capacity of 100Mta by 2016, according to the company’s head. ...
Macquarie lowers TCC Int’l price target, Taiwan
Investment bank Macquarie has lowered its target price for Taiwan Cement Company (TCC) International to HK$2.4 from HK$4.2, and maintained its "outperform" rating. The house c...
Asia Cement to build plant in Northern China
Asia Cement has announced plans to build a new plant 10Mta plant in Handan, Hebei province, marking the Taiwan-based producer’s first foray into the North China Market. Taiw...
Taiwan Cement: cautiously optimistic on second-half prospects
The implementation of various infrastructure projects in Taiwan is expected to help improved market conditions in the second half of this year, the head of the country's leadin...