Displaying items by tag: TCC

Taiwan: Taiwan Cement Corporation (TCC) and 100 construction firms have together launched the Low Carbon Construction Pioneer Alliance. CNA News has reported that the founding members eliminated 146,000t of CO₂ emissions altogether through their use of reduced-CO₂ building materials since November 2024. This includes despatches of 800,000m³ of Portland limestone cement (PLC) concrete by TCC, with 2.5Mm³ in cumulative orders to date. TCC first launched its PLC in October 2023, touting an emissions reduction of 15% compared to ordinary Portland cement (OPC). It since enlarged the net reduction to 24% through production modifications.

Taiwan Cement chair Zhang Anping said "TCC took the initiative to align with the Global Cement and Concrete Association and released the lowest-carbon PLC concrete in Taiwan. The CO₂ reduction is far greater than the 53% as defined by the government.”

China: TCC International Holdings has reported that it has signed an agreement with Southwestern Cement, a subsidiary of China National Building Material Group Corp (CNBM), to 'increase cooperation on several businesses'.

According to agreement, TCC will buy cement assets in Sichuan Province from Southwestern Cement for US$8.52m to expand its share of the local market, while TCC will sell its cement assets in Guizhou Province to Southwestern Cement for US$17.8m. TCC will earn US$137m in profit from the deal and will use the profit to replenish working capital and fund future acquisition projects.

Taiwan: Taiwan Cement Co (TCC) will invest US$300m annually in China over the next three years to achieve an annual production of 100Mt by 2016. Chairman Leslie Koo made the announcement, adding that TCC's investment in 2012 will focus on second-phase plant construction in Anshun, Guizhou Province in China. To maintain a regional lead in the market, TCC intends to steadily improve production capacity in China and strengthen market share through mergers and acquisitions.

In his announcement Koo pointed out that, due to the EU debt crisis and China's macroeconomic controls, the cement market sagged in the first five months of 2012. Due to the easing of the debt crisis since June 2012, faster approvals of infrastructural projects and restored high-speed railway construction in China, the cement industry will likely see operations rebound in the second half. In addition public construction projects in Taiwan are also pushing demand for cement.

Taiwan/China: Taiwan Cement Corp. (TCC) has made rapid progress in the Chinese market so far in 2011, recently announcing a massive seven-fold increase in first half earnings compared to 2010. TCC took USD138.5m in earnings from operations in China in the first half, which it attributes to higher product prices and successful capacity expansions. TCC's subsidiary in China, TCC International Holding Ltd, registered USD43.3m and USD95.2m in earnings in the first and second quarters respectively.

According to analysts, China's cement industry normally improves in the second quarter. TCC International shipped 7Mt of cement in the first quarter, with investors forecasting the volume to exceed 9.2Mt in the second quarter. If realised, such figures would represent a 30% year-on-year increase.

China: CNBM was China's biggest cement producer in 2010 followed by Anhui Conch and Jidong according to newly-released data from OneStone Research.

In China the top 10 cement producers comprised 817.4Mt/yr (34%) of a cement capacity of 2.41Bnt/yr. The market leader with a capacity of 200Mt/yr (8.3%) was CNBM, followed by Anhui Conch with 150Mt/yr (6.2%) and Jidong with 89Mt/yr (3.7%). Next places in the ranking were taken by Sinoma Cement, Shanshui, Huaxin, CRC, Tianrui, TCC (China) and Hongshi.

Companies in the top 11 – 20 rankings included BBMG, Jinyu Group, Lafarge, Yatai and Asia Cement, combining about 9.5% of China's cement capacity. In total the top 20 companies comprised 43.5% of the national capacity.

The only foreign producer within the top 10 besides Holcim (which hold a 39.9% participation in Huaxin) was Taiwan Cement Corp. (TCC) Other major foreign cement producers in China include Lafarge, CRH, HeidelbergCement, Asia Cement Corp., Taiheiyo, Italcementi, Cimpor and Cemex.